News

Partnerships / Acquisitions
Sterling, Rho Team On Corporate Banking Solution
April 05, 2021

Sterling National Bank will be debuting a banking-as-a-service feature with Rho Technologies, which is a digital platform providing companies with a suite of commercial banking and finance solutions, a press release said on Monday (April 5). Get the Full Story Complete the form to unlock...

Retail
UBS: 80,000 US Retailers Could Close By 2026
April 05, 2021

A new UBS report says as many as 80,000 U.S. retail stores, or about 9 percent of the country’s total, could close by 2026, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Today In B2B: PSCU CFO Talks Step-By-Step Modernization; Penta Launches SMB Onboarding Initiative
April 05, 2021

Today in B2B payments, PSCU’s CFO discusses the value of step-by-step modernization, and Penta launches a new small business onboarding initiative. Plus, Vizient acquires Intalere, WEX completes the takeover of some HealthcareBank assets and TripActions explores the unexpected evolution of corporate travel and expense management....

Partnerships / Acquisitions
North Lane, daVinci Payments Rebrand As Onbe
April 05, 2021

After finalizing their merger in December 2020, daVinci Payments and North Lane Technologies have rebranded as Onbe, a unified payments firm that seeks to create engaging payment experiences for consumers and businesses. The new brand has an expected annual payment volume of $7.9 trillion, according...

Retail
Food eCommerce 2.0: Freshly Anticipates Ultra-Personalized Future
April 05, 2021

For over a year now, consumers have had to find ways to make mealtimes meaningful from the comfort of their homes. Where once they might have celebrated a special occasion or added some excitement to the work week by going out to a restaurant, now...

Partnerships / Acquisitions
Pinterest Could Capture Younger Users If VSCO Acquisition Happens
April 05, 2021

Digital curation site Pinterest is reportedly in talks to acquire VSCO, the photography app loved by teenagers, The New York Times (NYT) reported, citing two sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
SMB Lender Cora Raises $26.7M In Series A Funding
April 05, 2021

Cora, the Brazilian technology-enabled lender to small and medium-sized businesses, has raised $26.7 million in a Series A funding round, TechCrunch reported on Monday (April 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Intuit, Practice Ignition Partner To Improve Tax Pro Productivity
April 05, 2021

Professional tax product maker Intuit has forged a partnership with Practice Ignition to help tax professionals improve productivity, the two companies announced Monday (April 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Merchants Face Challenges In Enticing Reluctant Consumers Back Into Stores
April 05, 2021

Foot traffic has been slow to recover at America’s retail locations as consumers continue to stay close to home and are eschewing trips that keep them out much longer than 10 minutes, except in a handful of U.S. states. The why of that is a...