News

Digital Banking
EU Digital Wallets Take On Global Card Networks, Strive for Interoperability
September 05, 2022

Interoperability has long been a guiding principle for the European payments ecosystem. 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...

Retail
Petfolk Goes Omnichannel to Level Supply-Demand Imbalance
September 05, 2022

Whether in-store, on the road or through virtual appointments, omnichannel veterinary care provider Petfolk wants to make it all better. 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
US Stablecoin Bill Hits a Snag as Negotiations Break Down
September 04, 2022

A major Congressional effort to create regulations around stablecoins has hit a bump in the road, and while negotiations still ongoing, they are likely to extend beyond what the calendar allows. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Merchant Innovation
Valyōu Furniture Debuts B2B Interior Design Service
September 04, 2022

Valyōu Furniture is launching a new B2B interior design service, Valyōu Spaces, to support those looking for a living space designed by “renowned interior designers.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
Report: Chobani Says Market Conditions Caused Withdrawal of IPO
September 02, 2022

After announcing in March that it was delaying its planned initial public offering (IPO), yogurt company Chobani announced Friday (Sept. 2) that it is withdrawing the IPO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
SMBs — and Their FIs — Share Cross-Border Payments Pain
September 02, 2022

Efforts to modernize and speed up the B2B cross-border payment experience have lagged similar efforts to improve the online payment experience for consumers, resulting in processes that are often complicated and filled with friction. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Report: UK Already Suspects $1.3B ‘Bounce-Back’ Loans Fraudulent
September 02, 2022

The British government reportedly expects that 3.3 billion pounds (about $3.8 billion) of the “bounce-back” loans it made to small- to medium-sized businesses (SMBs) in response to the pandemic will be ultimately found to have been fraudulent. Get the Full Story Complete the form to...

Loyalty & Rewards
Restaurants Drive Loyalty Program Engagement by Putting Customers in Control
September 02, 2022

As restaurant brands look to boost consumers’ engagement, some are finding that the way to keep customers coming back is by putting them in charge of their own loyalty rewards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
R2 Raises $15M to Promote Latam Small Business Lending
September 02, 2022

Mexico City-based lending platform R2 has raised $15 million in a Series A funding round. 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,...