News

Fintech Investments
Report: FinTech CRED to Invest in P2P Lending Platform LiquiLoans 
September 16, 2022

Credit card bill payment platform CRED is reportedly planning to invest $10 million in peer-to-peer (P2P) lending platform LiquiLoans. 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...

Retail
Mexican Department Store Liverpool Buys 9.9% Stake in Nordstrom
September 16, 2022

Two high-end department stores reportedly have a closer relationship now, as the parent company of Mexican chain Liverpool has reportedly acquired a 9.9% passive stake in U.S. chain Nordstrom for 5.9 billion pesos ($293.8 million). Get the Full Story Complete the form to unlock this...

B2B Payments
Indian FinTech Zaggle Launches AP, Credit Card Payments Platform
September 16, 2022

Indian FinTech company Zaggle has reportedly launched a product called Zoyer that brings accounts payable (AP) and credit card payments together on a single platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payments Innovation
Fear, Skepticism Drive Weird Relationship With New Tech
September 16, 2022

While panning PYMNTS’ weekly stream of research and surveys, an unexpected thread of mistrust, misperception and misuse emerged, involving both consumers and businesses, that wove through a range of seemingly disparate topics. Get the Full Story Complete the form to unlock this article and enjoy...

International
EMEA Daily: 5 Companies Join ECB’s Digital Euro Project
September 16, 2022

Today in Europe, the Middle East and Africa (EMEA) news, the European Central Bank (ECB) announces five industry partners that will be involved in a “prototyping exercise” as part of the digital euro project, while Truelayer cuts 10% of its workforce. Get the Full Story...

B2B Payments
Today in B2B Payments: Developers Provide Crypto, Receipt Management Tools
September 16, 2022

Today in B2B payments, CryptoPayments launches new solutions to help make and receive payments in cryptocurrency, while Botkeeper partners with Expensify to streamline monthly receipt management. Plus, Ratio secures $411 million to grow its buy now, pay later (BNPL) and financing platform. Get the Full...

B2B Payments
Cryptocurrency-Fiat Gateway CryptoPayments Launches B2B, B2C Solutions
September 16, 2022

Estonia-based cryptocurrency-fiat gateway CryptoPayments has launched new solutions that enable businesses and individuals to make and receive payments in nine cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cross Border Commerce
OTT Pay Brings Cross-Border Transaction Processing to US
September 16, 2022

Canadian payment service provider OTT Pay is bringing its cross-border transaction processing solutions to the U.S. to more efficiently serve global eCommerce companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
Report: SEC Accounting Guidance Creates Hurdle for Banks’ Crypto Plans
September 16, 2022

Despite demand from an increasing number of their clients for cryptocurrency products and services, many banks are reportedly holding back on offering them because accounting guidance from the U.S. Securities and Exchange Commission (SEC) makes it unprofitable to do so.  Get the Full Story Complete...