News

Retail
Square: Albuquerque Sees Biggest Increase In Online Sellers
June 30, 2020

As omnichannel retail becomes pivotal for success in the long haul, merchants in cities big and small are harnessing eCommerce. Square has seen merchants transition to the web in weeks — or even days in some instances, the company said in its Rise of eCommerce report....

Investments
Singapore’s Temasek Holdings To Invest $100M In Zomato
June 30, 2020

The Singapore government’s Temasek Holdings Ltd. is in talks to invest up to $100 million in Zomato, the Indian food delivery service firm, the India Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Facebook Co-Founder On Hunt For Startups With $820M Fund
June 30, 2020

Billionaire Facebook co-founder Eduardo Saverin’s budding venture capital firm has raised a new $820 million fund for investments in startups, a move that comes at a time when many entrepreneurs are struggling amid a sharp decline in financing deals. Get the Full Story Complete the...

Security & Fraud
Wirecard Reopens UK Banking As Regulators Remove Restrictions
June 30, 2020

Wirecard AG got the green light Tuesday (June 30) to resume its banking operations in the United Kingdom (UK), as financial regulators lifted restrictions that had been placed on the troubled German payments company four days ago. Get the Full Story Complete the form to...

Retail
‘Composable Commerce’ Enables Shift To Digital 3.0
June 30, 2020

The shift to “Digital 3.0” is bringing a new technology into focus. Get ready for composable commerce. 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...

Retail
Facebook Responds To Advertiser Boycott
June 30, 2020

The Facebook ad boycott – which first found traction with retailers – gained momentum on Monday (June 29), as more brands joined the list of companies that have hit “pause” on the social media platform. Get the Full Story Complete the form to unlock this...

Retail
Chipotle Mexican Grill Unveils Virtual Farmers’ Market Featuring Suppliers
June 30, 2020

To let agricultural suppliers in its supply chain roll out bolstered versions of their online shopping websites, Chipotle Mexican Grill unveiled the Shopify-powered Chipotle Virtual Farmers’ Market. The quick-service restaurant (QSR) chain’s suppliers will have the ability to provide dairy, meat and grain items —...

B2B Payments
Why Payroll Deserves A Seat At The Payments Innovation Table
June 30, 2020

Historically, payroll’s participation in a corporate FinTech innovation boom has largely been about ensuring employees are paid accurately and on time as businesses acknowledge the need to nix paper and manual data entry. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Payment Rail Innovators Focus On B2B Payments Data
June 30, 2020

Whether building solutions on existing rails like ACH, or developing new infrastructure to bypass legacy tools, payment rail innovators are placing a new emphasis on data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...