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Restaurant Ordering Apps, Cloud Technology, Cash Hoarding Top This Week’s News

PYMNTS

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives into in-house restaurant ordering apps and cloud technology, as well as a report on banks running short on large bills amid the coronavirus crisis.

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NEW DATA: 10 Key Features For Boosting Cross-Border Conversion Rates

PYMNTS

Consumers across the globe are primarily going online to shop and pay for everything from clothing to electronics and groceries due to the pandemic, with digital product sellers among the most likely eTailers to see their sales increase. Offering guarantee or refund policies helps instill a sense of trust in online shoppers.

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Brex Launches Vancouver Tech Hub With 40 Employees

PYMNTS

Silicon Valley payments FinTech Brex opened its first international office, a technology hub in Vancouver, Canada with a 40-person workforce, the company announced on Tuesday (March 3). The new hub will target software engineering and user experience processes. They previously founded the online payments company Pagar.me.

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Asian Food Delivery Firm HungryPanda Raises $20M

PYMNTS

Online food delivery company HungryPanda has raised $20 million in a funding round led by Antoine Nussanbaum from Felix Capital and Laurel Bowden from 83North, according to a release. We bring global experience and expertise in this market, which has already made us the leader in a number of cities in the U.S., ANZ and Europe.

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The Favorites of FinDEVr 2017 New York

Fintech Labs Insights

FinDEVr 2017 New York is in the books. Our second developers conference in New York was a great opportunity to take a look at some of the technologies that continue to drive fintech innovation forward. The post The Favorites of FinDEVr 2017 New York appeared first on Finovate.

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Slice On Taking The Bite Out Of Address Verification During Onboarding

PYMNTS

Failing to streamline these processes can create problems for merchants, as many consumers — including those purchasing food for delivery or takeout — seek smooth online ordering capabilities with minimal frictions, said Preethy Vaidyanathan , chief product officer at New York-based technology platform Slice.

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Blockchain Startup Blockstack Raises $5.3 Million To Keep Web Surfers’ Data Private

PYMNTS

Blockstack, a New York company that develops platforms for secure, server-less apps using blockchain technology, raised $5.3 Citing an interview the company gave to The Observer in October, the report said Blockstack, which formerly went by the name Onename, is designing a browser that is powered by blockchain technology.