News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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China’s X-Border, Risk Service Provider XTransfer Nets $138M for Product Upgrades

China’s X-Border, Risk Service Provider XTransfer Nets $138M for Product Upgrades
China’s X-Border, Risk Service Provider XTransfer Nets $138M for Product Upgrades
September 19, 2021  |  B2B Payments

XTransfer, a Chinese cross-border financial and risk management service provider, has come away from a Series D funding round with $138 million, according to a...

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AP Automation Software Maker AvidXchange Plans Nasdaq IPO
AP Automation Software Maker AvidXchange Plans Nasdaq IPO
September 19, 2021  |  IPO

AvidXchange, which describes its business as “transforming how [middle-market businesses] receive, manage and pay their bills,” filed Friday (Sept. 17) to go public on the...

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B2B Food Marketplace SupplyMe Opens eCommerce Site in UAE
B2B Food Marketplace SupplyMe Opens eCommerce Site in UAE
September 19, 2021  |  B2B Payments

Online B2B marketplace SupplyMe, which connects local food suppliers with food service businesses, is rolling out in the United Arab Emirates, Tradearabia.com reported. Get the...

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Bitcoin Daily: Russia Central Bank to Delay Digital Asset Exchange Payments; Christie’s to Auction NFTs
Bitcoin Daily: Russia Central Bank to Delay Digital Asset Exchange Payments; Christie’s to Auction NFTs
September 19, 2021  |  Bitcoin

In other news, the Bank of Russia will be working with commercial banks to delay payments to digital asset exchanges, intending to limit “emotional” crypto...

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As Sears Cuts Its Illinois Roots, A New Generation of Super-Retailers Watches — And Waits 
As Sears Cuts Its Illinois Roots, A New Generation of Super-Retailers Watches — And Waits 
September 18, 2021  |  Retail

Kenmore. DieHard. Craftsman. Discover Card. Allstate Insurance. This collection of iconic, if somewhat disparate, brands all share a common ancestor.  Get the Full Story Complete...

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Easing Supply Chain Woes With Strong Vendor Relationships
Easing Supply Chain Woes With Strong Vendor Relationships
September 17, 2021  |  Retail

For direct-to-consumer (D2C) food businesses, any point of friction that inhibits the shopping journey could mean the difference between making and losing the sale. Consequently,...

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Nextdoor Aims to List on NYSE After Merging with SPAC
Nextdoor Aims to List on NYSE After Merging with SPAC
September 17, 2021  |  Partnerships / Acquisitions

Nextdoor, Inc. and special purpose acquisition company (SPAC) Khosla Ventures Acquisition Co. II on Friday (Sept. 17) announced plans to list Nextdoor Holdings Inc.’s Class...

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55% of Restaurants Say Digital Payments Are Key to Success
55% of Restaurants Say Digital Payments Are Key to Success
September 17, 2021  |  Restaurant innovation

The 2021 Restaurant Readiness Index, a PYMNTS and Paytronix collaboration, surveyed more than 500 QSRs and full-service restaurant managers to get a sense of their...

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Some Apple Card Users Hit Snags Placing iPhone 13 Preorders
Some Apple Card Users Hit Snags Placing iPhone 13 Preorders
September 17, 2021  |  Apple

Apple Card users experienced glitches when trying to place pre-orders for the iPhone 13 series, which kicked off on Friday (Sept. 17). Apple Pay users...

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