News

B2B Payments
Altana AI Lands $7 Million For Supply Chain Visibility
November 30, 2020

Supply chain intelligence company Altana AI landed a $7 million seed funding in an Amadeus Capital Partners-led round. Other entities that took part in the funding included AlleyCorp, Schematic Ventures and the Working Capital – The Supply Chain Investment Fund, according to an announcement. Get...

Regulation
Big Tech Compliance Tracker: Facebook Faces $6.06 Million Fine From South Korea; Big Tech Tax...
November 30, 2020

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from legislators and government agencies throughout the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Europe
Slow Economic Growth, Continuing COVID Outbreaks Could Impact EU’s Public, Private Sectors, IMF Says
November 30, 2020

The International Monetary Fund (IMF) said Monday (Nov. 30) in a statement that the second wave of the coronavirus is stifling an economic rebound in the eurozone and additional funding could be necessary. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Virgin Money, Redspire Team On Business Banking
November 30, 2020

Glasgow-based bank Virgin Money has partnered with Redspire, a local FinTech, to help boost its presence in the business account market, according to a report from Daily Business Group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Walmart, Target Take In-Store Spending Title For Black Friday
November 30, 2020

Although most consumers did their Black Friday shopping online this year, new research shows young shoppers were most likely to head into physical stores, suggesting their fear of COVID-19 was dwarfed by their desire to get out of the house and shop. Get the Full...

B2B Payments
Velo Labs Teams With Visa, Lightnet On MSME Lending In Asia
November 30, 2020

Velo Labs has unveiled a joint effort with Visa and Lightnet Group to build out payment offerings together in Asia, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
DoorDash Valuation Could Hit $28 Billion, As Firm Says It Only Has 3 Pct Of...
November 30, 2020

DoorDash is reportedly seeing its estimated valuation rise to some $28 billion as the food delivery platform moves ahead with its long-awaited initial public offering (IPO). The company noted in a recent filing that it’s currently capturing just a tiny piece of the total U.S....

News
Today In How We Eat: Troubled Times And New Innovations
November 30, 2020

With COVID-19 case counts on the rise and shutdowns going back into effect in an increasing number of states, the already rocky road restaurants had ahead of them looks to have gotten more treacherous. Which, in turn, has made more restaurateurs discover more novel approaches to...

International
Today In Payments Around The World: HungryPanda Lands $70M Million In Funding; Klarna To Provide...
November 30, 2020

In today’s top payments news around the world, United Kingdom-based food delivery platform HungryPanda has landed $70 million in funding, while Sweden-based Klarna is launching the live fashion show “Lifestyle” with the help of technology from Bambuser. Plus, the United Kingdom government is making a new...