News

Cross-border Payments
Western Union Boosts Business FX Payments
February 25, 2021

Western Union Business Solutions, the payments arm of Western Union, is looking at expanding its cross-border payment services for business customers, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

eCommerce
NCR: Payments Are Connective Tissue For Banks And Retailers
February 25, 2021

Banks and retailers can work together to create a fully contextual eCommerce experience, with payments as the common thread. As NCR’s Doug Brown, senior vice president and general manager of NCR digital banking, and Marc Haberkorn, corporate vice president of product management, told Karen Webster,...

Faster Payments
Invoice Financing Comes To SMBs And Freelancers
February 25, 2021

Data shows that SMBs and freelance workers spend more than a month each year chasing down invoices. As Colin Gunnell, co-founder and CEO of Penny told PYMNTS in a recent conversation, a technology platform and unique financing arrangement can shorten the wait and allow SMBs...

Investments
Online Car Market Gettacar Revs Up With $25 Million Round
February 24, 2021

Online car-buying startup Gettacar has announced $25 million in funding toward its goal of making the car buying and ownership process more streamlined, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Sift Partners With McDonald’s On Mobile App Fraud
February 24, 2021

Sift, which works in digital trust and safety, will partner with McDonald’s in order to strengthen cybersecurity and prevent fraud, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Sharks Start To Circle Robinhood
February 24, 2021

From all corners of finance and beyond, the critics are circling Robinhood — and is it possible that Robinhood’s (current) business model is circling the drain? Part of the platform’s allure, of course, is tied to commission-free trading. But in the swirl of controversy and...

B2B Payments
Proxtera And Tazapay Collaborate On Digital Escrow For B2B Trade
February 24, 2021

Proxtera and Tazapay have teamed up to roll out Proxtera Protect, powered by Tazapay, to offer global purchasers and vendors a “secure and protected” payment service to simplify international trade, according to a Wednesday (Feb. 24) announcement. Get the Full Story Complete the form to...

B2B Payments
Ageras Boosts Funding For B2B Accounting Services
February 24, 2021

Ageras Group, a group of companies offering mission-critical accounting software for small-to-midsize businesses (SMBs), has raised $73 million to continue expanding its ecosystem into the world of B2B FinTech, a press release says. Get the Full Story Complete the form to unlock this article and...

Partnerships / Acquisitions
Berkshire Grey Partners With SPAC Revolution Acceleration Acquisition
February 24, 2021

Berkshire Grey (BG) has closed a deal with the special purpose acquisition company (SPAC) Revolution Acceleration Acquisition Corp (RAAC) to file a public offering with a post-transaction equity value of up to $2.7 billion. Get the Full Story Complete the form to unlock this article...