News

Digital Banking
Chime, Nubank No.1 in PYMNTS’ Digital Banking App Provider Ranking
October 25, 2022

In the latest edition of PYMNTS’  Provider Ranking of Digital Banking apps, 13 apps have earned a place on this month’s Top 10 list. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Real Estate Startup Bilt Sees Valuation Quadruple to $1.5B
October 25, 2022

The chief executive of real estate startup Bilt Rewards says his company has seen its valuation grow fourfold to $1.5 billion following a $150 million equity funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Real-Time Payments Are Ready, But Much of the World Isn’t
October 25, 2022

The cost, time and experience upgrade that digital payments promise cross-border senders and receivers may be crystal clear to some, but it hasn’t happened yet. Even though there’s every reason to get it done with all speed, holdouts abound in parts of the world that...

Biometrics
Biometrics Offers MENA Customers Frictionless, Secure Online Authentication
October 25, 2022

Along with the pressure to speed up digital transformation at the onset of the pandemic, businesses around the world soon realized that the acceleration would need to be accompanied by security-reinforced identity verification and user authentication to fight growing online fraud, while offering users a...

Delivery
Kroger Makes Long-Game Gen-Z Play with University Partnership
October 24, 2022

Kroger is making a long-term bet on the growth of eCommerce and Gen-Z consumers via a new grocery delivery partnership with the University of Kentucky. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
FinTech Winter Chills Funding as Busted IPOs Litter Landscape
October 24, 2022

Once hot FinTechs are now facing continued pressure, particularly on the funding front. 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
FTC Takes Action Against Drizly, CEO Following 2020 Data Breach
October 24, 2022

The Federal Trade Commission (FTC) is taking action against both online alcohol marketplace Drizly and its CEO, James Cory Rellas, pointing to allegations that they were alerted to data security problems but failed to improve the company’s procedures before a data breach took place two...

Investments
Dutch B2B Lending Platform Floryn Secures $64M From NatWest
October 24, 2022

Floryn, a Netherlands-based online lending firm for small- to medium-sized businesses (SMBs), announced on Friday (Oct. 21) that it has raised 65 million euros ($64 million) from U.K. bank NatWest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Plastiq Launches Updated Embedded Finance Solution
October 24, 2022

B2B payments platform Plastiq has launched the next generation of its Plastiq Connect embedded finance product, saying it now offers an embeddable user interface (UI) that requires less development time.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...