Subscription commerce platform AppDirect announced a new funding round of $185 million, which it will use to fund new expansions, hiring and strategic acquisitions, according to a Wednesday (Sept. 16) press release. Get the Full Story Complete the form to unlock this article and enjoy...
To enable quicker and less expensive transactions for small and medium-sized businesses (SMBs) and peer-to-peer (P2P) users, VSoft has rolled out its new Bread merchant services network. The platform lets retailers take real-time payments from clients without a transfer or waiting period, according to a...
Shares of Snowflake Inc. more than doubled on their first day of trading Wednesday (Sept. 16) as banks and investors embrace cloud-based payment solutions amid COVID-19. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
India’s Flipkart Group, the eCommerce firm owned largely by Walmart Inc., is preparing an initial public offering (IPO) as early as next year, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
U.K. retail chain New Look made headlines this week for striking a deal to effectively receive a three-year rent holiday on 68 of its stores and massive rent reductions on more than 400 others. The deal allows the struggling apparel seller to potentially stay alive and keep roughly...
In today’s top news, Chinese authorities have made several arrests alleging cybercriminals laundered $2 billion through faux eCommerce purchases, and Square announced the launch of two real-time payment features. Plus, Facebook could face a Federal Trade Commission (FTC) antitrust suit. Get the Full Story Complete...
Telefónica is teaming up with a pioneering Japanese eCommerce company in a bid to speed up the rollout of 5G. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Indoor, at-home training is apparently an in thing right now during the age of social distancing and coronavirus restrictions. 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...
In today’s top news in payments around the world, WorldRemit has launched a WorldRemit Transfer Tracker mobile app, and SBM Bank India has introduced a premium debit card for high-net-worth clients with Mastercard. Plus, Standard Chartered and Amazon.ae are launching a new installment payment method...