News

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

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Swedish Startup Voi Scoots To $160 Million Funding For AltTransportation
Swedish Startup Voi Scoots To $160 Million Funding For AltTransportation
December 01, 2020  |  Investments

Voi Technology, a Sweden-based eScooter startup, has raised $160 million as European companies vie for superiority in the new market for alternative transportation, the Financial...

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Stripe Capital Extends Business Lending To Online Platforms
Stripe Capital Extends Business Lending To Online Platforms
December 01, 2020  |  Loans

Payments giant Stripe is taking Stripe Capital, its push into online business finance and lending, to the next level. Get the Full Story Complete the...

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It’s Official: Salesforce Plans To Buy Slack For $27.7 Billion
It’s Official: Salesforce Plans To Buy Slack For $27.7 Billion
December 01, 2020  |  Partnerships / Acquisitions

Salesforce has inked a definitive agreement to buy Slack Technologies for an enterprise value of roughly $27.7 billion based on the Monday (Nov. 30) closing price...

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Cobase, Ebury Team Up On FX Payments
Cobase, Ebury Team Up On FX Payments
December 01, 2020  |  B2B Payments

FinTech firms Cobase and Ebury are now working together to roll out Ebury’s foreign exchange services on Cobase’s multi-banking platform, according to a press release....

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Sage Teams With Satago To Help SMBs Manage Cash Flow
Sage Teams With Satago To Help SMBs Manage Cash Flow
December 01, 2020  |  B2B Payments

Sage has unveiled a new partnership with Satago, a cash management and finance program for small firms and accounting professionals, according to an announcement. Get...

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Germany’s Aareal Bank Group Rolls Out B2B Payment Platform
Germany’s Aareal Bank Group Rolls Out B2B Payment Platform
December 01, 2020  |  B2B Payments

Germany-based Aareal Bank Group is rolling out its Aareal Exchange & Payment Platform (AEPP) offering. The solution will let firms put “end-to-end automation” of payment...

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Today In The Connected Economy: Cyber Monday Breaks Records, Klarna Launches Unexpected Fashion Show And Apple Fitness+ Is Coming
Today In The Connected Economy: Cyber Monday Breaks Records, Klarna Launches Unexpected Fashion Show And...
December 01, 2020  |  Commerce Connected

The rapidly expanding world of the connected economy saw both expected developments on Tuesday (Dec. 1), like the release of figures showing a big Cyber...

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Amazon Expands Call Center Business Technology With Voice Recognition
Amazon Expands Call Center Business Technology With Voice Recognition
December 01, 2020  |  Amazon Technology

As Amazon sees new demand for cloud services because of the pandemic, the company has announced voice recognition as part of its new services suite...

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Wendy’s Adds Flavor To Ghost Kitchen Movement
Wendy’s Adds Flavor To Ghost Kitchen Movement
December 01, 2020  |  Retail

The concept of “ghost kitchens” – dining establishments that only offer food on delivery, with no eat-in option – is not an invention of the...

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