News

Partnerships / Acquisitions
Galileo, Plaid Integrate To Streamline ACH Transfers
July 30, 2020

Galileo announced a partnership with Plaid Thursday (July 30) designed to streamline the bank authentication process for customers. 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...

Payments Innovation
PayPal Teams Up With CVS To Offer Touch-Free Payments
July 30, 2020

Touch-free payments are coming to CVS stores across the U.S. thanks to a new partnership between PayPal and payments technology company InComm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
AUTO1 Group Raises $300M To Ramp Up Retail Platform
July 30, 2020

Berlin-based AUTO1 Group said on Thursday (July 30) it has raised $300 million from investors and plans to put the new funding toward developing its retail brand Autohero, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Retail Industry Groups Support New Stimulus
July 30, 2020

Retail industry trade leadership likes what it sees from Washington so far. As the new stimulus package starts its journey from initial proposal to tense negotiations, both the National Retail Federation (NRF) and Retail Industry Leaders Association (RILA) have expressed support for several aspect of...

Retail
Dunkin Earnings Go Light On Digital Acceleration
July 30, 2020

The digital shift is coming late to Dunkin’ Brands. The company’s Q2 earnings, announced Thursday morning (July 30), showed an expected drop in store revenue due to the pandemic, but afforded minimal details on the chain’s stated goal of digital acceleration. Get the Full Story...

B2B Payments
How Forecasting Tools Can Pull SMBs Through The Economic Storm
July 30, 2020

With more payments and back-office workflows being digitized, companies have more data than ever before with which to work. 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
Augmenting Payment Rails To Drive Value For Business Users
July 30, 2020

As businesses large and small expand their payments technology adoption, financial service providers are seeking to augment an array of existing and new payment rails to drive corporate use. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Money Transfer Startup Remitly Nets $85M On $1.5B Valuation
July 30, 2020

Remitly, which works to provide remittances and financial services for immigrants, announced an $85 million funding round amid a worldwide surge in demand for those kinds of services, a press release says. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
Betterment Debuts Cash Goals Feature To Help Users Save
July 30, 2020

To assist its banking users in putting aside funds for set aims, Betterment is rolling out a new Betterment Cash Goals feature. Users can see all of their funds in a single location and save with intention by making distinct buckets for financial goals over...