News

International
Boris Johnson Unveils 4-Step Plan To Reopen UK In June
February 23, 2021

England’s lockdowns could be easing up soon with a new four-step plan, according to a BBC report. 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...

Retail
Walmart’s Bid To Go From Supercenter To Super App
February 23, 2021

Thirty-three years ago, in 1988, in Washington, Missouri, the first Walmart Supercenter opened its doors. The store concept itself took a page from the European hypermarkets, which had begun dotting the suburban landscapes there in the mid- to late-1960s — a vast physical store footprint...

Payment Methods
Lloyds Bank Brands Can Use Mastercard’s Open Banking Connect 
February 23, 2021

Lloyds Bank credit card holders, including Halifax and the Bank of Scotland, can now use Mastercard’s Open Banking Connect to transfer funds, make withdrawals and make payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
The Two Layers Of B2B Collaborative Commerce
February 23, 2021

The B2B payments community has been discussing the persistence of the paper check — and its supposed inevitable demise — for years. Even amid a pandemic and accelerated corporate digitization efforts, the paper check still gobbles up its fair share of B2B transaction volume. So...

Investments
India’s FoodTech Zomato Nets $250 Million On A $5.4 Billion Valuation Ahead Of IPO
February 22, 2021

Zomato, the foodtech unicorn, has raised another $250 million from both existing and new investors before a potential initial public offering (IPO) later this year, Mint reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Bitcoin
Bitcoin Daily: Bitcoin Mine Operator Planning IPO; Swedish Financial Authority Warns Consumers Of Crypto Risks
February 22, 2021

Bitcoin mine operator Northern Data AG is planning to go public and could raise up to $500 million in the initial public offering (IPO), Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
MUFG Debuts Green Deposits For Corporate Customers
February 22, 2021

MUFG Union Bank N.A. has announced a new green deposits feature to help corporate and commercial clients invest in environmentally sustainable projects, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Today In Payments Around The World: Mastercard, ACI Team On Real-Time Payments In Peru; TransferWise...
February 22, 2021

In today’s top payments news around the world, Mastercard and ACI Worldwide are teaming to advance real-time payments in Peru, while TransferWise is changing its name to Wise. Plus, UK Finance is looking at international expansion for financial services in the country. Get the Full...

International
Mastercard, ACI Worldwide Partner To Advance Real-Time Payments In Peru
February 22, 2021

Mastercard and ACI Worldwide are teaming up to advance real-time payments in Peru in collaboration with Cámara de Compensación Electrónica (CCE). “The volume of immediate transfers that we process each month has more than quadrupled. In January 2020, we processed 580,000, a number that increased...