News

IPO
Airbnb Revives Plans To Go Public With Management Shakeup
July 16, 2020

It could be the right time for Airbnb to go public. As the San Francisco-based vacation rental online marketplace has seen bookings rebound after coronavirus disruption, it will revive plans to launch an initial public offering this year, the Financial Times (FT) reported. Get the...

Payment Methods
Privacy.com Readies For Virtual Card Issuing With VC Round
July 16, 2020

Privacy.com, the virtual card payments startup, has raised $10.2 million in a Series A round, according to reports. 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...

Investments
Uber Looks At $500M Investment In Freight Division, Report Says
July 16, 2020

Uber is said to be in talks with investors to take stake in its freight business and raise $500 million to boost it to a value of $4 billion, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Virtual-Card Adoption – Not An ‘All-Or-Nothing’ Strategy
July 16, 2020

As chief financial officers (CFOs) become more familiar with the opportunities of virtual card adoption, they’re also becoming more well-versed on their biggest challenges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Why Large Retailers Are Mandating Masks
July 16, 2020

Sometimes a mask is more than a mask. When Best Buy, Starbucks, Kroger and Walmart mandated that all customers wear masks to mitigate the spread of COVID-19 this week, they weren’t just being compliant as corporate entities. And while they made the move with their...

Payments Innovation
Can Mobile Solve A City’s Transit Payment Challenges?
July 16, 2020

High transaction success rates can indicate an efficient payments operation, but keeping them high is no easy feat. 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...

Retail
Kroger, Kohl’s Mandate Customers Wear Face Masks
July 15, 2020

Kroger and Kohl’s will require customers to wear masks in all locations across the country, the companies announced separately on Wednesday (July 15), hours after Walmart and Sam’s Club did the same. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Coconut Notches $3.15M For SMB Accounting Platform
July 15, 2020

Small- to medium-sized business (SMB) finance app Coconut has notched approximately 2.5 million pounds ($3.15 million) through a Crowdcube fundraising. The company had initially aimed to raise 700,000 pounds ($881,000) at a valuation of 12 million pounds ($15.1 million), Crowdfund Insider reported. Get the Full...

B2B Payments
SAP Users Asked To Apply New Patch To Avoid Security Breach
July 15, 2020

Users of SAP are being encouraged to apply a new patch to prevent against hacking due to a pre-existing flaw in the software, according to ARN. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...