News

Social Commerce
Instagram to Retool Shopping Experience, Focus More on Ads
September 06, 2022

Instagram will be cutting back on its shopping features, according to a report Tuesday (Sept. 6) from The Information, citing an internal memo the company sent to staff. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Paper Checks Pose Major Risk to Corporate Coffers
September 06, 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...

B2B Payments
Today in B2B Payments: 5 Companies Add Resources to Expand
September 06, 2022

Today in B2B payments, five companies add various sorts of resources that will help them expand. Chargezoom raises $10 million, Nectar gets $25 million in credit and Eezee raises $7.5 million to grow its team and develop products. Plus, Aquila acquires Cibar, while TriNet buys...

International
US Merchants Now Get 14% of Sales From APAC-Based Consumers
September 06, 2022

Cross-border commerce is becoming increasingly vital to merchants’ top line momentum. 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...

Investments
CashFlo Raises $8.7M to Extend Reach of Supply Chain Finance in India
September 06, 2022

Indian supply chain finance startup CashFlo has raised 700 million rupees (about $8.7 million) to reach more customers with its existing products and to develop new products for businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Payment Methods
Binance, Inswitch Roll Out Binance Pay to LatAm Merchants
September 06, 2022

Embedded payments finance Inswitch has teamed up with cryptocurrency platform Binance to offer Binance Pay to all merchants in Latin America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Convenience Stores Boost Prepared Food Offerings to Gain Share from Restaurants
September 06, 2022

As food prices continue to rise, and consumers continue to seek out cost-effective meal solutions that do not require the time it takes to cook from scratch, convenience retailers are boosting their prepared food offerings. They are promising ready-made meals at relatively low prices compared...

B2B Payments
B2B Payment Funding Down — But Not Out
September 06, 2022

Venture capital, private equity, seed and angel funding have been in the doldrums this summer, but there has been activity in the B2B payments space. According to Crunchbase, 10% of the top 100 most recent transactions were in the B2B FinTech space. Get the Full...

Payment Methods
Monavate Provides Prepaid Card Scheme for Maps.me
September 06, 2022

U.K.-based FinTech Monavate has announced a new prepaid Mastercard card product in collaboration with Maps.me that will allow the travel app developer’s 60 million users to make payments wherever Mastercard is accepted, according to a Tuesday (Sept. 6) press release. Get the Full Story Complete...