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Five At Five: Even Financial Gets New Funding Round

PYMNTS

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes Even Financial raising additional funding , Mattress Firm considering bankruptcy , the New York City Council planning to limit ridesharing licenses, Visa buying a stake in Israeli-startup Behalf and Microsoft Pay supporting MasterPass.

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B2B Tech Startups Land Backing To Modernize The Enterprise

PYMNTS

One India-based B2B eCommerce startup, Bikayi, recently announced it raised $2 million in seed funding from a range of backers, including Mantis, a venture capital firm founded by pop artists the Chainsmokers. Honcho plans to deploy the investment towards new hires and invest in its product roadmap.

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Mobile Order-Ahead Delivered The Goods In 2019

PYMNTS

Tons of capital was raised and spent on new systems and processes. Others are getting into the act, and quickly too, including New York City-based mobile store Bandit, various pop-ups and so-called “phantom kitchens” without seating from quick-service restaurants (QSRs) including Wendy’s and Chick-Fil-A.

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Deep Dive: COVID-19 Spurs Biometric Innovations For A Contactless Global Society

PYMNTS

The New York City Police Department recently stopped using its fingerprint identification security procedure for employees entering buildings, for example, contributing to a spike in demand for contactless identification alternatives. I don’t think authorities will rule out keeping this up after the outbreak.”.

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First Data Rallies On N. America SMB Efforts

PYMNTS

Global financial services (GFS) gained 2 percent on the top line year over year, as, again, North American revenues were up on the back of processing and revenues, even while card personalization sales were down. ” The network security segment was flat year over year for the remainder of sales. 16 in New York City.

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Hackers No Match For Designer Handbags

PYMNTS

In a letter to Terry London, chairman of Pier 1’s board, Alden Global Capital had harsh words , saying that London and the board “cannot be trusted to protect the best interest of Pier 1 shareholders.”. Using Apple’s iOS platform, guests place orders through their smartphones and pick up at its “Midtown East Shack” in New York City.

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Fintech Fundings: Companies Raise $ Million Week Ending Feb 26

Fintech Labs Insights

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 Three Finovate and FinDEVr alums raised new cash and one exited: PayActiv raised $9.2 Snoopwall landed a cool million for its security solutions. Trusted Knight.