News

Investments
Signzy Raises $26M to Expand AI-Powered Compliance Platform
September 26, 2022

Digital banking infrastructure startup Signzy has raised $26 million in a Series B funding round, with the funds helping to grow its platform aimed at helping financial institutions (FIs) automate risk and compliance processes, according to a Monday (Sept. 26) post on its LinkedIn page....

Digital Banking
Nuapay, Pay360 Partner to Accelerate Open Banking in UK
September 26, 2022

Open banking company Nuapay is extending its open banking payments services to Pay360, a payment service provider used for public sector payments by 60% of local authorities in the United Kingdom as well as private sector clients. Get the Full Story Complete the form to...

Fintech Investments
Pound, Euro Instability Signals Stress Ahead for Europe’s FinTech Ecosystem
September 26, 2022

How a currency trades on the world stage is a form of shorthand for how traders and investors view the prospects and the perils facing various nations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Walmart Extends Run of Digital Expansion With New Roblox Pact
September 26, 2022

For the third time in a week, the nation’s largest operator of physical retail stores has made a decidedly digital turn, with Walmart announcing a pair of new metaverse plays aimed at monetizing over 50 million daily visitors to Roblox. Get the Full Story Complete...

Retail
Amazon Leverages Membership Surge With October Prime Day Push
September 26, 2022

Any doubts that deep and early discounting would be the theme of thus year’s holiday shopping season were laid to rest Monday (Sept. 26) as Amazon responded to recent moves by rival retailers with the announcement of a second Amazon Prime Day to be held...

Retail
Estée Lauder Teams With Balmain to Tap High-End Beauty Spending
September 26, 2022

The Estée Lauder Companies and Balmain are partnering on a line of beauty products meant for luxury consumers around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Checkmate Raises $5M for New Smart Shopping Tool
September 26, 2022

Smart shopping tool startup Checkmate has raised $5 million in a seed funding round to drive product development and build out its new personalized solution for online shoppers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Dick’s, Macy’s Join Mounting Retail Seasonal Hiring Trend; Staffing Shortages Loom
September 26, 2022

Fast access to pay is one of the benefits retail chains are offering as they compete for employees to fill seasonal positions for the upcoming holiday season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
Data Brief: 52% Shopping Carts Originating in APAC Get Abandoned
September 26, 2022

With roughly 4.3 billion people living in the Asia-Pacific (APAC) region, stretching across more than a dozen countries, and with internet connectivity growing by leaps and bounds, it’s no secret that merchants desire to tap these markets to satisfy demand for eCommerce. Get the Full...