News

B2B Payments
Triterras Teams With WU Business Solutions On X-Border Payments
March 09, 2021

To offer international payment services between traders and lenders on its Kratos system, Triterras Inc. has collaborated with Western Union Business Solutions, according to a Tuesday (March 9) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
South Korean eCommerce Site Coupang Aims For $58 Billion Valuation
March 09, 2021

Korean eCommerce platform Coupang is looking to up its initial public offering (IPO) price, hoping to hit a valuation of $58 billion, Reuters reported on Tuesday (March 9).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
HighRadius, Sage Collaborate On AR Automation
March 09, 2021

HighRadius, which helps companies automate their accounts receivable (AR) and treasury workflows, has teamed with Sage Intacct to provide start-to-finish AR automation, according to a Tuesday (March 9) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Wow Wow’s Feel-Good Ethos Drives Expansion In Dark Times
March 09, 2021

Consumers’ dining habits have shifted enormously in the last year — not only logistically, due to contagion concerns, but also food-wise, due to their changing appetites. Given the emotional stress of the year, consumers have been looking for foods that make them feel good, whatever...

Faster Payments
Brex Instant Payouts Now Live For Shopify Sellers
March 09, 2021

Financial services firm Brex has expanded its instant payouts feature to sellers on Shopify, according to an announcement emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Delivery
Deliveroo Looks To Expand In The UK Amid Global Competitors
March 09, 2021

As London-based meal delivery service Deliveroo gears up to go public, its revenues are plummeting. Even as the United Kingdom’s lockdowns have incentivized many consumers to order food delivery more often, with Deliveroo CEO Will Shu estimating the pandemic “accelerated consumer adoption of these delivery services by...

Social Commerce
Facebook Tests Instagram Reels Integration In India
March 09, 2021

As part of a new test, Instagram will now give creators in India the chance to share short videos on Facebook. According to Bloomberg, this trial will allow a small number of users in India to share Instagram Reels — brief clips using augmented reality...

Retail
Today In Retail: CarParts.com Registers 90 Pct Rise In Sales; Target To Debut ‘Favorite Day’...
March 09, 2021

In today’s top retail news, CarParts.com, Inc. reported a surge in sales in the fourth quarter of 2020, while Target is debuting a new food and beverage brand focused on indulging and snacking. Plus, Stitch Fix said it swung to a $21 million loss last...

Acquiring
European Commission Greenlights Nexi’s Acquisition Of Nets
March 09, 2021

The European Commission (EC) has granted an unconditional authorization for the $9.28 billion ( €7.8 billion) acquisition of Denmark’s Nets by Italy’s Nexi, according to an EC press release on Tuesday (March 9). Get the Full Story Complete the form to unlock this article and enjoy...