News

Delivery
Walmart Partners With HomeValet On Smart Box Technology For Fresh Deliveries
January 12, 2021

Retail giant Walmart is teaming up with delivery solutions startup HomeValet to launch a test pilot that would bring fresh groceries to people’s homes even if they’re not there. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
B2B Payments Firm Modern Treasury Lands $38 Million
January 12, 2021

Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round,  according to a Tuesday (Jan. 12) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Lightspeed Rolls Out Vendor Network For SMBs
January 12, 2021

Montreal-based omnichannel commerce platform provider Lightspeed has unveiled the “initial availability” of the Lightspeed Supplier Network for merchants in North America. Merchants in the pet, jewelry, outdoor sport and bike sectors will be able to access the network at first, according to a Tuesday (Jan....

International
UK, EU Begin Negotiations Over Financial Services Regulation
January 12, 2021

The United Kingdom and European Union are set to begin talks on how to regulate the financial services sector now that Brexit has taken effect. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Checkout.com Closes $450 Million Series C For $15 Billion Valuation
January 12, 2021

London-based digital payments firm Checkout.com has tripled its valuation to $15 billion after closing a $450 million series C funding round led by New York technology investment firm Tiger Global Management. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

News
Today In Payments: Demand For Personal Computers Highest In 10 Years; Curve Notches $95 Million...
January 12, 2021

In today’s top news, personal computers recorded their largest sales numbers in 10 years in 2020, and the FinTech Curve raises $95 million. Plus, Walmart is creating a FinTech startup in tandem with Ribbit Capital. Get the Full Story Complete the form to unlock this...

B2B Payments
Today In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink
January 12, 2021

Today in B2B payments, some small businesses received less than $99 in Paycheck Protection Program (PPP) loans, and U.S. bank profits are expected to sink. Plus, Pilot Company collaborates on fleet factoring, Revolution Payments launches Level III commercial card processing and Porter Capital launches new...

Security & Fraud
Rakuten Mobile Employee Arrested, Accused Of Stealing SoftBank Secrets
January 12, 2021

An ex-employee of SoftBank, a major Japanese wireless carrier, was reportedly arrested on Tuesday (Jan. 12) on suspicion of stealing trade secrets before taking a job with Rakuten Mobile, a smaller rival. Get the Full Story Complete the form to unlock this article and enjoy...

Delivery
Verizon, UPS Team Up On Drone Delivery For Retail
January 12, 2021

Verizon, Verizon’s Skyward unit and UPS Flight Forward are teaming up to provide drone delivery for retail products using Verizon’s 4G LTE and 5G networks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...