News

International
Why The UK Can’t ‘Rest On Its Laurels’ When It Comes To Advancing FinTech
July 15, 2021

Halfway through the year 2021, the European FinTech segment is very much on fire. Investors poured $5.3 billion into London-based FinTech firms in the first half of the year — more than 2.5 times the amount invested in any other European city, leading New York and trailing...

Payment Methods
Citcon Sees Trillion Dollar Opportunity For QR-Friendly Merchant POS Systems
July 15, 2021

As much as consumers are out and about and heading back into stores, Citcon President and COO Wei Jiang told PYMNTS, they’re not the people and customers today as they were in early 2020. Get the Full Story Complete the form to unlock this article...

Investments
Cybereason Nets $275M In Crossover Financing For Its Anti-Ransomware Solutions
July 14, 2021

Cybereason, which can help prevent cyberattacks, is the recipient of a $275 million investment from crossover funding, according to a company press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Partnerships / Acquisitions
Toyota’s Self-Driving Unit Acquires US Mapping Firm Carmera
July 14, 2021

Toyota’s self-driving unit, Woven Planet, will now have the benefit of more software mapping through its acquisition of U.S. mapping startup Carmera, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
Square Buys Workplace Messaging Platform Crew
July 14, 2021

Square has bought frontline employee platform Crew, which works to consolidate and streamline workplace operations, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Social Commerce
Yelp Debuts D2C Platform Yelp Audiences
July 14, 2021

Yelp’s new “Yelp Audiences” platform will help advertisers target consumers around the web, according to a press release. 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...

Security & Fraud
FTC: Americans Lost Nearly $500M To COVID Fraud
July 14, 2021

The proliferation of fraud and scams involving COVID-19 has dealt heavy fiscal blows to Americans’ wallets, according to data from the Federal Trade Commission (FTC), per Public Tableau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Bitcoin
Bitcoin Daily: Apollo Global, Figure Team On Blockchain Innovation; Moonpay Partners With FIS For Expansion
July 14, 2021

Apollo Global Management is teaming up with Figure Technologies, a blockchain startup, on several innovative projects, Bloomberg reported. 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...

B2B Payments
Avalara Updates Software To Help Firms Comply With New VAT Rules
July 14, 2021

Tax compliance technology provider Avalara, Inc. has revamped its Avalara VAT Reporting, Avalara AvaTax for VAT and Avalara VAT Registration offerings to assist firms with adhering to the new value-added tax (VAT) regulations for online commerce in the European Union (EU) that went live on July...