News

B2B Payments
Innovative Payment Solutions Debuts Cloud-Based Payroll Tool
February 09, 2021

Innovative Payment Solutions Inc. (IPSI), a Southern California FinTech focused on digital payments, has done a beta launch of IPSI Payroll, its cloud-based platform that will help companies streamline ACH payroll processing systems, according to a press release. Get the Full Story Complete the form...

IPO
SPAC Goes The Quarterback: Kaepernick Files To Create Socially Conscious SPAC
February 09, 2021

Colin Kaepernick is leading a new special purpose acquisition company (SPAC) focused on social justice, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Bitcoin
Bitcoin Daily: Central Banks Should Ban Bitcoin, Former British MP Says; Women Arrested After Trying...
February 09, 2021

Former British Parliament member Nick Boles called on central banks to ban bitcoin, in a tweet Tuesday (Feb. 9). 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...

Investments
Monzo Looks To Top Off Series G With $69 Million Down Round
February 09, 2021

London FinTech Monzo is looking to top up its Series G funding round by £50 million ($69 million) on a lower valuation, UK Tech News reported on Tuesday (Feb. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
Japan’s Aso Says G7 Should Talk Digital Currencies
February 09, 2021

Japanese Finance Minister Taro Aso has expressed an interest in discussing central bank digital currencies (CBDC) at a virtual Group of Seven (G7) meeting set for Friday (Feb. 12), a report from the Mainichi says. Get the Full Story Complete the form to unlock this...

B2B Payments
Trovata Rolls Out Enterprise Treasury Cloud For Multibank Data
February 09, 2021

Cash management automation firm Trovata has rolled out Enterprise Treasury Cloud, a managed data lake with a formidable developer portal for bank balances and transactions, according to a Tuesday (Feb. 9) announcement. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Multilingual Neobank Fair Raises $20 Million To Address Racial Wealth Gap
February 09, 2021

The multilingual neobank startup Fair raised $20 million in less than 40 days and is preparing to launch to the general public in April, with early bird memberships available in March, the company said in a press release on Tuesday (Feb. 9). The backers were...

B2B Payments
Kofax Integrates With Coupa To Automate Invoice Processing
February 09, 2021

To help large companies become more efficient as they digitally transform their expense management workflows, intelligent automation software provider Kofax has integrated with Coupa Software, according to a Tuesday (Feb. 9) announcement. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Today In Retail: eCommerce Tech Firm Fabric Notches $43 Million; Sephora Elevates BIPOC-Owned Brands Via...
February 09, 2021

In today’s top retail news, Fabric has raised $43 million in a Series A funding round led by Norwest Venture Partners, while Sephora has relaunched its incubator program. Plus, Hasbro said its gaming and entertainment units powered sales last quarter. Get the Full Story Complete...