News

Investments
Report: Rippling in Discussions on Funding Round, $13.4 Billion Valuation
April 16, 2024

Rippling is reportedly in discussions to raise $870 million at a valuation of $13.4 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

B2B Payments
Can Legacy B2B Payments Coexist With ISO 20022 Migration Strategies?
April 16, 2024

Traditional B2B payments, with end-to-end processes frequently characterized by delays and complexities, remain stubbornly intractable.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Banking
Banks Report Lending Slows as Corporate Borrowers Pay Down Debt
April 16, 2024

The largest U.S. banks are reporting a slowdown in lending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

B2B Payments
Emagia Launches B2B Payments Orchestration Platform for Global Enterprises
April 16, 2024

Emagia has launched an artificial intelligence (AI) platform designed to streamline business-to-business (B2B) payments orchestration for global enterprises. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Retail
LVMH Sees Aspirational Consumers Pulling Back on Luxury Amid Inflation 
April 16, 2024

With the moderately well-off shopper spending differently than the high-earner, luxury brands are seeing aspirational shoppers forced to give up their favorite indulgences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Kotakt.io Gets $47 Million From Goldman Sachs for AI-Driven Healthcare
April 16, 2024

Health systems technology firm Kontakt.io has raised $47.5 million to expand its artificial intelligence (AI) solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Investments
Finmid Raises $37 Million to Enable Embedded Financing in Europe
April 16, 2024

Finmid has emerged from stealth and announced it has raised 35 million euros (about $37 million) to expand its embedded financing solution to businesses across Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
Instant Payments Fuel Tipping’s Digital Evolution
April 16, 2024

From restaurants to rideshare platforms and hospitality, the rise of digital tipping is reshaping how consumers express gratitude for service. This shift toward digital gratuity represents more than just convenience — it’s a reflection of broader societal changes, impacting both employee retention and transactional consumer...

B2B Payments
Lendica and EBizCharge Partner on Embedded Business Credit Solution
April 16, 2024

Lendica and EBizCharge have partnered to launch an embedded business credit solution for small and medium-sized businesses (SMBs) in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...