News

News
Kraken CEO Jesse Powell, Crypto’s First Banker, Steps Down
September 21, 2022

Update: Adds background. 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 marketing communications...

Investments
Brightflow AI Raises $19M in Series A, Seed Funding to Empower SMBs
September 21, 2022

Financial intelligence platform Brightflow AI has announced $19 million in new funding, comprised of a $15 million Series A round and $4.2 million from a seed round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
FV Bank Rolls Out Circle Integration
September 21, 2022

Puerto Rico’s FV Bank has launched a service for account holders that lets them instantly convert Circle’s USD Coin into U.S. dollars upon deposit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Citi to Exit UK Retail Banking, Focus on Wealthiest Customers
September 21, 2022

Citigroup is planning to end its retail banking operations in the U.K., shifting its focus to its wealthiest clients. 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...

B2B Payments
Today in B2B Payments: Companies Announce 3 New Partnerships
September 21, 2022

Today in B2B payments, Cleareye.ai and J.P. Morgan partner on trade finance, Taulia and Standard Chartered collaborate on working capital finance solutions, and Suuchi GRID and Bankamoda team on supplier financing in Latin America. Plus, Sequence comes out of stealth and raises $19 million to...

eCommerce
The Independent Taps Bolt for Editorial eCommerce Payments
September 21, 2022

U.K. newspaper The Independent has transformed its eCommerce service through a new partnership with digital payments firm Bolt, the publisher announced in a Wednesday (Sept. 21) press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
Smart Crypto Policy Can Protect Dollar’s Dominance, Experts Tell House Panel
September 21, 2022

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IPO
Japan’s Rakuten Picks Goldman to Run Potential Banking IPO
September 21, 2022

Japan’s Rakuten Group has tapped Goldman Sachs and Daiwa Securities to oversee an initial public offering (IPO) for its banking unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Sequence Raises $19M to Build B2B SaaS Billing, Collections Platform
September 21, 2022

Sequence has come out of stealth and announced that it has raised $19 million to build “the finance operations platform of the future” for B2B Software-as-a-Service (SaaS) companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...