News

Partnerships / Acquisitions
Bank Of America Acquires Healthcare Payment Startup Axia Technologies
April 02, 2021

Bank of America (BoA) is acquiring the German healthcare payment and technology company Axia Technologies for an undisclosed amount as the financial institution (FI) seeks to advance its payment solutions for healthcare clients. Get the Full Story Complete the form to unlock this article and...

News
The Week In Payments: Crypto’s Spendable Moment, Connected Commerce, BNPL Future 
April 02, 2021

A person looking to buy bitcoin a year ago could have done so for the bargain-basement price of $6,664.58 — and would find themselves approximately $51,000 richer today, as the cryptocurrency’s price continues its push to $60,000 and beyond. And while crypto was popping this...

Delivery
Q-Commerce Startups Soar With Focus On Speedy Delivery
April 02, 2021

It doesn’t take too much time browsing the comments on Amazon’s help page under the search phrase, “Why is my order taking so long to ship?” to get a handle on how important speed is in today’s e-marketplace. Fed up with a marked decline in...

Investments
Amazon FBA Buyer Thrasio Raises Additional $100 Million
April 02, 2021

Thrasio, a startup that acquires Amazon FBA brands, closed a Series C funding round with another $100 million investment, bringing its total fundraising to date to $1.35 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

News
Today In Payments: Coinbase Sets Date For IPO; Michaels Teams With Instacart To Trial Same-Day...
April 02, 2021

In today’s top news, Coinbase plans to begin trading on April 14, crypto firms raised more in the first quarter of 2021 than all of 2020, and regulators want more information on how financial institutions use artificial intelligence. Get the Full Story Complete the form...

Retail
UK’s Revolution Beauty Seeks ‘Next New Face’ Via TikTok Social Commerce Competition
April 02, 2021

Fast-growing British cosmetics firm Revolution Beauty has kicked off a month-long global social commerce search for its next new makeup artist and model via a viral TikTok campaign that includes a $100,000 prize and a new product line launch for the winner. Get the Full...

Retail
Sewing Retailer Joann Goes Seamless With Nearly 200 Pct Jump In Omnichannel Sales
April 02, 2021

Just three weeks after its initial public offering (IPO), sewing and arts and crafts retailer Joann said its same-store sales rose 21 percent for the three months ending Jan. 30, while its omnichannel revenues jumped 194 percent, albeit down from the 350 percent digital growth...

Retail
New Platform Turns Beer Labels Into Augmented Reality Experiences 
April 02, 2021

The augmented reality (AR) platform BEERSCANS is looking to advance the craft beer industry with packaging to entertain people as they sip. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
New Report: Open Banking Is More Than Ready For Its Full US Debut
April 02, 2021

Open banking is a reality in the United Kingdom, and coming soon to American shores in its digital-first dazzle, in no small part built on foundational work done in markets like the U.K. Get the Full Story Complete the form to unlock this article and...