News

News
Today In Payments Around The World: i2c Tapped To Power Digital-Native Financial App; Orange Bank...
January 06, 2021

In today’s top payments news around the world, i2c has been selected to power Pakistan’s inaugural digital-native financial super app, while Orange Bank has purchased neobank Anytime. Plus, Neat recently said it has become a member of the Visa network and will issue its own...

Regulation
Labor Department Clarifies Independent Contractor Standard
January 06, 2021

The Department of Labor has defined the question of whether a worker is an independent contractor or an employee by saying it depends on the nature of the work and the worker’s opportunity for profit and loss, according to a Wednesday (Jan. 6) press release...

Digital Banking
Green Dot Introduces GO2bank To Help Cash-Strapped Consumers
January 06, 2021

California FinTech Green Dot is rolling out the mobile bank GO2bank to assist people who are living paycheck to paycheck.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Supply Chain Finance Firms Could See Spike In Defaults In Europe
January 06, 2021

As a leading European watchdog debuts more stringent standards, the financial institutions (FIs) that help support the continent’s supply chains are set to encounter a dramatic rise in soured debts, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Orange Bank Buys Neobank Anytime To Serve SMBs, Professionals
January 06, 2021

Orange Bank has purchased the neobank Anytime, which focuses on small companies, independent professionals and associations, through a deal whose terms were not made known, according to a Wednesday (Jan. 6) announcement. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Meal Delivery Startup Thistle Lands $10.3 Million From PowerPlant
January 06, 2021

Food startup Thistle, which delivers plant-based meals to customers’ homes, is planning a major expansion with a big helping hand from investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

News
Today In Payments: Albertsons Laying Off Union Drivers In DoorDash Pivot; PayPal Joins Divvy’s $165...
January 06, 2021

In today’s top news, Albertsons is laying off some of its unionized drivers as it teams with DoorDash, and FinTech Divvy raised $165 million. Plus, in a new SEC filing, Affirm revealed that it is looking to raised as much as $934.8 million, to value...

B2B Payments
Today In B2B: Neat Debuts Biz Card; PayPal Ventures Adds To Divvy Funding
January 06, 2021

Today in B2B, Neat launches its Visa business card solution in Hong Kong, while PayPal Ventures joins a major funding round for Divvy. Plus, Paycor raises $270 million, Unanet expands its ERP functionality and Opportunity Fund collaborates with credit unions on small business finance. Get...

Retail
Kroger, CVS, Walmart Ready For Their Role As COVID Vaccinators
January 06, 2021

In the closing weeks of 2020, we learned that the distribution of COVID-19 vaccines will involve a mass retail mobilization. As gifting holidays shifted into high gear after Thanksgiving, The Wall Street Journal reported that “the U.S. Department of Health and Human Services has signed...