News

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

Source: pymnts.com

Stord Hits $1.1B Valuation After Series D Funding

Stord Hits $1.1B Valuation After Series D Funding
Stord Hits $1.1B Valuation After Series D Funding
September 17, 2021  |  Investments

Stord is now valued at $1.1 billion after the successful raise of $90 million in Series D funding. This new round of seed financing is...

READ MORE >
Vuzix, Verizon, Partner on BlueJeans Smart Glasses
Vuzix, Verizon, Partner on BlueJeans Smart Glasses
September 17, 2021  |  Wearables

Smart glasses firm Vuzix Corporation is working with Verizon’s video conferencing arm BlueJeans to expand the power of BlueJeans running on Vuzix’s glasses by tapping...

READ MORE >
Walmart Joins Ford and Argo AI on Driverless Delivery, Apple Fixes ‘Zero Click’ iMessage Breach and OpenSea’s Massive NFT Activity Drop Top This Week’s News 
Walmart Joins Ford and Argo AI on Driverless Delivery, Apple Fixes ‘Zero Click’ iMessage Breach...
September 17, 2021  |  The Weekender

In this week’s news, we saw retail subscriptions at risk when the COVID-19 pandemic ends, while Apple finally closed a longstanding security loophole. The Weekender...

READ MORE >
This Week in Payments: EU Goes Super AND Streamlined, BNPL’s Got MoJo, Plus a Sideline View of Crypto 
This Week in Payments: EU Goes Super AND Streamlined, BNPL’s Got MoJo, Plus a Sideline...
September 17, 2021  |  News

In a week that saw yet more big money moves into the buy now, pay later (BNPL) space and Europe laying out its plans —...

READ MORE >
Toast Leads the IPO Parade of Platforms Featuring Hefty Valuations
Toast Leads the IPO Parade of Platforms Featuring Hefty Valuations
September 17, 2021  |  IPO

Last week’s listing announcements and actual public debuts of companies were more widely varied among initial public offerings (IPOs) and special-purpose acquisition company (SPAC)-related headlines...

READ MORE >
Dozens of South Korean Crypto Exchanges Could Shut Down Next Week
Dozens of South Korean Crypto Exchanges Could Shut Down Next Week
September 17, 2021  |  Cryptocurrency

South Korean cryptocurrency exchanges must register with the country’s Financial Intelligence Unit by next Friday (Sept. 24), meaning that dozens of exchanges must notify their...

READ MORE >
Lazada Names Ex-Ant Group Exec to Lead Payments
Lazada Names Ex-Ant Group Exec to Lead Payments
September 17, 2021  |  Personnel

Alibaba’s Lazada Group has named a former Alipay executive for a newly created position to oversee payments in Southeast Asia. The company announced on Friday...

READ MORE >
UK-Based Brightpearl Snaps Up Inventory Planner
UK-Based Brightpearl Snaps Up Inventory Planner
September 17, 2021  |  Partnerships / Acquisitions

Omnichannel retail management platform Brightpearl has closed a deal to acquire inventory projection solution Inventory Planner for undisclosed terms, according to a press release on...

READ MORE >
Facebook Unveils New Online Shopping Tools 
Facebook Unveils New Online Shopping Tools 
September 17, 2021  |  Facebook

Facebook is introducing new tools for businesses to connect with potential customers on its app in a bid to become a destination for online shoppers. ...

READ MORE >