News

eCommerce
LianLian Partnership With European FinTechs Boosts eCommerce Financing Offering
November 14, 2022

Cross-border payment service provider LianLian Global is teaming up with three European FinTechs to boost financing options for eCommerce merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Regulation
Report: DOJ Investigates FTX Collapse and Handling of Customer Funds
November 14, 2022

The U.S. Attorney’s Office for the Southern District of New York is reportedly investigating the collapse of cryptocurrency exchange FTX as well as the firm’s handling of its customers’ funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

eCommerce
American Express Taps TikTok To Reach Gen Z Shoppers
November 14, 2022

American Express has teamed with TikTok for the “#ShopSmall Accelerator,” a program designed to help small businesses reach Gen Z shoppers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payment Methods
Sainsbury’s Taps Checkout.com for Mobile Checkout
November 14, 2022

British retail giant Sainsbury’s is partnering with FinTech Checkout.com to bring till-free payments to its stores. 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,...

Investments
Report: Ant Group’s Consumer Finance Unit Plans to Raise $1.5B
November 14, 2022

Chongqing Ant Consumer Finance — the consumer finance unit of China-based Ant Group — is reportedly planning to raise the equivalent of $1.5 billion in new capital to help it make loans. Get the Full Story Complete the form to unlock this article and enjoy...

Cross-border Payments
Remittance Firms Jostle for Dominance in Competitive UK-Nigeria Corridor
November 14, 2022

Nigerians living in the U.K., — approximately 178,000 as of last year per the Office for National Statistics — have consistently ranked among the top 10 migrant communities in the country, making them an attractive customer base for firms operating in the competitive U.K.-Nigeria remittance...

Faster Payments
MoneyGram Teams With Beyon to Boost Real-Time Payments
November 14, 2022

Money transfer firm MoneyGram has teamed with Bahrain’s Beyon Money for a collaboration that lets Beyon users send money to more than 200 countries in near real time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Travel Tech Company Amadeus Launches B2B Payments Platform Outpayce
November 14, 2022

B2B travel payments are getting a facelift with Amadeus’ new spinoff platform Outpayce. 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....

Investments
Report: Italian Bank Intesa to Sell Stake in Payments Firm Nexi
November 14, 2022

Italian bank Intesa Sanpaolo has reportedly announced it will sell its stake in the Italian payments firm Nexi while continuing its strategic relationship with the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...