News

IPO
Mortgage Lender LoanDepot Looks Toward $15B IPO
September 17, 2020

Five years after LoanDepot ditched plans to go public, the California-based lender, now worth as much as $15 billion, is giving the idea a second look. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
EVO Rolls Out Express Deposit B2B Push Payments With Visa Direct
September 17, 2020

To help merchants receive faster access to funds, EVO Payments Inc. has rolled out its Visa Direct-enabled EVO Express Deposit real-time push payments technology. The offering lets eligible U.S. retailers instantaneously get funds for card transactions with actual fund availability depending on receiving bank and geographic...

B2B Payments
NexaCollect Rolls Out Android App For Debt Collection Information
September 17, 2020

NexaCollect, which helps businesses locate collection agencies, has rolled out a mobile app for Android that is available on the Google Play store, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
ClearBank Introduces Multi-Currency Bank Accounts
September 17, 2020

Cloud-based clearing bank ClearBank has begun offering multi-currency bank accounts using an API, 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 — no additional logins required. yesSubscribe to...

B2B Payments
CFPB Faces Contention On Loan Data For Minority, Women-Owned Businesses
September 17, 2020

The Consumer Finance Protection Bureau (CFPB) has a new plan for how it looks at data from minority- and women-owned businesses, according to a report from Morning Consult. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Delivery
The eCommerce Digital Shift Is Spurring A Great Logistics Shift, Too
September 17, 2020

In the great digital shift, logistics firms are shifting, too. 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 to our daily newsletter, PYMNTS Today. By completing this...

eCommerce
European Mall Operator Citycon Works On BOPIS Service
September 17, 2020

To enable customers to shop from the complete selection of multiple mall offerings and retrieve their purchases from one place, European mall operator Citycon is creating a buy-online-pick-up-in-store (BOPIS) service. Citycon runs 40 shopping centers throughout Estonia and the Nordic nations, Bloomberg reported. Get the...

Payments Innovation
Pay.UK’s Answer Pay And Mastercard Execute Successful First Transaction
September 17, 2020

British payments firm Pay.UK’s Answer Pay service and new enrollee Mastercard have successfully completed their first post-testing transaction involving Answer Pay’s “Request to Pay” service, Answer Pay announced on Thursday (Sept. 17). Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Affirm Raises $500M, Adds Bi-Weekly Plan
September 17, 2020

Affirm, a San Francisco-based point-of-sale (POS), buy now, pay later (BNPL) lender, announced a $500 million series G round of funding Thursday (Sept. 17) in a press release, bringing its total funding raised to more than $1.3 billion. Get the Full Story Complete the form...