News

Investments
Stripe Backs Customer Service Logistics Startup Assembled
March 11, 2020

Assembled, a tech startup focused on improving processes for customer support teams, has raised $3.1 million in a funding round led by Stripe, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Cashfree Targets India’s Lenders With Disbursement API
March 11, 2020

Cashfree, one of India’s biggest business payments platforms, has announced that it has launched a new suite of payment products aimed at lending companies and non-banking financial companies (NBFCs), to facilitate easier loan disbursals across all platforms, according to a press release. Get the Full...

Retail
Airport Shop To Add Amazon’s Just Walk Out Tech At Newark, LaGuardia
March 11, 2020

A Newark Airport store will start using Amazon’s Just Walk Out cashierless technology on March 16, just days after the company announced it was licensing the platform to retailers, according to reports on Wednesday (March 11).  Get the Full Story Complete the form to unlock this...

News
Today In Payments: Coronavirus To Trigger $820B In Corporate Travel Losses; Uber To Sideline Riders,...
March 11, 2020

In today’s top news, the travel industry stands to lose $820 billion due to coronavirus fears, Uber may sideline riders and drivers who have the coronavirus or have been exposed to it, and lawmakers questioned Wells Fargo’s CEO over fake account scandals. Get the Full...

Investments
SMB FinTech SpotOn Raises $50M In Series B Round
March 11, 2020

SpotOn, a point-of-sale payment solution company for small and medium-sized businesses (SMBs), has raised $50 million in a Series B funding round, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
AML Probe Into Swedbank Turns Up $4.8M In Possible Violations
March 11, 2020

The Swedbank anti-money laundering (AML) probe by the law firm Clifford Chance has uncovered 586 transactions totaling roughly $4.8 million in possible U.S. sanction violations, Swedbank said in a press release on Wednesday (March 11). Get the Full Story Complete the form to unlock this...

Retail
Mixed Bag For 2019 Retail IPO Stars
March 11, 2020

The volatile, COVID-driven stock market has had a mixed effect on the retail IPO class of 2019. The big three initial public offerings — The RealReal, Chewy and Revolve — have either held their own against the storm or found some reason for optimism. Get...

Retail
Knight Dragon Turns To Rental Units Amid Sluggish London Market
March 11, 2020

Amid London’s sluggish home sales market, billionaire Henry Cheng Kar-Shun’s firm intends to create its inaugural rental homes at an East London development. Knight Dragon has teamed with Texas-based Lincoln Property Company and MGT, the British real estate investor, to create 500 rental apartments, Bloomberg...

Retail
Car Vending Machine Company Carvana Goes Up Against Wall Street
March 11, 2020

Wall Street is a tough master, especially for eCommerce companies. Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. Its fourth-quarter earnings report, released at the end of February, showed a revenue jump of 88...