News

B2B Payments
TradeSquare Introduces Marketplace For Australian Firms With Mirakl
December 29, 2020

TradeSquare recently rolled out the inaugural business-to-business (B2B) wholesale marketplace for Australian small and medium-sized businesses (SMBs) through the Mirakl Marketplace Platform. The company prepared and rolled out its wholesale trading platform in under four months through the help of Mirakl’s offering, according to an...

News
Today In Payments: Coinbase Suspends XRP Trading; Amazon Delivered Record-Breaking 1.5 Billion Holiday Packages
December 29, 2020

In today’s top news, Coinbase has suspended XRP trading in the wake of the SEC’s lawsuit against Ripple, and Amazon delivered over 1.5 billion packages this holiday season. Plus, J.P. Morgan acquired the rewards division of cxLoyalty Group Holdings. Get the Full Story Complete the...

Partnerships / Acquisitions
Tax Compliance Software Firm Avalara Acquires INPOSIA
December 29, 2020

Avalara, a tax compliance software firm with a focus on the business sector, said on Tuesday (Dec. 29) that it has struck a deal to buy INPOSIA Solutions GmbH. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Lendio Reintroduces Digital PPP Loan Application For SMBs
December 29, 2020

To speed up the approval process for small firms when the Paycheck Protection Program (PPP) opens once more, Lendio said it has rolled out its digital application again for small business owners to access funds dedicated for further loans via the program, according to a...

Partnerships / Acquisitions
HealthEdge Closes Acquisition Deal With Altruista Health
December 29, 2020

Medical care management platform HealthEdge Software is acquiring the cloud-based healthcare solutions firm Altruista Health for an undisclosed amount.  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...

B2B Payments
Today In B2B: Zomato Collabs On Restaurant Financing; Clothing Suppliers Face Mounting Challenges
December 29, 2020

Today in B2B payments, Zomato partners for restaurant financing, while Bangladesh clothing suppliers struggle through canceled orders and late payments. Plus, Wolters Kluwer bolsters its PPP software, Sage collaborates on retail financial solutions, and the Central Bank of Russia has a warning for SWIFT. Get...

Retail
Today In Retail: VF Closes On Supreme Acquisition, Returnly Reports Jump In Returns On Dec....
December 29, 2020

In today’s top retail news, VF Corporation has closed on its acquisition of international streetwear brand Supreme, while Returnly reported a dramatic rise in returns on Dec. 26 compared to an average return day in the United States. Plus, Amazon is reporting a record-breaking holiday...

Acquiring
THG Expands D2C Empire With Buys Of Dermstore.Com, Claremont, Berryman’s
December 29, 2020

U.K.-based THG Holdings, which owns direct-to-consumer (D2C) brands such as Glossybox and Perricone MD, said it has agreed to acquire professional skincare e-tailer Dermstore.com from U.S. retailer Target Corp. for $350 million in cash. THG said the buy will enable it to increase the scale...

eCommerce
Amazon Advertising Division Soars As Merchants Spend For Visibility
December 29, 2020

Amazon’s advertising division is pulling in big bucks as its marketplace merchants jockey for position amid the pandemic-fueled eCommerce boom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....