News

B2B Payments
In Banking, SMBs Need A Model T — Not A Faster Horse
March 18, 2021

Neobanks and FinTechs continue to charge ahead with a competitive edge against traditional banks, and small- to medium-sized businesses (SMBs) are increasingly at the center of the most innovative solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Yotpo’s Integrated eCommerce Solution Attracts $230 Million In Funding
March 18, 2021

At a time when “everyone is selling everything online,” Yotpo’s all-in-one eCommerce suite — which integrates marketing, loyalty, customer referrals and reviews into a single platform — has not only convinced over 30,000 brands, but has caught the eye of investors, too. Get the Full...

IPO
Olo CEO On The Path To IPO And Building A Restaurant Network
March 18, 2021

Few companies would look at going public as a time to shake things up. But for restaurant Software-as-a-Service (SaaS) company Olo, that’s exactly what the next order of business looks like. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Fastly CFO Confronts New World Of Back-Office Modernization
March 18, 2021

Publicly-traded firms must keep financial accountability and transparency at the forefront of operations. So when enterprise cloud platform provider Fastly went public in 2019, Chief Financial Officer Adriel Lares knew the potential for back-office digitization to support those priorities. Get the Full Story Complete the...

Security & Fraud
Fraudsters Find New Entry Points To Attack Digital-First Economy
March 18, 2021

It has been an unusually active year for fraudsters. According to the Federal Trade Commission (FTC), 2020 saw payments fraud increase by 47 percent as the sudden shift of consumers to almost entirely digital lifestyles presented a host of new targets. Get the Full Story...

Payment Methods
Got Rails? For Indonesia’s Xendit, Infrastructure Is Baked Into The Business Model
March 18, 2021

Building a digital payments infrastructure from the ground up in Southeast Asia is every bit as challenging as it sounds. Case in point: When FinTech company Xendit worked with a bank in Jakarta, a bulldozer came through and plowed up one of the city’s main...

IPO
Chinese Social Network Soul Files For US IPO
March 17, 2021

Shanghai Renyimen Technology, parent of social media app Soul, has filed confidentially for an initial public offering (IPO) in the U.S., which could take place as soon as this year, according to Bloomberg. Get the Full Story Complete the form to unlock this article and...

Bitcoin
Bitcoin Daily: Morgan Stanley To Open Bitcoin Funds To Wealth Management Clients; Coinbase Valued At...
March 17, 2021

Morgan Stanley is now the first large U.S. bank to offer bitcoin funds to its wealth management clients, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
PayFit Notches About $108 Million For SMB Payroll Tech
March 17, 2021

PayFit landed €90 million (approximately $108 million) in Series D funding to further its aim to streamline payroll and human resource management for every European small to medium-sized business (SMB), according to a Wednesday (March 17) announcement. Get the Full Story Complete the form to...