News

Investments
Germany Ponies Up $12B To Boost Tech Startups’ Growth
June 22, 2021

Germany has created a $12 billion fund to speed up the growth of startups in the technology sector. The country sees such companies as key to creating the jobs of the future. The money will be used to address the difficulties startups face when trying...

Biometrics
Transmit Lands $543M For Biometric Cybersecurity Products
June 22, 2021

Boston-based Transmit Security has raised $543 million in venture funding, giving the cybersecurity company a valuation of $2.2 billion. Transmit uses biometric authentication, as opposed to passwords, for its identity and risk management systems. Get the Full Story Complete the form to unlock this article...

Regulation
Canada’s Trudeau Party Takes Aim At Social And Streaming Platforms
June 22, 2021

Canadian legislation drafted by Justin Trudeau’s government is taking aim at Big Tech and is looking to subject social and streaming platforms to the same rules as legacy broadcasters, Bloomberg reported on Tuesday (June 22). Get the Full Story Complete the form to unlock this...

Retail
Delivery Is Trumping Deals As Prime Day And Summer Sales Events Continue
June 22, 2021

It may be day two for finding bargains on Amazon’s Prime Day, but it is also day three for Walmart and Target’s events as retailers of all sizes are rolling through the newly elevated summer sales season. Get the Full Story Complete the form to...

Retail
Love It Or Hate It, Prime Day Cannot Be Ignored
June 22, 2021

What began in 2015 as a birthday party for Amazon has ballooned six years later into an industry-wide tsunami of sales, with retailers big and small trying to reap the benefits of Prime Day or risk missing out on what has become one of the...

Retail
Walgreens Provides Incentive For Shoppers To Get COVID-19 Vaccine
June 22, 2021

Walgreens, which runs over 9,000 retail locations in America, Puerto Rico and the U.S. Virgin Islands, announced that shoppers who receive a coronavirus inoculation at the pharmacy chain will get $25 in Walgreens Cash rewards starting on Tuesday (June 22). Get the Full Story Complete...

Retail
Target Works Toward Sustainable Future With New Eco-Conscious Commitments 
June 22, 2021

Target, which has almost 1,900 brick-and-mortar locations and Target.com, revealed a “Target Forward” sustainability roadmap that builds on its “legacy of corporate responsibility and sustainable practices,” according to a Tuesday (June 22) announcement. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Banks Keep Biz Cards, Modernization At The Top Of Their FinTech Collab Agendas
June 22, 2021

FinTech collaborations can help banks modernize in a variety of ways, from introducing a new, digital-first product to overhauling internal legacy infrastructure. This week’s look at the latest in bank-FinTech collaboration finds commercial card enhancements, and an overall push towards digitization, remain key priorities. Get...

B2B Payments
App And Game Developers Level-Up Their Financing Strategies
June 22, 2021

Mobile gaming boomed amid the pandemic. 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, PYMNTS Today. By completing this form, you agree to...