News

B2B Payments
Why Small Coffee Shops Are Thinking Big About Digital
September 18, 2020

Independent coffee shops weren’t totally tuned out when it came to digitization in the pre-COVID-19 world, but it wasn’t an area of focus for them, according to Tim Griffin, founder of small business payments platform Cloosiv and chief product officer of its new parent company,...

Retail
British Retail Sales Volumes Climb 0.8 Pct In August
September 18, 2020

Retail sales volumes in Great Britain rose by 0.8 percent in August in contrast to July, marking the fourth straight month of expansion, according an Office for National Statistics news release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Payment Rail Innovators Dive Into Real-Time
September 18, 2020

It may have taken some time, but faster and real-time payments demand continues to grow in the corporate and B2B payments context. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Subscription Business Models Lead B2B VC Funding
September 18, 2020

Venture capital appears to be picking back up in the B2B technology startup community. This week saw an impressive $324 million in combined funding for a range of B2B FinTechs and other solution providers, including alternative lenders looking to support small businesses as they manage...

Partnerships / Acquisitions
Walmart, Oracle Stake Could Push TikTok Into Majority US Ownership
September 18, 2020

Backers of a new group vying to buy the U.S. operations for TikTok want to craft an agreement giving U.S. interests a majority stake in an attempt to appease the Trump administration’s fears of foreign surveillance, The Wall State Journal (WSJ) says. Get the Full...

Cross-border Payments
dLocal CEO: Helping Global Merchants Tap Emerging-Market Opportunities
September 18, 2020

Launching into an emerging market can be a risky move for any global business.  While spend in developing markets isn’t typically as high as, say, in the U.S., consumers in these geographies are quickly opening up lucrative possibilities for global merchants thanks to the availability...

Partnerships / Acquisitions
MetLife To Gain 35M Members With Versant Health Acquisition
September 17, 2020

MetLife has agreed to acquire Versant Health, which owns popular brands Davis Vision and Superior Vision, in a $1.675 billion transaction from its owners, an investor group led by Centerbridge Partners, according to a press release. Get the Full Story Complete the form to unlock...

Payment Methods
Jacksonville Jaguar Fans Can Now Pay Via QR Codes
September 17, 2020

The Jacksonville Jaguars are now allowing QR-based mobile payments at retailers and concessions at the TIAA Bank Field Stadium through a mobile Jags Pay wallet in the official team app, according to a report from NFCW. Get the Full Story Complete the form to unlock...

Security & Fraud
Ex-NS8 CEO Charged With Defrauding Investors With Falsified Revenue
September 17, 2020

The U.S. Securities and Exchange Commission (SEC) filed an “emergency action” against former NS8 Inc. Chief Executive Officer Adam Rogas, pursuing an asset freeze and charging him with “defrauding investors” by allegedly untruthfully claiming millions in sales, according to a Thursday (Sept. 17) statement. Get...