News

Payments Innovation
Tops Friendly Markets Now Sells Gift Cards Online With Blackhawk Network
March 03, 2021

Tops Friendly Markets now sells its company-branded tangible and digital gift cards through its website. The supermarket company’s online gift card program, which is fueled by international branded payments provider Blackhawk Network, lets customers buy gift cards individually or en masse for physical or electronic...

B2B Payments
QuickBooks Collaborates With Modulr On SMB Payments Account
March 03, 2021

Intuit QuickBooks has struck a deal with financial technology firm Modulr, which will fuel a new online payment account created especially for small companies called the QuickBooks Business Account. The tie-up will let QuickBooks connect a business account with a collection of bookkeeping, accounting and tax...

Retail
Flipkart Plans Grocery Delivery Expansion To Over 70 Cities
March 03, 2021

Grocery delivery via Flipkart is now available in over 50 cities across India, and the company plans to continue expanding the service to more than 70 cities over the next six months, according to a press release published on Tuesday (Mar. 2). Get the Full...

B2B Payments
Today In B2B: Conferma Pay Deepens SAP Concur Partnership; Codat Lands Amex, PayPal Backing
March 03, 2021

Today in B2B payments, Conferma Pay strengthens its relationship with SAP Concur, and Codat secures backing from American Express and PayPal. Plus, Freshbooks collaborates on small business open banking technology, Hazeltree pairs up for corporate treasury tools and PNC joins CHIPS. Get the Full Story...

Regulation
FinTech Heads Warn UK Mandates Could Throttle New Firms
March 03, 2021

New U.K. FinTech mandates following the Wirecard debacle could make it more difficult for startup firms to launch, according to a Financial Times report citing industry executives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Will Grocers Retain Their Share Of Food Spending Post-Pandemic?
March 03, 2021

For a long time, it seemed that restaurants’ growing share of the market could not be stopped, with younger consumers even more likely than their older counterparts to dine out. For decades, restaurant spending grew and grew, even surpassing grocery in 2017. Now, in response...

News
Today In Payments: Oscar Health IPO Raises $1.4 Billion On $7.9 Billion Valuation; PayPal Eyes...
March 03, 2021

In today’s top news, Oscar Health raised $1.4 billion in its IPO, valuing it at $7.9 billion, and PayPal is in talks to acquire digital currency startup Curv. Plus, Instacart raised $265 million to double its valuation to $39 billion. Get the Full Story Complete...

Investments
Volocopter Raises $240 Million, Nears Launch Of Urban Air Taxi
March 03, 2021

German urban air mobility (UAM) startup Volocopter has raised €200 million, or $240 million, to help certify and launch its battery-powered city air taxi, VoloCity. The company expects the air taxi to be open for commercial routes within the next two years. Get the Full...

Retail
Today In Retail: Ross Stores’ Traffic Hit By Pandemic; Vestiaire Collective Completes $215 Million Round
March 03, 2021

In today’s top retail news, Ross Stores, Inc. said its fourth-quarter sales exceeded forecasts but the pandemic proved to be a hurdle for traffic, while Vestiaire Collective completed a financing round. Plus, Nordstrom reported that it experienced a decline in fourth-quarter sales. Get the Full...