Новости за 06.08.2021

Today in restaurant and grocery news, Dine Brands discusses its digital upgrades, and DoorDash debuts its new “DoubleDash” feature. Plus, a look at instant coffee’s growing popularity with young consumers. Dine Brands: 75 Pct Of Firm's Tech Will Be Upgraded By EOY In the second quarter of 2021, Dine Brands, parent of casual dining restaurants […]

As consumers come to expect on-demand convenience without sacrificing quality, many food and beverage brands and retailers have been developing a following by promising the best taste for the least amount of prep or wait time. Grocers have been driving sales with prepared meals, delivery services have been building a following with short delivery times, […]

Today in B2B payments, CAARY discusses the corporate card's rise in Canada, and Fiskl collaborates with GoCardless on small business cross-border payments. Plus, Automated Business Designs discusses payroll cards in a tough jobs market, WEX launches a new corporate card and Praetura opens its small business finance division. The Corporate Card Pursues The Canadian SMB […]

WeCommerce closed a deal to acquire mobile-first Shopify tool Archetype Themes for $20 million upfront and a contingent consideration of up to $12 million, according to a Friday (Aug. 6) press release. Archetype has won praise as a designer and developer of themes used by more than 60,000 Shopify merchants. Its Impulse theme is the […]

Tidjane Thiam’s special-purpose acquisition company (SPAC) is in exclusive talks with Mexican FinTech Credijusto and CIAL Dun & Bradstreet about merging the companies and listing them on the New York Stock Exchange later this year. Banking startup Credijusto is attractive to Thiam and his company because of its growing prominence among Latin American small businesses, […]

The Securities and Exchange Commission (SEC) charged a Florida duo operating a Cayman Islands company with more than $30 million in unregistered securities sales and misleading investors, according to a Friday (Aug. 6) press release. Gregory Keough, Derek Acree and their company Blockchain Credit Partners offered and sold securities in unregistered offerings through DeFi Money […]

Beyoncé and Adidas are joining the Black Cowboy revival. The superstar and the athletics and fashion giant are preparing to release Ivy Park Rodeo, the fourth Ivy Park offering, Adidas announced on Friday (Aug. 6). "Inspired by the inimitable style and undeniable influence of Black cowboys and cowgirls, the 'IVY Park Rodeo' collection celebrates the […]

Malaysian FinTech BigPay, a division of AirAsia, wrapped up a $100 million funding round led by South Korean conglomerate SK Group, according to a press release on Friday (Aug. 6). BigPay Co-founder and CEO Salim Dhanani said that the company is focused on moving closer toward its mission of becoming “one of the largest challenger […]

Moody’s Corp. is buying Risk Management Solutions Inc. (RMS), a California company that specializes in predicting what Mother Nature will dish out, for about $2 billion, the companies jointly announced. The seller is Daily Mail and General Trust PLC. “The acquisition will immediately increase Moody’s insurance data and analytics business to nearly $500 million in […]

The events of 2020 pushed businesses in multiple industries to take the next steps in their digitization journeys. Companies that needed to move their operations to remote working models for most of the past year were motivated to use electronic payment methods, and B2B ACH transactions for supplier payments and other such use cases grew […]

Commercial card products have seen gradual traction in the U.S. for years as businesses digitize their payment strategies and workflows, and the pandemic has only accelerated card adoption. Industry innovation is lowering barriers to adoption, too, and introducing new avenues for firms to take advantage of the capital float and rewards the payment product offers. […]

Waiting hours or days for cross-border payments can be painful for independent contractors, in some cases forcing them to borrow money or fall back on payday loans to stay afloat. In the Real-Time Payments Tracker, Citi’s Melissa Tuozzolo explains how real-time payment networks can help workers get a handle on their expenses.

B2B payments and accounting continue to capture the imagination of innovators and the attention of investors in this week's venture capital roundup. But B2B eCommerce took home the biggest slice of the pie, and introduced the market to a new unicorn in the process. SimpliFi Corporate card FinTech SimpliFi raised an undisclosed sum for its […]

In today’s jobs market, for employers, finding ways to attract and retain talent is imperative to continuing operations and growth. Payroll is certainly at the top of the list when it comes to factors that can make or break an employee-employer relationship, so identifying the right payroll technologies to support talent acquisition goals is key. […]

Deere & Company has announced that it will be moving to acquire Bear Flag Robotics, according to a press release. The deal will go forward for $250 million. Bear Flag Robotics was founded in 2017 and works to develop autonomous technology for driving services, which are compatible with existing machines. With the deal, Deere signifies […]

Digital lender Kakao Bank’s stock market debut in South Korea rocketed out of the starting gate with share prices up 62 percent at 11:10 a.m. in Seoul on Friday (Aug. 6), according to multiple media reports. At one point, Kakao Bank’s shares on the Korea Stock Exchange (KRX) soared almost 80 percent over the opening […]

Although payments in the tens of thousands or even millions tend to characterize business payments, the reality is that many payments made by global buyers to their suppliers are anything but that. Roughly 80 percent of those payments are less than $2,500, and half are paid to suppliers infrequently — perhaps once or twice a […]

If you accept the fact that digital fraudsters are never going to just go away, Trulioo Senior Vice President of Identity Solutions Garient Evans told PYMNTS, the case for a collaborative, personal and professional response starts to make a lot more sense. Add in the fact that the rise in digital commerce has broadened the […]

The modernization journey that banks and financial institutions (FIs) are on today always comes back to the same place: customer need. CheckAlt Director of Customer Experience Margie Huntley told PYMNTS it is only by understanding that concept that the FIs and businesses CheckAlt works with can begin the important work of mapping out how they […]

As eCommerce has accelerated over the past 18 months, an increasing number of investors have been looking for a way to get a piece of the action. Buying stock in Amazon or eCommerce platforms such as BigCommerce, which went public in August 2020, is one option. But Perch CEO Chris Bell has another: give him […]

Amid an increased focus on COVID-19 vaccination and a recovering services industry, Kenya anticipates that its economy will bounce back strong in 2021, up 6.6 percent this year after a growth of 0.6 percent in 2020. The projected growth would be Kenya’s highest in at least a decade, according to the International Monetary Fund, per […]

Retail marketing technology company Bluecore has a $1 billion valuation now, following the close of a Series D round, giving the company $125 million. The company intends to use the new funding to boost its eCommerce product development and also invest more in artificial intelligence (AI) and analytics. Bluecore services help prioritize mission-critical commerce key […]

A new software update for Ethereum, the second-largest blockchain network, will likely stabilize transaction fees and cut down on the supply of the tokens, according to Reuters. Ether was trading lower prior to the news but gained afterward and was up 2.6 percent to $2,796, Reuters reported. The adjustment is called the Ethereum Improvement Proposal […]

Today in restaurant and grocery news, Uber touts its global leadership in food delivery just as DoorDash gears up for a major grocery investment. Plus, Panera Breads teams up with other JAB Holding Company brands to pull ahead in the fast-casual space. DoorDash Prepares For Investment In Grocery Delivery App Gorillas U.S. food delivery group […]

U.S. retail sales in July increased by 10.9 percent year on year, excluding auto and gasoline, signifying “nearly quadruple the average growth in the month of July,” a new report from Mastercard showed. According to the firm’s SpendingPulse report, the child tax credit strengthened department store and clothing sales. “Back to school shopping is back,” […]