News

Regulation
SEC Plan Would Let Gig Workers Get Up To 15 Pct In Compensation Via Stock
November 24, 2020

Food delivery workers, among others who work in the gig economy, would be able to get as much as 15 percent of their compensation in stock with a proposal made public by the U.S. Securities and Exchange Commission (SEC) Tuesday (Nov. 24), Bloomberg reported. Get...

Retail
International Retailers See Sales Drop In Destination Locales
November 24, 2020

The pandemic-induced lull in global tourism is taking its toll on several large retail chains, including Abercrombie & Fitch and Tiffany & Co., which are struggling to make up for a lack of foot traffic. Get the Full Story Complete the form to unlock this...

B2B Payments
Monit Introduces New Ways For Banks To Help SMBs
November 24, 2020

Predictive finance platform Monit has rolled out new features to help banks connect better with small business customers, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Zact Rolls Out Linked Payments, Expense Management System
November 24, 2020

California-based FinTech Zact rolled out its linked payments and expenditure management system, according to a Tuesday (Nov. 24) announcement. 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
Adobe Introduces B2B Capability For Customer Data Platform
November 24, 2020

Adobe is extending the parameters for its Real-time Customer Data Platform (CDP) offering to include B2B data and workflows, the company announced in a Tuesday (Nov. 24) blog post, improving on last year’s version that only worked with brands. Get the Full Story Complete the form...

Investments
Insurance Firm Hippo Gets $350M Investment From Mitsui Sumitomo
November 24, 2020

InsurTech group Hippo Enterprises has announced a capital investment of $350 million from Mitsui Sumitomo Insurance Company, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Indian Digital Payments Platform Cashfree Lands $35M From Apis Partners  
November 24, 2020

Indian digital payments platform Cashfree has just landed tens of millions in new capital to help fuel its expansion, the Bengaluru-based company announced on Tuesday (Nov. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
D2C: It’s Beginning To Look A Lot Like … Retail
November 24, 2020

As COVID-19 drives a surge in digital traffic and online consumption, merchants and manufacturers alike are racing to upgrade and adjust their platforms to capture as much of the consumer shift as possible this holiday shopping season. Get the Full Story Complete the form to...

News
Today In Payments: POS Startup Valued At $8B; PayPal’s Schulman Says Consumers Moving To Crypto...
November 24, 2020

In today’s top news, point-of-sale tech startup Toast is valued at $8 billion after a share purchase, and PayPal’s CEO says it’s only a matter of time before central banks launch digital currencies. Plus, Western Union expands its real-time digital payment service to 100 countries....