News

Retail
Klarna Launches Retail Pop-up in LA
July 18, 2022

Swedish FinTech/buy now, pay later (BNPL) provider Klarna is set to open its American retail pop-up store in Los Angeles this weekend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payment Methods
Citi Says P2P Payments Are Direct Deposits to Avoid Fees
July 18, 2022

Citi is now accepting peer-to-peer (P2P) payments as direct deposits that qualify for checking account monthly service fee waivers, according to a Monday (July 18) statement emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Smart Credit Card Company X1 Card Raises $25M in Series B Funding
July 18, 2022

Smart credit card company X1 Card on Monday (July 18) raised $25 million in a Series B funding round that it plans to use for product innovation and growth ahead of its availability to the general public in the coming weeks, according to a company...

Banking
UK FinTech Starling Scuttles EU Banking License
July 18, 2022

Starling Bank, the U.K.-based digital bank, has curtailed its international expansion plans, halting its attempt to win a banking license in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Why 40% of Businesses Are Making AP Innovation a Priority
July 18, 2022

When firms expect their monthly payables to increase and are concerned about how efficiently they can process them, they’re likely to be upgrading or planning to upgrade their payment platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Social Commerce
Instagram Users Can Now Buy Products in Chat
July 18, 2022

Instagram has announced that shoppers can now make payments in chat for items they see while they scroll through their social media feeds, according to a Meta Platforms blog post Monday (July 18). Get the Full Story Complete the form to unlock this article and...

Investments
Meow Raises $22M in Series A Funding Round
July 18, 2022

Crypto corporate treasury firm Meow raised $22 million in a Series A funding round led by Tiger Global, with participation from QED Investors, FTX and others, as the startup moves to grow its workforce and expand its product features. Get the Full Story Complete the form to...

Retail
Changing Work Patterns Leave Starbucks Weighing Sale of UK Unit
July 18, 2022

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Banking
Paycheck-to-Paycheck Consumers Drive Bundled Banking, Connected Economy
July 18, 2022

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