News

Payment Methods
MoneyGram Teams With Visa To Roll Out Real-Time P2P Payments In Vietnam
February 02, 2021

MoneyGram and Visa are collaborating to introduce a real-time peer-to-peer (P2P) payment solution to people in Vietnam.  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...

News
Today In Payments: Buy Now Pay Later Firms Face UK FCA Crackdown; SPACs Now Eye...
February 02, 2021

In today’s top news, the FCA will begin regulating BNPL firms in the U.K., and SPACs are moving in on the Asian market. Plus, Visa’s Authorize.Net will offer its platform free of monthly fees to SMBs that sign up on Super Bowl Sunday. Get the...

International
EU Supply Chain Bottleneck Raises Prices, Hurts Retailers
February 02, 2021

Forget the last mile. In the European Union, every mile is contested lately. The continent’s supply chain, already under pressure and now cracking with the attempt to get the COVID-19 vaccine distributed, is becoming so disrupted it has pushed up the price of consumer goods....

Investments
Divvy Homes Raises $100 Million To Expand Into 20 Markets
February 02, 2021

Divvy Homes said it has raised $110 million in a Series C funding round so it can expand its home-buying service into additional markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Delivery
Uber Buys Drizly As Food Delivery Competition Heats Up 
February 02, 2021

Uber has announced the latest upgrade to its food delivery platform, Uber Eats. The firm announced on Tuesday (Feb. 2) that it will acquire alcohol delivery service Drizly for $1.1 billion in stock and cash. The deal is set to conclude later this year, at...

B2B Payments
Today In B2B: Virgin Money Links With Codat; TAP Financial Forms Trade Finance Unit
February 02, 2021

Today in B2B payments, Virgin Money taps Codat to boost business banking offerings, while TAP Financial launches a supply chain finance unit. Plus, Enigma collaborates on business financial data analytics, Vision33 strikes an accounting acquisition and U.S. watchdogs probe pandemic lending program. Get the Full...

Regulation
Germany Plans To Strengthen BaFin’s Leadership Team
February 02, 2021

Germany is looking to beef up the leadership of its Federal Financial Supervisory Authority (BaFin) and plans to hire top experts to oversee regulations, Bloomberg reported on Tuesday (Feb. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Today In Retail: CarLotz Opens Two New Hubs; Economy, Emotions Help Blockbuster Holiday Sales
February 02, 2021

In today’s top retail news, CarLotz unveiled the opening of centers near Orlando, Florida and Seattle Washington, while a National Retail Federation economist said a rebounding economy and consumer emotions helped blockbuster holiday sales. Plus, it was mostly smooth sailing for Alibaba as the firm...

Security & Fraud
Pandemic Surge In Cyberattacks Pounds Hospitals
February 02, 2021

The COVID-19 pandemic and the development of vaccines to combat the coronavirus have triggered an increase in cyberattacks on hospitals and healthcare agencies — and warnings about the dangers from the federal government. Get the Full Story Complete the form to unlock this article and...