The Biden administration has reportedly put a hold on the Trump administration’s bid to force a sale of TikTok’s U.S. business. Trump pushed for the sale of the popular TikTok video-sharing app to a U.S. buyer over security concerns. Get the Full Story Complete the...
Banking-as-a-service (BaaS) startup Nymbus raised $53 million in a Series C funding round led by existing investor Insight Partners. 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...
Payments and shopping platform Klarna, known for its buy now, pay later (BNPL) option, is now offering consumer bank accounts in Germany as it moves closer to becoming an all-in-one app for its users. Get the Full Story Complete the form to unlock this article...
Headless commerce. It’s still a somewhat obscure concept for many retailers, but one San Francisco venture capital firm is betting that it — along with startup Fabric — is the future for simpler, cheaper, customizable eCommerce platforms that will challenge the big legacy players. Get...
The Beachbody Company Group, LLC said on Wednesday (Feb. 10) that it plans to go public by merging with special purpose acquisition company (SPAC) Forest Road Acquisition Corp. and connected fitness company Myx Fitness Holdings, LLC, according to an announcement. Get the Full Story Complete...
Say you just plunked down $5,000 for a brand new 60-inch 4K television set. What is the likelihood that you’re going to go home and mount that monstrosity to the wall yourself? Get the Full Story Complete the form to unlock this article and enjoy...
ALDI, the fast-growing discount grocery store chain, announced Wednesday (Feb. 10) that it will add 100 new stores this year and will also double its eCommerce offerings aimed at boosting customer convenience. Get the Full Story Complete the form to unlock this article and enjoy...
Tractor Supply Company will offer a single payment of $50 and give permission for time off as needed for every hourly team member who chooses to get a COVID-19 inoculation. The retailer has also teamed with a third-party provider to allow for on-site inoculation clinics...
Digital business-to-business (B2B) payments are overtaking paper processes one at a time, which isn’t fast enough in a real-time-obsessed business world. Companies need to get faster … faster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...