News

Mobile Payments
9.8% of Groceries Bought With Mobile Devices
November 10, 2022

Once upon a time, we used our mobile phones solely to make calls. 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....

Regulation
Rep. Waters: FTX.com Collapse Highlights ‘Urgent Need for Legislation’
November 10, 2022

The recent news around cryptocurrency exchange FTX.com has highlighted the need for legislation to protect consumers, Congresswoman Maxine Waters, chairwoman of the House Financial Services Committee, said Thursday (Nov. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Report: Fast-Fashion Retailer Shein Tests B2B Program in Brazil
November 10, 2022

Fast-fashion eCommerce retailer Shein is reportedly piloting a B2B program in Brazil that allows brands to offer their products for sale on the firm’s platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
New Zealand Bets on Open Banking to Offer More Consumer Choices
November 10, 2022

New Zealand is joining countries around the world in embracing opening banking, saying Thursday (Nov. 10) the sector will be the first to adopt its consumer data rights framework. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Mobile Payments
Sezzle Partners With Sensepass on Tap-to-Pay Offering
November 10, 2022

Buy now, pay later (BNPL) firm Sezzle has launched a partnership with Sensepass, maker of “The Wallet of Wallets,” to tap into continued consumer interest in contactless payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Egyptian Digital Lender Blnk Raises $32M
November 10, 2022

Blnk, an Egyptian buy now, pay later (BNPL) startup, has raised $23.7 million in equity and debt funding and a further $8.3 million via securitized bond issuance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Bladex Joins Komgo Trade Finance Platform
November 10, 2022

Banco Latinoamericano de Comercio Exterior (Bladex) announced on Thursday (Nov. 10) that it is joining Swiss FinTech Komgo’s trade finance platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
CFPB: Frauds and Scams Make up 40% of Crypto Complaints
November 10, 2022

They call it “pig butchering.” 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 form, you agree to receive...

Retail
Amazon Puts Alexa Under Microscope in Cost-Cutting Review
November 10, 2022

Amazon is evaluating its Alexa business as the company joins other Big Tech firms in making cost-cutting measures in the face of an economic downturn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...