News

Banking
NorthOne Raises $67M Series B Toward Business Banking Platform
October 13, 2022

FinTech NorthOne has raised $67 million in Series B funding to go toward expanding its business banking and financial management platform, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Astra Nets $10M and Line of Credit for Card to Card Payments Expansion
October 13, 2022

Astra, which works with finance transfer technology, has announced a Series A funding round that netted it $10 million, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Prove Identity Debuts Second-Factor Authentication in Brazil with OZ Corretora de Cambio
October 13, 2022

Identity authentication services company Prove Identity has begun offering its services in Brazil, with its first customer in the region being OZ Corretora de Câmbio, which works with foreign exchange services, a press release said. Get the Full Story Complete the form to unlock this...

Regulation
Report: US Comptroller Says Bank-FinTech Partnerships Must Monitor Risk
October 13, 2022

After his earlier remarks about partnerships between banks and FinTechs led members of the financial services industry and House Republicans to worry that he would discourage innovation, Acting Comptroller of the Currency Michael J. Hsu has reportedly explained that he wants to ensure that firms...

Retail
Apple, Peloton Winners in Amazon’s Early Holiday Sale
October 13, 2022

Amazon said shoppers bought more than 100 million items during its Prime Early Access Sale this week. 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...

B2B Payments
Today in B2B Payments: eCommerce Tools Focus on African Enterprises, Aircraft Parts
October 13, 2022

Today in B2B payments, Dooka offers a B2B marketplace to promote intra-African trade, while Ambry Hill and eComchain launch an eCommerce storefront solution for sellers of aircraft parts. Plus, Blackline adds a credit risk assessment feature, while HSBC and Trade Ledger develop a digital receivables...

Retail
Supermarkets Kroger, Albertsons Could Combine
October 13, 2022

Two of the country’s biggest supermarket chains, Albertsons and Kroger, are reportedly in talks to merge in a deal that could have a potential market value of about $50 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

CFPB
CFPB: Colleges Need to Protect Students From ‘Junk Fees’
October 13, 2022

America’s colleges have more work to do when it comes to protecting students from so-called “junk fees,” the Consumer Financial Protection Bureau (CFPB) said Thursday (Oct. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
EMEA Daily: Ikea Pushes Affordability as Inflation Looms
October 13, 2022

Today in Europe, the Middle East and Africa (EMEA) news, Ikea reaffirms its commitment to affordability, while Adyen announces the launch of its platform in Mexico. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...