News

B2B Payments
iBanFirst Debuts Payment Tracker For B2B Transactions Visibility
January 21, 2021

Global financial services provider iBanFirst has launched a Payment Tracker that will offer transparent, real-time tracking services, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Partnerships / Acquisitions
Revolut, Chubb Partner On Purchase Protection
January 21, 2021

Insurance provider Chubb has rolled out a new insurance partnership with digital banking services FinTech Revolut, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
Today In Payments Around The World: Mynt Looks For Additional Funding; WeTrade Transfer From OTC...
January 21, 2021

In today’s top payments news around the world, Mynt is reportedly seeking more funding following a $175 million round, while WeTrade Group is seeking to raise roughly $121 million in its transfer from the OTC board to Nasdaq. Plus, TransferWise is anticipated to file its...

B2B Payments
HashCash Consultants To Aid Unnamed US Bank With Blockchain Platform
January 21, 2021

HashCash Consultants, which works in blockchain, is working with an unnamed U.S.-based bank to help them finance their corporate trade owing to a sophisticated blockchain platform for B2B payments, a press release says. Get the Full Story Complete the form to unlock this article and...

Retail
Grocery Roundup: Vaccines Out, CPGs Up And Costco Expands Curbside Pickup
January 21, 2021

It was a particularly busy week in the grocery segment, as players big and small were pulling double duty — attempting to up the level of the multichannel game while also participating in the push to accelerate vaccine distribution to those who need it most....

Delivery
Instacart Reducing Instore Shoppers
January 21, 2021

Instacart is terminating about 1,900 jobs, including those held by workers in Illinois who voted last year to join the United Foods and Commercial Workers union (UFCW) according to Bloomberg and other media outlets. Get the Full Story Complete the form to unlock this article...

B2B Payments
Georges Lands $42.4 Million For SMB Accounting Software
January 21, 2021

European upstart Georges, which will be now known as Indy, is raising $42.4 million in new investment. Indy has been at work developing accounting software for small businesses and gig workers. Indy has reportedly been able to get 40,000 customers who pay a recurring charge...

Regulation
Biden To Name Dave Uejio Acting Head Of CFPB
January 21, 2021

After the director of the Consumer Financial Protection Bureau (CFPB) resigned to follow the wishes of the new administration, the White House said President Joe Biden would name Dave Uejio to temporarily lead the bureau, Reuters reported. Get the Full Story Complete the form to unlock this...

IPO
TransferWise Appoints Goldman Sachs, Morgan Stanley For London IPO
January 21, 2021

British payments group TransferWise will file its anticipated initial public offering (IPO) with joint coordinators Goldman Sachs and Morgan Stanley, two of the biggest U.S. banks, Sky News reported on Thursday (Jan. 21). Get the Full Story Complete the form to unlock this article and enjoy...