News

B2B Payments
B2B FinTech Could Earn Index Ventures $2 Billion This Year
June 12, 2018

Venture capitalist (VC) firm Index Ventures is on its way to earn $1.6 billion from its early investments in B2B FinTech, according to Forbes reports Monday (June 11). Index Ventures’ portfolio includes iZettle and Adyen, with unconfirmed reports of a Funding Circle initial public offering...

B2B Payments
OroCommerce Augments B2B Payments Capabilities With Limonetik
June 12, 2018

B2B eCommerce software provider OroCommerce is integrating payments capabilities into its platform through a new collaboration with Limonetik. 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...

Payment Methods
NJ Transit Upgrades Reduce Cash, Paper Ticket Usage
June 12, 2018

New Jersey Transit announced it is planning to modernize its fare payment system through proposed upgrades that would reduce cash and paper-based tickets, and provide customers with quick, easy and convenient ways to pay. Get the Full Story Complete the form to unlock this article...

Delivery
Square’s Caviar Settles Gratuity Lawsuit With $2.2M Payout
June 12, 2018

Square, Jack Dorsey’s digital payments company, has agreed to settle a class-action lawsuit lodged at Caviar, its on-demand food delivery service, reported TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Small US Bank Shares Increase Post-Dodd-Frank
June 12, 2018

Small banks are benefiting from the rollback of Dodd-Frank, with the Russell 2000 bank index outperforming the S&P 500 banks by about 10 percentage points since the turn of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Blue Apron ‘Unboxed’ Pop-Up Shops Arrive In NY
June 12, 2018

Meal kit delivery company Blue Apron announced the launch of Unboxed, a series of pop-up events aimed at enabling people to explore and purchase its products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

News
Five at Five: Facebook Faces New Scrutiny Over Data
June 11, 2018

Welcome to Five at Five, your late look at the payments and commerce news you might have missed. First up, there is a report about new data-related allegations regarding Facebook. In addition, air travel is going cashless and Ford’s delivery service. Heineken has a new online...

Investments
Claroty Raises $60M In A New Round Of Venture Funding
June 11, 2018

Claroty, the cybersecurity company for industrial control networks, announced on Monday (June 11) that a syndicate of investors, including industrial operators and control system vendors, invested $60 million in a Series B round of fundraising. Get the Full Story Complete the form to unlock this article...

Delivery
Ford, Postmates Team Up For Self-Driving Delivery Service
June 11, 2018

Ford announced on Monday (June 11) that it has teamed up with Postmates, the same-day delivery service, to operate a self-driving delivery service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...