News

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

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Neo Financial’s $64M Series B Funding Will Speed Growth

Neo Financial’s $64M Series B Funding Will Speed Growth
Neo Financial’s $64M Series B Funding Will Speed Growth
September 15, 2021  |  Investments

FinTech company Neo Financial on Wednesday (Sept. 15) announced that Valar Ventures had led its recently completed $64 million Canadian ($50.6 million) Series B fundraising...

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Goldman’s BNPL Play Strengthens Consumer Financing, Targets Merchant Growth
Goldman’s BNPL Play Strengthens Consumer Financing, Targets Merchant Growth
September 15, 2021  |  Partnerships / Acquisitions

Through the last few years, through the pandemic, especially, Wall Street behemoth Goldman Sachs has been ramping up its consumer banking efforts. Get the Full...

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B2B Payments Today: Businesses Upgrade Spend Management Controls; Hello Raye Launches 3D Rendering SaaS Tool
B2B Payments Today: Businesses Upgrade Spend Management Controls; Hello Raye Launches 3D Rendering SaaS Tool
September 15, 2021  |  B2B Payments

Today in B2B payments, 36% of businesses will upgrade spend management and expense controls, and furniture buyers and manufacturers can now access Hello Raye’s 3D...

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Tazapay Launches Escrow-as-a-Service With Global B2B Marketplaces
Tazapay Launches Escrow-as-a-Service With Global B2B Marketplaces
September 15, 2021  |  B2B Payments

Cross-border trade digital escrow startup Tazapay is introducing escrow-as-a-service (EaaS) in partnership with eight global business-to-business (B2B) marketplaces, with plans to have more than 20...

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Wakefern Joins Grocers Using Inventory Management AI to Save Labor and Boost Sales
Wakefern Joins Grocers Using Inventory Management AI to Save Labor and Boost Sales
September 15, 2021  |  Retail

As grocers face a challenging labor market, time-saving artificial intelligence (AI) solutions present the opportunity to make the most of the difficult situation. For its...

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Acorns Preps for IPO by Naming David Hijirida President 
Acorns Preps for IPO by Naming David Hijirida President 
September 15, 2021  |  IPO

Acorns Grow Inc. has hired former Amazon.com Inc. executive David Hijirida as its new president ahead of the savings and investing startup’s initial public offering,...

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FTC Is Reviewing Big Tech’s Smaller Deals
FTC Is Reviewing Big Tech’s Smaller Deals
September 15, 2021  |  ANTITRUST

Federal Trade Commission (FTC) staff members are due to present the outcome of a review of Big Tech deals that were too small to warrant...

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Trimble Partners With P&G to Revamp Transportation Sourcing
Trimble Partners With P&G to Revamp Transportation Sourcing
September 15, 2021  |  Partnerships / Acquisitions

Trimble Transportation is collaborating with Procter & Gamble (P&G) to improve the transportation procurement process between shippers and carriers, according to a press release on...

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PYMNTS Data: FIs’ Adoption of Fraud Detection Tech Has Tripled Since 2018
PYMNTS Data: FIs’ Adoption of Fraud Detection Tech Has Tripled Since 2018
September 15, 2021  |  Fraud Prevention

Financial institutions (FIs) want to reduce fraud, but at the same time don’t want to create false positives, which is the flagging of legitimate customers...

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