News

Regulation
IRS Tightens Oversight Of Crypto Trades And Taxes
May 20, 2021

Whether crypto swoons or crypto booms, the Internal Revenue Service is going to keep better track of the ups, downs, gains and losses at least as far as taxes are concerned. The Treasury Department said on Thursday (May 20) that it will require crypto-related business...

B2B Payments
KWIPPED Debuts Equipment Financing Program APPROVE
May 20, 2021

APPROVE, a new Software-as-a-Service (SaaS) powered by equipment financing programs and put out by KWIPPED, has finally launched after a yearlong pilot, according to a press release on Thursday (May 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Prelim Upgrades Biz Banking Onboarding Platform For FIs
May 20, 2021

Prelim, which helps financial institutions (FIs) automate the customer experience from onboarding to servicing, upgraded digital account opening (DAO) functionalities for corporate banking accounts, according to a Thursday (May 20) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
Unicorn Cashless Payment Firm Nayax Raises Approximately $142 Million In IPO
May 20, 2021

Cashless payments FinTech Nayax has raised 462 million shekels (NIS) (approximately $142 million) in its initial public offering (IPO) on the Tel Aviv Stock Exchange (TASE), according to a Thursday (May 20) announcement. Get the Full Story Complete the form to unlock this article and...

IPO
Robinhood To Give ‘Everyday Investors’ IPO Access
May 20, 2021

Robinhood has introduced a new product that gives “everyday investors” the chance to purchase shares of companies at their initial public offering (IPO) price, a privilege normally reserved for wealthy or institutional investors. Get the Full Story Complete the form to unlock this article and...

News
Today In Payments: Google’s Upgrades Target Buyers; NY Fed: Most Borrowers Who Took Forbearances Have...
May 20, 2021

In today’s top news, Google announced several features to up its eCommerce game, and most borrowers who entered forbearance amid the pandemic have since exited. Plus, cryptocurrency’s rocketing market reflects a decline in investor interest. Get the Full Story Complete the form to unlock this...

International
Payments Company Square Launches In Ireland
May 20, 2021

San Francisco-based Square said that its services are now available in Ireland, its first country in the Eurozone. The company said in a press release that its software, payments and hardware products will work for small to medium-sized businesses (SMBs) as well as big companies....

Retail
Klarna Offers BNPL Service On More Retail Sites, From Aéropostale To Brooks Brothers
May 20, 2021

Buy now, pay later firm Klarna has partnered with two major retail powerhouses, SPARC Group and Authentic Brands Group (ABG), to offer its “Pay in 4” BNPL service to more retail brands. Their online shoppers can now pay in four interest-free installments. Get the Full Story Complete the form to unlock...

Retail
Google Joins Big Tech Peers With First Brick-and-Mortar Retail Location
May 20, 2021

Another Big Tech player has unveiled plans to join the physical retail party, as Google has announced it will open its first-ever physical retail location in Manhattan’s Chelsea district. In a blog post, Google characterized its new retail location as “a space where customers can...