News

B2B Payments
Pacific Western Bank To Launch Virtual Commercial Card
April 29, 2021

Pacific Western Bank (PWB) has announced a new partnership with Extend, which will help launch a virtual Mastercard commercial credit card solution, a press release said on Thursday (April 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Taster Raises $37 Million To Expand Delivery-Only Restaurant Brands
April 29, 2021

London-based food delivery service Taster has announced that it has received a $37 million cash infusion from several outside investors, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
MoneyGram Settles With OFAC Over ‘Apparent Violations’ Of Sanctions
April 29, 2021

The U.S. Department of the Treasury announced that MoneyGram Payment Systems, Inc. agreed to remit $34,328.78 to settle “potential civil liability” for 359 apparent contraventions of different sanctions programs, according to a Thursday (April 29) enforcement release. Get the Full Story Complete the form to unlock...

International
Today In Payments Around The World: India’s Zomato Files For IPO; Netherlands’ MessageBird To Purchase...
April 29, 2021

In today’s top payments news around the world, Zomato is going public in India, while MessageBird is acquiring SparkPost in a $600 million deal. Plus, worldwide shipments of smartphones reached 347 million in Q1 2021. Get the Full Story Complete the form to unlock this...

Investments
Oura Health Looks At Potential $800 Million Valuation
April 29, 2021

Oura Health Oy, which is a Finnish company that makes devices to track sleep, physical activity and other types of well-being, is talking with investors about a possible fundraise that would value the company at $800 million, Bloomberg reported. Get the Full Story Complete the...

Retail
Instacart’s SNAP Integration Expands eGrocery Options For Food Stamp Recipients
April 29, 2021

Leading grocery delivery service Instacart announced Thursday (April 29) the expansion of its integration with electronic benefits transfer (EBT) Supplemental Nutrition Assistance Program (SNAP) to include several more major supermarkets. The service will begin accepting these food stamp payments, already accepted through Instacart at thousands...

B2B Payments
Virgin Money Teams With Trade Ledger On Business Lending Tech
April 29, 2021

Virgin Money is collaborating with FinTech Trade Ledger as it keeps developing its corporate banking offering, according to a Thursday (April 29) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Social Commerce
Facebook Lays Out Its Vision For The Future Of Commerce
April 29, 2021

Much of Facebook’s latest earnings call followed the expected script. Earnings and revenue performance came in strong, across properties (Facebook, Instagram and WhatsApp); the social media giant claims 3.45 billion users, or slightly less than half the planet’s total population; and it makes an astonishing...

International
China Clips Big Tech’s Finance Wings With New Regulations
April 29, 2021

Chinese regulators are handing down new laws that will restrict the finance operations of some of the country’s biggest technology firms, Bloomberg reported on Thursday (April 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...