News

News
The Week In Payments: Checkout Options, Crypto’s Roller Coaster and InsurTech’s Cooperative Future
April 23, 2021

The digital future is an exciting place, but often a confusing and at times slightly overwhelming one. We are all suffering from a version of the paradox of choice – when given too many options, it can be hard to make a choice, as the...

Digital Banking
Today In Digital-First Banking: Former Barclays Exec Chosen To Lead Citi Commercial Bank; Trade Group...
April 23, 2021

In today’s top news in digital-first banking, a former Barclays executive has been named to serve as head of Citi Commercial Bank (CCB), while the American Bankers Association is looking for more oversight of digital currency companies. Plus, ForwardAI has rolled out its ForwardAI Precise...

News
Business Travel Drags On Amex Earnings; Consumer Spend Up
April 23, 2021

The business travel and entertainment space is still lagging, but spending on goods and services has been on the rebound. And pent-up demand is waiting to be unleashed as consumers take on more cards. That was the short version of the results posted by American Express...

Banking
Former Barclays Exec Selected To Lead Citi Commercial Bank
April 23, 2021

Tasnim Ghiawadwala has been named as head of Citi Commercial Bank (CCB). Ghiawadwala succeeds Sunil Garg, who was recently appointed to serve as Citibank, N.A.’s CEO and chair of the risk and controls project group of the firm’s transformation effort, according to an announcement from...

International
Olympics Go Digital With First-Ever Virtual Series
April 23, 2021

The International Olympic Committee (IOC) will work with five international sports federations (IFs) and game publishers to produce the Olympic Virtual Series (OVS), the first-ever Olympic-licensed event for physical and non-physical virtual sports. Get the Full Story Complete the form to unlock this article and...

Retail
Today In Retail: Panasonic Agrees To Purchase Blue Yonder; Skechers Cashes In On Pandemic-Era Walking...
April 23, 2021

In today’s top retail news, Panasonic announced it has agreed to acquire Blue Yonder, while Skechers said its first-quarter sales climbed by 15 percent. Plus, Square has introduced new inventory management features for its retail sellers. Get the Full Story Complete the form to unlock...

News
Toast Teams With SBA To Streamline $28.6 Billion Restaurant Grant Process
April 23, 2021

Point-of-sale (POS) FinTech Toast is partnering with the U.S. Small Business Administration (SBA) to help streamline the application process for restaurant industry grants. The $28.6 billion Restaurant Revitalization Fund (RRF), authorized by the federal government’s March stimulus bill, will soon begin the grant application process. The...

IPO
PYMNTS SPAC Tracker: Market Cools; SEC On The Lookout For More Info
April 23, 2021

The PYMNTS SPAC/IPO Tracker shows that though some observers have flagged the red-hot listing pace as ripe for a slowdown — CNBC reports that April has seen roughly 10 SPAC deals, where March had about 109 deals) — software companies and firms that stake their claims...

News
Today In Payments: Crypto Takes $260 Billion Dive; Square Unveils New Inventory Management Features For...
April 23, 2021

In today’s top news, bitcoin fell below $50,000 for the first time in weeks, and Square launched new inventory management tools for retailers. Plus, Vivid Seats, the online ticket reseller, is going public via SPAC. Get the Full Story Complete the form to unlock this...