News

Bitcoin
Bitcoin Daily: Paxos Files For Clearing Agency License; Chinese Lottery Firm 500.com Buys Bitcoin Miner...
April 06, 2021

Paxos, a cryptocurrency firm, said it will apply for a formal clearing agency license from the U.S. Securities regulator now that a pilot test has been completed, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
OneSource, JPMorgan Streamline B2B Finance Management
April 06, 2021

OneSource Virtual (OSV), a Workday Service partner, announced in a press release the availability of its finance and accounting solution, which is powered by Single-Use Accounts (SUA), J.P. Morgan’s virtual card payments solution. The new solution is called Single-Use Accounts (SUA): Invoice Pay + Supplier...

B2B Payments
Aavenir Offers B2B Source-To-Contract Improvements
April 06, 2021

Artificial intelligence (AI)-enabled source-to-pay provider Aavenir is offering new enhancements for REPFlow, its source-to-pay product, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Partnerships / Acquisitions
Corcentric Grows Partnership Program For Procurement, Finance
April 06, 2021

Corporate expense and revenue management company Corcentric is growing its Global Alliance Partner Program, according to a Tuesday (April 6) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

IPO
Flipkart Looks At Possible Traditional US IPO
April 06, 2021

Walmart’s Flipkart is working toward going public, which could happen in the fourth quarter of this year and value the company at $35 billion, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
Cocktails To Go Could Be One Of Many Changes To Survive Beyond Pandemic
April 06, 2021

Some regulations lifted to help businesses and consumers survive the COVID-19 pandemic have bipartisan support in being permanently nixed as the world starts returning to normal, The Wall Street Journal reported on Tuesday (April 6). Get the Full Story Complete the form to unlock this...

Investments
Goldman Sachs Expands Deliveroo Buy To Boost IPO
April 06, 2021

Goldman Sachs spent £75 million ($104 million) to buy additional Deliveroo shares in an effort to support the initial public offering (IPO) price after a disappointing debut on the London Stock Exchange (LSE), the Financial Times reported, citing sources. Get the Full Story Complete the form...

International
Today In Payments Around The World: Swiggy Lands $800 Million; Meesho Notches $300 Million
April 06, 2021

In today’s top payments news around the world, Swiggy raised $800 million in a funding round, while Meesho landed $300 million in new funding. Plus, CRED revealed a new funding round that sets a $2.2 billion valuation for the firm. Get the Full Story Complete...

Retail
Fixing The ‘Broken Economics’ Of Grocery Delivery
April 06, 2021

Even as an increasing number of consumers across the U.S. get vaccinated, and the contagion concerns that supercharged the digital shift recede from the front of consumers’ minds, many of the habits adopted over the course of the last year are likely to stick. An...