News

IPO
Report: Soho House Looks To Go Public In New York
February 25, 2021

To benefit from investor interest in travel and leisure equities as COVID-19 dissipates, Soho House is forming plans to list in New York by as soon as March, the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy...

News
Today In Payments: Stripe, Afterpay Team To Expand BNPL; ADP Debuts AI Payroll App For...
February 25, 2021

In today’s top news, Stripe and Afterpay are teaming up to bring BNPL to Stripe’s merchants, and ADP launched its AI-driven payroll app for SMBs. Plus, BigCommerce has teamed up with Walmart to help its retailers sell on Walmart Marketplace. Get the Full Story Complete...

Retail
Domino’s Casts Doubt On The Future Of Aggregators
February 25, 2021

On Thursday (Feb. 25), Domino’s Pizza, Inc. reported 12 percent global retail sales growth in 2020’s fourth quarter (down from 14.8 percent growth the previous quarter), with sales growth stronger in the U.S. than in the international market. Revenues were up 17.9 percent year over...

B2B Payments
Today In B2B: Western Union Boosts Business FX; Barclays Launches SMB Banking Package
February 25, 2021

Today in B2B payments, Western Union Business Solutions integrates SWIFT gpi, and Barclays launches a small business banking package. Plus, Mastercard teams with Deutsche Bank on business payments, Proxtera collaborates on escrow for B2B trade and Ageras secures funding to ramp up its B2B FinTech...

Retail
Target To Add 17 Dedicated In-Store Apple Shops
February 25, 2021

Target is expanding its 15-year partnership with Apple to open 17 in-store shops that will be dedicated solely to its products, and will double the amount of space now being used. Target is also launching a digital destination for Apple merchandise. Get the Full Story...

Retail
Today In Retail: Belk Finishes Financial Restructuring; Klarna Reports $53 Billion In GMV For 2020
February 25, 2021

In today’s top retail news, Belk has finished its financial restructuring, while Klarna reported $53 billion in gross merchandise volume (GMV) for 2020. Plus, Afterpay is teaming with Stripe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Digital Banking
Today In Digital-First Banking: Step Lands $50 Million Investment; EWS, TCH Enable Zelle Payments Via...
February 25, 2021

In today’s top news in digital-first banking, Step has notched $50 million in a Series B funding round, while Early Warning Services and The Clearing House (TCH) announced that Zelle transactions can now be cleared as well as settled through the RTP network. Plus, Affirm...

International
Ex-Google Chief Eric Schmidt Warns Of China’s Tech Advances
February 25, 2021

Google’s former CEO told Congress there is an urgent need to increase the pace of technology innovation to keep up with China. The threat of China’s swift advancements in technology is “very, very real,” said Eric Schmidt, The Washington Post reported Wednesday (Feb. 24). Get the...

Regulation
Social Media Will Soon Face Tough New Regulations In India
February 25, 2021

The Indian government is instituting new regulations that will increase the oversight of social media platforms, streaming services and news outlets, the Financial Times (FT) reported on Thursday (Feb. 25). The new mandates follow a riff between Twitter and the Indian government over the social media...