News

Investments
Growing HungryPanda Notches $70 Million In Funding
November 30, 2020

After eating up $20 million in venture funding earlier this year, HungryPanda loaded up with an additional $70 million, with Arma Partners acting as the exclusive financial advisor for the deal, according to a press release. Get the Full Story Complete the form to unlock...

Payments Innovation
Buy Now Pay Later Comes To Professional Services
November 30, 2020

Good solid professional advice is a valuable commodity that every business needs at some point — so valuable, in fact, that it’s often quite expensive. But trying to save some money by getting good advice on the cheap is an exercise in futility, QuickFee CEO Bruce...

Retail
Adobe: Cyber Monday Sales Headed Toward Record $13 Billion
November 30, 2020

Record-breaking sales — $10.8-12.7 billion — are anticipated for Cyber Monday (Nov. 30), a 15 to 35 percent hike from last year, a CNBC report indicated, citing Adobe Analytics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Payments Innovation
Readying For Real-Time, All The Time
November 30, 2020

When people began experiencing the joy of instant peer-to-peer (P2P) payments a few short years ago, the genie was out of the bottle. There was no going back. Now, the major real-time payments (RTP) players are ready to push the button on real-time, all the...

B2B Payments
Australia, New Zealand Take A Hard BEC Scam Hit
November 30, 2020

While the business email compromise (BEC) scam is a global pain point for businesses, this week’s B2B Data Digest looks at the latest figures in B2B payments fraud and finds BEC heating up in one particular region: Australia and New Zealand. Get the Full Story...

B2B Payments
Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security
November 30, 2020

Virtual cards continue to gain traction in commercial payments, and it’s no surprise. As corporate card products grow more popular, virtual cards provide enhanced security and greater control, without compromising the familiarity of making a credit card payment. The technology has been particularly valuable for...

IPO
Airbnb, DoorDash Seek Higher IPO Valuations
November 30, 2020

Airbnb and DoorDash are expected to release higher-than-expected valuation ranges for their upcoming initial public offerings (IPOs), which shows strength for the market, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
Non-Banks In Singapore To Get Access To Real-Time Payment Rails
November 30, 2020

Non-bank lenders in Singapore will soon be granted access to the country’s digital payments platforms PayNow and FAST, according to a statement from the Monetary Authority of Singapore (MAS), the country’s central bank, on Monday (Nov. 30). Get the Full Story Complete the form to...

Retail
Former Saks CEO Sadove Says Physical Retail Will Transform To Survive
November 30, 2020

The 2020 holiday shopping season will be an unusual one in many respects. That’s a reality observable on Black Friday, where in-store sales were nearly literally cut in half — down 52.1 percent, according to preliminary data from Sensormatic Solutions. However, online sales bounced up...