News

B2B Payments
Today In B2B: Facebook Bolsters Supplier Financing; Bottomline Acquires TreasuryXpress
February 04, 2021

Today in B2B payments, Supplier Success releases details on its work with Facebook’s supplier financing initiative, and Bottomline Technologies strikes a treasury technology acquisition. Plus, Visa collaborates on corporate cards in Germany, Balance launches B2B eCommerce checking solution and Payoneer plans its public debut. Get...

News
Today In Payments Around The World: Klarna Registers Strong US Growth; Careem Debuts Commission-Free Model...
February 04, 2021

In today’s top payments news around the world, Swedish buy now, pay later (BNPL) upstart Klarna is experiencing record U.S. growth, while Careem is introducing a commission-free model to help restaurant partners. Plus, new strains of the coronavirus could put the recovery of the air...

Investments
Great Hill Invests In Mobile Workforce Platform BigChange
February 04, 2021

U.K.-based BigChange said private equity firm Great Hill Partners has invested over 75 million pounds (about $102.4 million) in the company so it can build out its mobile workforce platform, per a Thursday (Feb. 4) press release. Get the Full Story Complete the form to...

Retail
Yum! Brands Drives Digital Sales In Q4 With In-House Technology
February 04, 2021

Yum! Brands, Inc., the parent company of KFC, Taco Bell, Pizza Hut and other multinational restaurant chains, reported on Thursday (Feb. 4) that it saw record-high digital sales in 2020, totaling $17 billion for the year. This marked a 45 percent year-over-year increase, according to...

Investments
Meal Kit And Food Tech Firm Tovala Raises $30 Million To Fuel Growth
February 04, 2021

Meal service company Tovala has completed a $30 million funding round, the Chicago-based firm announced in a Thursday (Feb. 4) press release. Tovala is unique, the release said, in that it pairs meal kit subscriptions with a “countertop smart oven that scans, steams, bakes, and broils...

Retail
From GOAT Insurance To First Fumble, Online Super Bowl Betting Is Going Nuts
February 04, 2021

Although COVID restrictions will see casinos and sportsbook rooms a lot less crowded this year, legal online betting on the Super Bowl is soaring. According to the American Gaming Association, the addition of 36 million adults in seven new legal sport betting states — for...

Delivery
Dubai’s Careem Introduces Commission-Free Model For UAE Restaurants
February 04, 2021

Dubai’s food delivery and rideshare startup Careem is introducing a commission-free model to help its restaurant partners in the United Arab Emirates (UAE) region, CNBC reported on Thursday (Feb. 4).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

eCommerce
Walmart Buys Ad Tech Platform As Rivalry With Amazon Intensifies
February 04, 2021

Walmart is buying up the technology and assets behind Thunder, which uses automation to create digital ads. One key goal for the retailer is to bring in more advertising business from small to medium-size businesses (SMBs). The behemoth retailer’s latest move is part of its...

B2B Payments
IBM Shows Enterprise Blockchain’s Bumpy Path From Concept To Reality
February 04, 2021

In business, as in life,  things don’t always work out. 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 daily newsletter, PYMNTS Today. By completing this...