News

Partnerships / Acquisitions
Wix Buys Modalyst To Boost Users’ Ability To Craft Online Presences
June 15, 2021

Wix, a Software-as-a-Service (Saas) platform designed to give users the ability to make an online presence, has acquired Modalyst, a marketplace and drop-shipping platform, according to a press release. Terms of the deal were not disclosed. Get the Full Story Complete the form to unlock...

Regulation
US Security Council Urges EU To Stop Singling Out American Tech Firms
June 15, 2021

The U.S. National Security Council (NSC) told the European Union to stop using the Digital Markets Act (DMA) to target American technology giants, the Financial Times reported, citing sources.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Farmstead’s Refill Discount Program Reframes Grocery Loyalty
June 15, 2021

Grocery app Farmstead is reimagining loyalty with its Refill & Save program. Rather than just rewarding frequent visits, the company also rewards loyalty to individual products, offering a discount on select staples for repeated purchasing. The company recently announced the national expansion of the program. In addition to offering...

Regulation
Big Tech Compliance Tracker: Google Faces $270 Million Fine From France; Ohio AG Seeks To...
June 15, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Faster Payments
DailyPay, PNC, TCH Partner On Real-Time Payments Of Earned Income
June 15, 2021

The on-demand payment company DailyPay is working with PNC Bank and The Clearing House to offer real-time employee payments of earned income over the RTP network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

eCommerce
GoDaddy Launches Payments Processing Solution For SMBs
June 15, 2021

GoDaddy launched a new feature Tuesday (June 15) that allows its eCommerce customers to manage transactions directly on its business platform, making it easier and faster for businesses to get paid and manage orders. Get the Full Story Complete the form to unlock this article...

Fintech Investments
Advent Backs Brazilian FinTech EBANX In $430 Million Deal
June 15, 2021

Brazilian FinTech EBANX has captured a $430 million investment from Advent International. The Curitiba-based Ebanx said in a press release that $30 million would go toward its planned initial public offering (IPO) of stock. Get the Full Story Complete the form to unlock this article...

News
Today In Payments: Klarna Rolls Out CSS Tool To Help European Retailers Save; Stripe Unveils...
June 15, 2021

In today’s top news, Klarna has launched a new tool to help retailers increase customer reach, and Stripe has launched an online identity verification tool. Plus, Facebook Oculus has acquired BigBox VR to expand social, virtual gaming experiences. Get the Full Story Complete the form...

Retail
Luxury Pops Up For The Summer
June 15, 2021

Pop-up shops are nothing new in retail — the last several years have seen several as online brands sought to put a toe into physical retail without a long-term lease commitment. And though the trend was decidedly chilled by the pandemic period and consumer preference...