News

Cross-border Payments
Navigating Global Real-Time Rails Poses Challenges in India
November 08, 2022

Globalization and the great digital shift are doing much to create new revenue opportunities for all manner of firms — large and small — that export their offerings (sometimes via platforms) into new markets. Get the Full Story Complete the form to unlock this article...

B2B Payments
B2B Marketplaces Offer FIs Game-Changing Opportunity to Drive Payments Innovation
November 08, 2022

Historically, the process of buying and maintaining a vehicle has rarely been a one-stop-shop experience. It often involved engaging with a car dealer, a provider for auto parts and accessories like tires and wheels, and another for after-sale services, among others. Get the Full Story...

Banking
JPMorgan, Citi and Others Keep Russia Ties Open at US Request
November 07, 2022

Aiming to keep money flowing in the global economy even as it enforces sanctions against some Russian targets, the United States federal government has reportedly asked several large banks to continue working with some Russian firms.  Get the Full Story Complete the form to unlock...

B2B Payments
Mexico’s FEMSA to Buy B2B FinTech NetPay
November 07, 2022

Mexican retail, logistics and distribution firm Fomento Económico Mexicano (FEMSA) has signed an agreement to acquire merchant aggregator NetPay as part of its effort to build a portfolio of financial and digital services that is diverse and omnichannel.  Get the Full Story Complete the form...

Wearables
Mastercard Debuts Tap and Go Race Bibs at NYC Marathon
November 07, 2022

When runners who were preparing to participate in the New York City Marathon picked up their race materials for the Sunday (Nov. 6) event, one of the items was a race bib that could be equipped with a method for contactless payments.  Get the Full...

Mobile Commerce
eGrocery Begins to Take a Bite Out of Brick-and-Mortar
November 07, 2022

Most grocery shopping continues to be done in physical stores, but eCommerce is slowly gaining share. 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...

Investments
Peloton Founders Raise $25M for D2C Rug Venture Ernesta
November 07, 2022

Ernesta, a direct-to-consumer (D2C) custom rug company launched by three of the founders of Peloton — John Foley, Hisao Kushi and Yony Feng — has raised $25 million in a Series A round. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Web3 Firm Reltime Launches Embedded Finance Platform
November 07, 2022

Web3 financial ecosystem Reltime has launched an embedded finance platform that enables companies to offer their customers fully compliant, real-time financial services.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Yassir Picks Up $150M Series B to Fuel Expansion
November 07, 2022

Yassir, a San Francisco-based company that operates an Algerian super app by the same name, on Monday (Nov. 7) announced the close of a $150 million Series B funding round to fuel its expansion across Africa and the Middle East. Get the Full Story Complete...