Apple Card outages being reported on Wednesday (June 2) seem to be affecting people’s ability to make purchases and appear to be an ongoing issue, according to Twitter and other reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In today’s top news, Beijing is holding a $6.2 million lottery to pilot its digital yuan, and Mitek has acquired ID R&D to expand its identity fraud-fighting platform. Plus, Instacart is looking to open automated fulfillment centers to reduce costs and form stronger partnerships with...
The partnership banking platform Synctera announced a $33 million Series A funding round on Wednesday (June 2), bringing the startup’s total funding to $45.4 million since its launch in late 2020. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Today in B2B payments, American Express discusses healthier cash flow for the construction sector, and Prevalent delves into reshaping supplier risk management strategy. Plus, Synovus debuts an integrated accounts receivable platform, Temenos creates a virtual COO for small businesses and Wesgro collaborates on small business...
In today’s top payments news around the world, digital insurance firm wefox raised $650 million in financing, while freight forwarder sennder landed an additional $80 million. Plus, open banking platform Belvo notched $43 million. Get the Full Story Complete the form to unlock this article...
In today’s top retail news, Bed Bath & Beyond is debuting three more owned brands, while Advance Auto Parts reported a large increase in net sales and comparable store sales. Plus, Etsy is raising the stakes in the clothing resale segment with its purchase of...
SoftBank’s Vision Fund 2 is in talks to invest in Dubai cloud kitchen Kitopi’s latest funding round, Reuters reported, citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Shipping platform Shippo said on Wednesday (June 2) that it has raised $50 million in new funding. The company said in a blog post that this funding round values Shippo at $1 billion. Get the Full Story Complete the form to unlock this article and enjoy...
AMC Entertainment Holdings, which is among the so-called “meme stocks,” has launched a new communications program called AMC Investor Connect aimed at its “sizable retail shareholder base.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...