News

B2B Payments
Zenefits Launches Healthcare Benefits Shopping Experience For SMBs
December 16, 2020

Human capital management firm Zenefits unveiled the rollout of a healthcare benefits shopping experience that enables small companies to shop, contrast, choose and administer health, vision and dental plans from a single location, according to a Wednesday (Dec. 16) announcement. Get the Full Story Complete...

IPO
eCommerce Site Wish Drops 16.4 Pct On First Day Of Trading
December 16, 2020

ContextLogic, which is the parent company for eCommerce giant Wish, saw shares fall 16.4 percent Wednesday (Dec. 16) for the company’s market debut, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Veem Grows Multi-Rail B2B Payment Capabilities
December 16, 2020

Digital payment solution provider Veem unveiled central improvements to its routing technology inside of the country and abroad, according to a Wednesday (Dec. 16) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Mastercard, EnKash Team To Expand Commercial Card Use In India
December 16, 2020

EnKash, a digital platform and payment solution provider, has entered into an alliance with Mastercard to expand the usage and acceptance of commercial cards in India and provide a B2B digital payment automation platform, according to a press release. Get the Full Story Complete the...

B2B Payments
CloudTrucks Gets Funding; Launches Payment Card With Visa
December 16, 2020

The company that bills itself as a “business in a box” for truckers has closed a Series A funding round of $20.5 million. CloudTrucks made the announcement on Wednesday (Dec. 16), at the same time that it launched a first-of-its-kind payments product, CT Cash, to help...

International
Today In Payments Around The World: IBM Buys Canadian Firm Expertus Technologies; GoJek Unveils GoBiz...
December 16, 2020

In today’s top payments news around the world, IBM has bought Canada-based Expertus Technologies, while Gojek is rolling out its new GoBiz Plus point-of-sale (POS) offering. Plus, Bridgetown Holdings is reportedly thinking about a deal with Tokopedia. Get the Full Story Complete the form to...

Retail
Today In Retail: Benetton Group Collaborates With EDITED; CarLotz Reports 12 Pct Jump In Net...
December 16, 2020

In today’s top retail news, Benetton Group is teaming once more with EDITED, while CarLotz Inc. reported that revenues rose 12 percent for the third quarter of 2020. Plus, Amazon is making its next big fashion move through a personalization play with Made For You....

IPO
Tencent-Backed WeDoctor Still Planning Huge IPO By February
December 16, 2020

Chinese healthcare technology group WeDoctor is still planning a massive IPO in Hong Kong in the coming months, despite the recent departure of its CFO, John Cai. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
Gaming Platform DraftKings Partners With InComm Payments For Retail Gift Cards
December 16, 2020

Digital sports entertainment and gaming industry platform DraftKings — known for its top-rated daily fantasy sports and mobile sports betting apps — today announced an agreement with InComm Payments, a global leading payments technology company, to launch an industry-first retail gift card.  Get the Full...