News

B2B Payments
The Fed Drives Ahead With Payment Rail Exploration
March 31, 2021

The Federal Reserve is paving the way for new payment infrastructure to drive progress in the U.S. landscape, both through an expansion of the FedNow pilot, as well as the exploration of a possible Fedcoin digital currency. But other innovators like Visa and the ACH...

Delivery
EU Online Grocery Platform Everli Bags $100 Million In Funding
March 31, 2021

Everli, the Milan-headquartered online grocery program, has raised $100 million in a funding round, a press release says. 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...

Security & Fraud
Indian Mobile Phone Gateway MobiKwik Looks Into 110 Million User Data Breach
March 31, 2021

MobiKwik, the Indian payments firm, will get an independent audit after a reported breach that could’ve compromised the data of millions of users, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
Investor Appetite Poor For Deliveroo London Stock Market Debut
March 31, 2021

Even after pricing its shares on the lowest end of the range, Deliveroo couldn’t spark investor appetite for its much-anticipated trading debut on the London Stock Exchange (LSE), the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy...

eCommerce
NFTs Connect Creators, Digital Content – And Commerce
March 31, 2021

As prices for art and tweet-related non-fungible tokens (NFTs) reach dizzying heights, the questions remain: What lies beyond the hype, and where might NFTs prove their value in everyday commerce? Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Mirakl, PunchOut2Go Team On eProcurement Via Marketplaces
March 31, 2021

Mirakl and PunchOut2Go have collaborated to link the eProcurement and business-to-business (B2B) automation of PunchOut2Go with the enterprise marketplace technology of Mirakl, according to a Tuesday (March 30) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Report: Ramp Nears New Infusion That Values Firm At $1.6 Billion
March 30, 2021

Business card and expense management upstart Ramp is reportedly near wrapping up two investment rounds that will provide the firm with a $1.6 billion valuation, The Information reported, citing three unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy...

International
Brazilian Central Bank Gives Green Light To WhatsApp Payments
March 30, 2021

Facebook’s WhatsApp will now be able to let users send and receive payments in Brazil after receiving approval from the country’s central bank Tuesday (March 30), Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Travel Business Pushes Facial ID Toward Its Close Up
March 30, 2021

Everywhere you go, there you — and your face — are. 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 Today. By completing...