News

Banking
The Data Point: Younger Consumers Seek Convenience of Bundled Banking
July 14, 2022

In a world of disintermediated financial products, consumers still show a strong propensity for one banking relationship that brings it all together — and many will switch to get that. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
UK Retirement Tech Firm Smart Raises $47M
July 14, 2022

Smart, a London-based company that provides retirement technology, has raised 40 million pounds ($47.5 million) in growth financing from CIBC Innovation Banking, according to a Thursday (July 14) press release. Smart will use the funding to expand its market growth, launch new products and make...

Faster Payments
Corporate One Federal Credit Union on the Impact of Larger RTP® Network Transactions
July 14, 2022

The RTP® network raised the bar for real-time payments with its $1 million transaction limit. In the "Real-Time Payments Tracker®," Corporate One Federal Credit Union CEO Melissa Ashley tells PYMNTS about other ways the limit increase is changing the game, from housing to cars to...

Banking
Embedded Finance Experiences Should Be as ‘Easy as an iPhone’
July 14, 2022

Jim McCarthy, president of i2c, told PYMNTS’ Karen Webster that banking is sure to follow the “embedded path” we’ve seen pretty much everywhere else in life. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Loyalty & Rewards
For Consumers at Checkout, Cash Back, Not Coupons, Is King
July 14, 2022

Unraveling mysteries of the consumer psyche stumps the best of them, but this much seems clear: Consumers react differently to discounts versus cash back, and that’s a vital distinction in 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Delivery
Deliveroo UAE Debuts Rapid Delivery Grocery Service
July 13, 2022

Deliveroo UAE is rolling out a rapid grocery delivery service called Deliveroo Hop, a store that in partnership with retailer Choithrams will offer deliveries in as little as 15 minutes, a press release said. Get the Full Story Complete the form to unlock this article...

Investments
India’s Mobile-First FinTech OneCard Nets $100M on $1.4B Valuation
July 13, 2022

FPL Technologies, which offers credit cards under the name OneCard, has become a unicorn after a funding round that valued the company at over $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

eCommerce
DiMuto Debuts B2B eCommerce Marketplace for AgriFood Industry
July 13, 2022

DiMuto, an AgriFood trade solutions firm, has debuted a B2B eCommerce marketplace connecting AgriFood suppliers, growers and exporters to importers, wholesalers and retailers, according to a Tuesday (July 12) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
What Will London’s Place Be in the Future of Global Clearing?
July 13, 2022

Investors would argue that New York, home to the two largest stock exchanges in the world, is clearly the nerve center of the global economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...