News

B2B Payments
Société Generale, Kyriba Team On Cloud Treasury Offering
June 13, 2021

Bank Société Generale and Software-as-a-Service (SaaS) treasury and finance provider Kyriba have announced a partnership through which the companies stated they will offer a “new treasury management solution” for Société Generale clients, according to a press release. Get the Full Story Complete the form to...

B2B Payments
Today in B2B Payments: Architect Capital Talks Asset-Based Finance; Airwallex Creates Virtual Card For HK...
June 11, 2021

As FinTech Business Models Shift, Asset-Based Funding Evolves, Too 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,...

Partnerships / Acquisitions
Shopify Acquires Primer For AR Home Design Tools
June 11, 2021

eCommerce platform Shopify has acquired Primer, an augmented reality (AR) app that lets users test the effects of a home improvement project before getting their hands dirty. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Soaring Post-Lockdown Demand Challenges UK Cocktail Bars
June 11, 2021

Amid soaring demand following pandemic lockdowns and with summer cocktails popular amid the recent good weather, the U.K.’s cocktails bars are having a difficult time satisfying demand from bargoers, the Financial Times (FT) reported Friday (June 11). Get the Full Story Complete the form to...

International
Mobile Payments Firm Paga Aims For $1 Billion+ Valuation And Eyes Growth Beyond Nigeria
June 11, 2021

Paga, the largest mobile payments firm in Nigeria, is aiming to be the next company worth at least a billion dollars in Africa. The company counts 17 million unique users among its ranks, which range from consumers to companies and those who start tech firms....

Security & Fraud
Security Breach Exposes Data Of 3.3 M Volkswagen, Audi Customers, Interested Buyers
June 11, 2021

(Editor’s Note: The original version of this story has been updated with new comments from VW)  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...

Retail
Today In Retail: SIGNA Sports United To Go Public Via SPAC; Signet Jewelers Revenue Almost...
June 11, 2021

In today’s top retail news, SIGNA Sports United (SSU) struck a deal to go public by combining with a blank-check company, while Signet Jewelers reported that its revenue nearly doubled from last year. Plus, vintage goods marketplace 1st Dibs went public. Get the Full Story...

IPO
Didi IPO Filing Shows Rebound From Pandemic Lows, Mobility Market Potential 
June 11, 2021

The parade of listings from platform companies, and digital disruptors aiming and streamlining everyday activities, continues. To that end, Didi Chuxing Technology Co. filed its F-1 (under its official name, Xiaoju Kuaizhi Inc.) with the SEC to go public in the U.S., with American depositary...

B2B Payments
How Removing Paper Check Payment Friction Can Open The Door To B2B Payment Digitization
June 11, 2021

Businesses’ migration to online payment tools has accelerated over the past year, but that does not mean they are ready to completely relinquish the B2B payment methods they have utilized for decades. Paper checks still occupy an important space in the B2B and even the...