News

Wearables
AR and VR Have Potential to Reshape Wearable Tech Landscape
April 22, 2024

Frequently integrated into wearable devices such as smart glasses and headsets, extended reality (XR) technology — encompassing augmented reality (AR), virtual reality (VR) and mixed reality (MR) — is unlocking new levels of immersive experiences across sectors such as healthcare, retail and beyond. Take, for instance,...

Regulation
FI Operational Resiliency Goes Proactive as UK Regulations Loom
April 22, 2024

Bad things can happen to good companies. And with the news Friday (April 12) that instant money movement platform TabaPay is acquiring Synapse’s assets following the latter’s bankruptcy, operational resilience is increasingly top of mind for firms. Against a macro backdrop embattled by global pandemics and geopolitical tensions, the...

Investments
Payflows Raises $26 Million for All-In-One Finance Platform
April 22, 2024

French FinTech Payflows has raised $26 million for its all-in-one platform for finance teams. The company announced the funding on LinkedIn as it emerged from stealth Monday (April 22), saying that its platform would “set finance teams free from boring manual work.” In less than 18 months, Payflows said,...

B2B Payments
Zil US Enables Swedish Businesses to Open US Payment Accounts
April 22, 2024

Zil US said Monday (April 22) that its B2B payment platform facilitates global business growth by allowing Swedish entrepreneurs and freelancers to open U.S. payment accounts remotely. The platform also makes it easier for Swedish businesses to pay U.S. vendors, affiliates, employees and partners, the...

B2B Payments
GoCardless Integrates A2A Payments App With Intuit QuickBooks in US
April 22, 2024

Global bank payment company GoCardless has launched an integration with Intuit QuickBooks in the United States. This regional integration builds on the existing relationship the two companies have in the United Kingdom, GoCardless said in a Monday (April 22) press release. The GoCardless app allows...

Payment Methods
Tink Teams With Splitwise to Offer Pay-by-Bank
April 22, 2024

Visa-owned payments platform Tink has launched an open banking partnership with expense-sharing app Splitwise. The collaboration, announced Monday (April 22), brings Pay by Bank to Splitwise users, letting them make direct payments from within the Splitwise app, starting in the U.K. “We have always believed that...

Retail
Bite CEO: Self-Service Kiosks Meet Shopper Demand for Click-and-Mortar™ Retail
April 22, 2024

Consumers are demanding eCommerce-like convenience from their in-store journeys, and retailers are rising to the occasion with self-service technologies. In an interview with PYMNTS, Brandon Barton, CEO of self-service kiosk provider Bite, which recently raised $9 million in its Series A funding round, shared that the company,...

Retail
Levi’s Finds D2C Business Provides Greater Consumer Trend Insights
April 22, 2024

Levi Strauss has found that selling through its own stores gives it greater insights into consumer trends. The company’s D2C channels also allow it to test new products before making them available to wholesalers and reduce the uncertainty around dealing with wholesale customers like department stores, which have...

Social Commerce
TikTok: Ban Will Hurt 7 Million US Businesses
April 21, 2024

TikTok says a ban on its platform in the U.S. hurts free speech and American businesses. The social media platform made this argument Sunday (April 21), one day after the U.S. House of Representatives passed legislation that would outlaw TikTok in the U.S. if the company’s China-based...