News

Investments
Atom Bank Raises $36M, No Mention of IPO
November 28, 2022

U.K. neobank Atom Bank announced on Friday (Nov. 25) that it has raised 30 million pounds ($36 million), and will use the capital to fund its customer lending and drive growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
Freedom Bank Adds Digital Invoicing and Payments Tools to Platform
November 28, 2022

The Freedom Bank of Virginia has deployed FinTech company Autobooks’ tools to add digital invoicing and payments solutions for the bank’s business clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Carlyle Targets ‘Pockets of Life’ in $3B EU Tech Fund
November 28, 2022

Carlyle Group has reportedly raised $3.1 billion for a European tech fund that is targeting “pockets of life” in an economy hit by a pandemic, inflation and the war in Ukraine. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Sabre and Mastercard Partner on Virtual Cards for B2B Travel Payments
November 28, 2022

Following its August acquisition of payment technology firm Conferma Pay, software and technology provider Sabre has partnered with Mastercard to enable B2B travel payments with virtual cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Loyalty & Rewards
Restaurants Step Up Rewards as Consumers Pull Back
November 28, 2022

As restaurants try to prevent inflation-concerned consumers from trading down, many brands are becoming more aggressive in their rewards and deal offers in an effort to keep diners coming back. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
Singapore’s Temasek Explains Its Due Diligence Following FTX Losses
November 28, 2022

After Singapore’s state-owned investor Temasek wrote off its $275 million stake in now-bankrupt cryptocurrency exchange FTX, some of the country’s legislators are reportedly questioning the organization’s due diligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
China’s Zero-COVID Policies Test Global Brands’ Resilience
November 28, 2022

Three years in, China continues to weather fallout from the pandemic. And that fallout, as lockdowns and civil unrest wrack an already volatile economy, may have negative knock-on effects for global marquee brands — Apple, Nike and Starbucks among them. Get the Full Story Complete...

Retail
NYC’s Luxury Retail Scene Gets ‘Jolt’ With New Sabyasachi Boutique
November 28, 2022

While most retailers are cutting prices and focusing more on essentials, a new Sabyasachi boutique in New York City is attracting buzz for its curated, high-priced luxury goods that one industry-watcher characterized as “maximalist.” Get the Full Story Complete the form to unlock this article...

Retail
Shoppers Go Deep on BNPL and eCommerce as Holiday Shopping Ramps Up
November 28, 2022

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