News

B2B Payments
DOZR CEO Says BNPL Doubles Net Terms for Construction Rental Marketplace Buyers
September 19, 2022

Cash flow is a significant challenge in the construction industry. Contractors often must cope with 30- to 60-day payments and holdbacks of as much as 40% until the completion of the job. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
US 8-Month Tech IPO Drought Is Longest in This Century
September 18, 2022

The declines in the U.S. stock market that started early this year have scared off investors in technology startups and led to the longest stretch without a tech initial public offering (IPO) in this century. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
FinTech Kyriba Debuts AI-Powered Cash Management Platform
September 18, 2022

Software-as-a-service FinTech Kyriba has added an artificial intelligence cash-management tool to its array of cloud-based finance and information technology tools, the company announced last Thursday (Sept. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Fintech Investments
Report: FinTech CRED to Invest in P2P Lending Platform LiquiLoans 
September 16, 2022

Credit card bill payment platform CRED is reportedly planning to invest $10 million in peer-to-peer (P2P) lending platform LiquiLoans. 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...

Retail
Mexican Department Store Liverpool Buys 9.9% Stake in Nordstrom
September 16, 2022

Two high-end department stores reportedly have a closer relationship now, as the parent company of Mexican chain Liverpool has reportedly acquired a 9.9% passive stake in U.S. chain Nordstrom for 5.9 billion pesos ($293.8 million). Get the Full Story Complete the form to unlock this...

B2B Payments
Indian FinTech Zaggle Launches AP, Credit Card Payments Platform
September 16, 2022

Indian FinTech company Zaggle has reportedly launched a product called Zoyer that brings accounts payable (AP) and credit card payments together on a single platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payments Innovation
Fear, Skepticism Drive Weird Relationship With New Tech
September 16, 2022

While panning PYMNTS’ weekly stream of research and surveys, an unexpected thread of mistrust, misperception and misuse emerged, involving both consumers and businesses, that wove through a range of seemingly disparate topics. Get the Full Story Complete the form to unlock this article and enjoy...

International
EMEA Daily: 5 Companies Join ECB’s Digital Euro Project
September 16, 2022

Today in Europe, the Middle East and Africa (EMEA) news, the European Central Bank (ECB) announces five industry partners that will be involved in a “prototyping exercise” as part of the digital euro project, while Truelayer cuts 10% of its workforce. Get the Full Story...

B2B Payments
Today in B2B Payments: Developers Provide Crypto, Receipt Management Tools
September 16, 2022

Today in B2B payments, CryptoPayments launches new solutions to help make and receive payments in cryptocurrency, while Botkeeper partners with Expensify to streamline monthly receipt management. Plus, Ratio secures $411 million to grow its buy now, pay later (BNPL) and financing platform. Get the Full...