News

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...

Retail
Today In Retail: Camping World Makes Deal For Maine Location; Foxtrot Market Lands $42 Million
February 22, 2021

In today’s top retail news, Camping World Holdings said it struck a deal to purchase Lee’s Family Trailer, while Foxtrot Market has landed $42 million in Series B growth investment. Plus, new data indicates that Amazon Prime keeps outpacing Walmart+. Get the Full Story Complete...

Retail
Billions Of Relief Dollars Hang In The Balance For US Restaurants
February 22, 2021

Earlier this month, the RESTAURANTS Act, which would dedicate $120 billion to restaurant relief, was reintroduced in Congress by a bipartisan group of senators, as reported by Restaurant365. The bill is a follow-up to the RESTAURANTS Act of 2020 that was introduced last June, which...

IPO
UK Trading Execs Urge More Retail Investor IPO Inclusion
February 22, 2021

Executives at trading platforms AJ Bell, Hargreaves Lansdown and Interactive Investor in the U.K. are pushing companies to open up initial public offerings (IPOs) to neglected retail buyers, Bloomberg reported on Monday (Feb. 22). Get the Full Story Complete the form to unlock this article...

IPO
Google’s Oscar Health Looks To Raise $1 Billion In IPO
February 22, 2021

Oscar Health, a health insurance technology startup backed by Google parent Alphabet, is looking to notch $1.05 billion in an initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Australian B2B Payments Provider Cirralto Limited To Raise $14.3 Million
February 22, 2021

Australian business-to-business (B2B) payments company Cirralto Limited announced on Monday (Feb. 22) that it garnered “firm commitments” to raise A$18 million (approximately $14.3 million), according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
OnDeck Teams With HomeAdvisor On SMB Financing
February 22, 2021

OnDeck, an Enova International brand, has collaborated with HomeAdvisor to help businesses and tradespeople on the HomeAdvisor platform to access financing, according to a Monday (Feb. 22) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
SMBs Seeking PPP Loans Frustrated By Typos, Glitches
February 22, 2021

The U.S. Paycheck Protection Program (PPP), renewed this year after Congress finally enacted a stimulus package, has been hobbled by a range of problems, The New York Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

News
Today In Payments: M&T Bank Acquiring People’s United For $7.6 Billion; Restaurant POS Provider Toast...
February 22, 2021

In today’s top news, M&T Bank has agreed to acquire People’s United for $7.6 billion, and restaurant POS provider Toast is mulling an IPO. Plus, Transferwise is rebranding to Wise to reflect the company’s broadening services. Get the Full Story Complete the form to unlock...