News

Security & Fraud
Deutsche Bank Moves Toward ‘More Holistic’ Anti-Financial Crime Team
June 24, 2021

Deutsche Bank is changing its anti-financial crimes and compliance teams after years of scrutiny and enforcement, The Wall Street Journal (WSJ) reported Thursday (June 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Musk: Starlink Not Yet Ready To Go Public Due To Cash Flow
June 24, 2021

Tesla CEO Elon Musk said he will wait on taking his Starlink satellite broadband service public until its cash flow can be counted on. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Today In Retail: Rite Aid’s Retail Pharmacy Operation Fuels Revenue Growth; Sneaker eCommerce Firm GOAT...
June 24, 2021

In today’s top retail news, Rite Aid posted rising revenues from continuing operations, while GOAT wrapped up a $195 million Series F funding round and achieved a of $3.7 billion valuation. Plus, a report indicates that the secondhand market is set to flourish. Get the...

B2B Payments
B2B Payments Today: Curate On Florists’ Business Model Opportunity; BNY Mellon Enhances Treasurers’ Liquidity Management
June 24, 2021

Today in B2B payments, Curate discusses florists’ business model opportunity, and BNY Mellon enhances liquidity management for treasurers. Plus, DataRails discusses the value of spreadsheets for FP&A, SutiSoft enhances its expense management chat bot and small business shippers are facing rising freight prices. Get the...

Retail
AI-Powered Autonomous Retail Startup Trigo Teams With Google Cloud
June 24, 2021

Autonomous retail startup Trigo is partnering with Google Cloud to advance its frictionless checkout technology. The partnership agreement will make Triago’s artificial intelligence (AI) technology for autonomous shopping available on Google Cloud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Cybersecurity Startup Illumio Raises $225M At $2.75B Valuation
June 24, 2021

Security startup Illumio has hit a valuation of $2.75 billion after reeling in $225 million in a Series F funding round, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

eCommerce
YouTube Makes Push To Attract SMBs With Live Shopping Event
June 24, 2021

YouTube is turning its platform over to small businesses Thursday (June 24) in an effort to make the site more of an eCommerce hub, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Amazon, Games Maker Asmodee Sue Over Alleged Counterfeiting
June 24, 2021

Amazon’s campaign against counterfeiting has broadened with their Thursday (June 24) announcement that the online giant is linking up with games maker Asmodee Group in a lawsuit. The legal action is against New York City-based defendants that, the lawsuit charges, “attempted to offer” counterfeit products...

Retail
Grocery Roundup: Ahold Delhaize Takes Over US Supply Chain As Industry-Wide Sales Dip
June 24, 2021

Netherlands-based global grocery giant Ahold Delhaize is taking control of its United States distribution. Its group of U.S. supply chain companies, ADUSA Supply Chain, announced Wednesday (June 23) that 85 percent of the chain will be self-distributed by the end of 2022. Get the Full...