News

Retail
Matcha Brand Leverages Mother’s Day Gifting To Attract Wellness Shoppers
May 05, 2021

Mother’s Day, like the December holidays, is a holiday whose main traditions involve gift giving. Compared to the December holidays, however, Mother’s Day has a more limited set of appropriate presents — one rarely receives a PS5 or a Barbie Dreamhouse for Mother’s Day. This...

International
Today In Payments Around The World: Porsche Provides Parking Payment Option In Australia; Toronto Experiences Warehouse...
May 05, 2021

In today’s top payments news around the world, Porsche drivers in Australia have new choices when it comes to parking in Melbourne, while the vacancy rate of warehouse space in Toronto has dropped to just 0.5 percent. Plus, Meridian and Accord Financial Corp. have collaborated...

B2B Payments
Tipalti Now Open To Integration With Any ERP For AP Automation
May 05, 2021

Payables automation company Tipalti said that it now has the ability to integrate with all enterprise resource planning (ERP) technologies, according to a Wednesday (May 5) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Jack Henry, Finicity Team On Open Banking For Community FIs
May 05, 2021

Payments processing services firm Jack Henry & Associates on Wednesday (May 5) announced a partnership with financial data provider Finicity, an arrangement the two companies say will give customers a greater picture of their financial well-being. Get the Full Story Complete the form to unlock...

B2B Payments
GoCardless, BillingPlatform Team To Accelerate Bill Payments
May 05, 2021

BillingPlatform and GoCardless announced a partnership on Wednesday (May 5) that the two companies say will help streamline the quote-to-cash process for businesses. In a press release, the companies said the partnership combines “innovative Payment Gateway Framework technology” and upgraded ACH debit capabilities to make...

B2B Payments
Report: Bill.com Eyes Purchase Of Expense Management Startup Divvy
May 05, 2021

Expense management company Divvy is reportedly the target of a potential acquisition, according to Forbes. 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...

eCommerce
Canada Sees Warehouse Space Shortage Amid eCommerce Boom
May 05, 2021

A warehouse space shortage fueled by the rise in eCommerce is disrupting the economy in Toronto, Canada’s largest city, and threatening to eat up all of the available storage space in the country, Bloomberg reported Wednesday (May 5) Get the Full Story Complete the form...

IPO
Krispy Kreme Gears Up For IPO Amid Wavering Baked Goods Market
May 05, 2021

Krispy Kreme confidentially submitted paperwork with the Securities and Exchange Commission (SEC) for an upcoming initial public offer (IPO). The company, owned by JAB Holding Company, was acquired by the German investment conglomerate in 2016 in a $1.35 billion deal, taking the company private 16...

IPO
Jessica Alba’s Honest Company Notches $412.8 Million IPO
May 05, 2021

Honest Company, the consumer goods company launched by actress Jessica Alba, raised $412.8 million in an initial public offering (IPO) at a $1.44 billion valuation, CNBC reported on Wednesday (May 5). The Los Angeles-based company plans to list its shares on Nasdaq under the ticker symbol HNST....