News

Investments
VC Firm Greycroft Raises $680M In Search Of Next Venmo, Subscription Startups
October 06, 2020

Venture capital firm Greycroft, based in New York and Los Angeles, has raised $680 million to fund new startups, according to Bloomberg, looking for “the next Bumble or Venmo.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Partnerships / Acquisitions
UK-Based Prism Makes Takeover Bid For Finablr
October 06, 2020

Scandal-bogged Finablr has agreed to a takeover offer from Middle East-based Prism Advance Solutions, according to a report from the Financial Times (FT). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Gilded Debuts Recurring Crypto Payments For Invoices
October 06, 2020

Blockchain payment company Gilded has launched a new feature so users can set up recurring, automated invoice payments with cryptocurrency, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
DBS, Standard Chartered To Launch Trade Finance Registry
October 06, 2020

DBS Group and Standard Chartered are launching a digital trade finance registry along with 12 other Singapore banks, Reuters reports, with the idea being to help reduce the risk of fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Digital Payment Firm SafetyPay Teams With LatAm’s Rappi
October 06, 2020

Alternative digital payment platform SafetyPay has joined forces with Latin American eCommerce firm Rappi for cash solutions and immediate reconciliation, according to a Tuesday (Oct. 6) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Bank Of America Launches Business Treasury APIs
October 06, 2020

Bank of America is rolling out three new application programming interfaces (APIs) as it supports the growing demand for up-to-the-moment data and processing in business treasury. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Faster Payments
Alacriti, The Clearing House Team To Push Real-Time Payments Adoption
October 06, 2020

A 17-year-old FinTech is teaming up with The Clearing House, one of oldest players in the U.S. financial industry that was founded before the Civil War, to drive adoption of real-time payments across the banking industry. Get the Full Story Complete the form to unlock...

Delivery
Mercari Links With Postmates To Offer Mercari Now Delivery Service In Parts Of New York...
October 06, 2020

Residents of Manhattan and Brooklyn can now use Mercari’s new Mercari Now service in conjunction with Postmates to sell each other goods without having to physically connect, the company announced in a press release Tuesday (Oct. 6). Get the Full Story Complete the form to...

News
Today In Payments: Teen Spending Plummets To 20-Year Low; House Could Break Up Big Tech
October 06, 2020

In today’s top news, teen spending dropped dramatically amid the pandemic, and the House is considering breaking up Big Tech. Plus, Bank of America launched a digital financial planning program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...