News

B2B Payments
3 Ways Multinationals Leverage Crypto, Blockchain Successfully
August 02, 2022

When an eCommerce brand is onboarding a third-party supplier or manufacturer before launching a new product, smart contracts powered by blockchain technology and cryptocurrency can help them avert future supply chain disruption due to slow payments or authentication processes.  Get the Full Story Complete the...

eCommerce
Cazoo ‘Laser-Focused on Profitability’ as Shares Surge Nearly 200% Post Upbeat Q2 Results
August 02, 2022

Investors’ tendency to slash the valuations of unprofitable businesses when the macroeconomic winds aren’t blowing their way is understandable. But for companies that are feeling the brunt of investor skittishness, making a solid argument for shareholders not to jump ship in times like this is...

B2B Payments
Today in B2B Payments: GrubMarket Adds IOT Pay to Enter Financial Services; Coinshift Teams With...
August 02, 2022

Today in B2B payments, Mashreq debuts non-banking services initiative for small businesses while Montway Auto Transport debuts a digital platform. Plus, ACH network moves 7.5 billion payments thanks to growth in same-day transactions, Amex debuts Global Pay for increased cross-border payment capabilities and inflation has...

POS Innovation
Green Payments Intros PCI-Compliant Processes for Car Dealers
August 02, 2022

Credit card and point of sale (POS) processor Green Payments is launching its new Dealer Genie program, which is intended to offer automotive dealer merchants control over internal processing while providing customers with an overall improved experience. Get the Full Story Complete the form to...

Security & Fraud
Hack of Crypto Payments Bridge Turns into $190M DeFi Free-for-All
August 02, 2022

The $190 million hack of Nomad, a cross-chain bridge protocol used to make transactions between different blockchains is unusual in one regard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
45% of US Consumers Want Banking Bundles
August 02, 2022

Consumers have a variety of reasons for obtaining credit cards from their primary banks or other issuers, according to “Bundled Banking Products,” a PYMNTS and Amount collaboration based on a survey of 2,290 U.S. consumers. Get the Full Story Complete the form to unlock this...

Delivery
1 in 3 Uber Eats Orders Come From Paid Subscribers
August 02, 2022

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 from PYMNTS and...

Investments
Egyptian eCommerce Platform Homzmart Raises $23M
August 02, 2022

Egypt-based eCommerce platform Homzmart has closed a Pre-Series B round of $23 million. 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....

Investments
SMB Fundraising FinTech Parafin Raises $60M
August 02, 2022

Parafin, a FinTech launched by veterans of Robinhood Markets, has raised $60 million in a new financing 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...