News

Digital Banking
YAP CEO Says Collaboration, Not Competition, Creates More Wins for MENA Neobanks
September 14, 2022

Unconstrained by legacy systems, decades-long financial commitments and the obligations of a full banking license, digital banking apps are shaking things up and introducing a seamless, cost-effective, and flexible way of accessing financial services that continues to threaten the once dominant incumbent model. Get the...

Regulation
U.S. Sen. Graham Mulls Licensing Social Media Platforms
September 13, 2022

U.S. Sen. Lindsey Graham, R-S.C., who has been oft-critical of social media companies, said he wants to regulate and maybe license the companies, including big names like Meta’s Facebook or Twitter, Reuters wrote. Get the Full Story Complete the form to unlock this article and...

Fintech Investments
Deluxe, UK Trade Dept Team on Cross-Border Innovation
September 13, 2022

Deluxe, which works in payments and business technology, has hosted 10 British FinTech companies to help promote collaboration and innovation in financial and business services, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Lease-to-Own FinTech Kafene Nets $18M to Expand Team
September 13, 2022

Lease-to-own (LTO) FinTech company Kafene has raised $18 million in a Series B funding round and will use the new capital to help more merchants offer LTO financing to underserved consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Point of Sale
India’s DASH Platforms Offer Cashfree Payments POS to Merchants
September 13, 2022

Payment and application programming interface (API) banking solutions company Cashfree Payments is supplying its point-of-sale (POS) solution to go-to-market platform for brands DASH, enabling DASH to manage payments from 2,000 merchants in India’s semi-urban Tier-3 areas. Get the Full Story Complete the form to unlock...

B2B Payments
Today in B2B Payments: 3 B2B Marketplaces Add Solutions
September 13, 2022

Today in B2B payments, JOOR adds a B2B payments tool, Taiwantrade.com aims to build an “intelligent mobile ecosystem” and Indeal looks to solve challenges commonly encountered by businesses in Saudi Arabia. Plus, Payhawk launches its spend management solution in the U.S. and now serves 32...

B2B Payments
Maxio Launches Billing, Financial Operations Solution for SaaS Firms
September 13, 2022

Billing and revenue management solutions provider Maxio has launched a one-stop solution that unifies financial operations for software-as-a-service (SaaS) companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Loyalty & Rewards
For Restaurant Loyalty Programs to Pay off, They Must Be Easy to Access
September 13, 2022

As restaurants look to keep visit frequency up in the face of rising consumer anxiety about price, loyalty programs can be a key tool to keep customers coming back. However, while diners may want the discounts in theory, the vast majority are not willing to...

eCommerce
Peloton Embraces Rental Model After Founders Exit
September 13, 2022

Less than 24 hours after the announcement that two co-founders had left the company, connected-fitness pioneer Peloton unveiled a new nationwide rental program Tuesday (Sept. 13) to substantially reduce the cost to new users. Get the Full Story Complete the form to unlock this article...