News

Banking
P2P Payments Fraud Suggests Liability Gray Area
July 12, 2022

Peer-to-peer (P2P) transactions between bank accounts are gaining in popularity, evidenced by the triple-digit percentage gains in Zelle and Venmo volumes, due in part to faster payment rails. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
LianLian Global Eyes Hong Kong IPO as it Seeks New Funding
July 12, 2022

Cross-border payments company LianLian Global could seek as much as 1.5 billion yuan ($223 million) as the Ant Group competitor eyes an initial public offering (IPO) in Hong Kong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Should Banks Be Liable for Unauthorized Push Payments Fraud?
July 12, 2022

“Caveat emptor,” goes the old saying — buyer beware. 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,...

Investments
BlackFin Closes €350M Fund for European FinTechs, InsurTechs
July 11, 2022

BlackFin Capital Partners has announced Monday (July 11) a second closing, for €350 million ($351 million), of its Tech 2 fund, which is dedicated to European FinTechs and InsurTechs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Today in B2B Payments: SMBs Face Billing Woes; Digital Payments Pave Way for Car Dealers
July 11, 2022

Today in B2B payments, almost half of businesses say their current systems can’t accommodate virtual cards, while automation is one way to transform your company into a future-focused organization. Plus, Vegrow will expand its AgriTech offering thanks to a recent $25 million funding round. Get...

Faster Payments
Real-Time Payments Tracker: Corporate Treasurers and Payment Execs Increasingly Captivated
July 11, 2022

We’ve got a long way to go before we see anything close to universal acceptance — or a shift to a corporate world awash in real-time payments — but a growing number of corporate treasurers and billing and payment executives are paying more attention than...

International
EMEA Daily: Innovation Key Issue in UK Leadership Race; GoHenry Acquires PixPay to Strengthen Youth...
July 11, 2022

Innovation and Digital Transformation Key Issues in UK Leadership Race 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...

Retail
The Data Point: Subscribers Stocked up on Food, Staples Over Walmart+ Weekend
July 11, 2022

Economic upheavals continue, drawing focus to the big annual discounting events of retail archrivals Amazon and Walmart. Among members of their respective membership programs, PYMNTS has observed patterns that show clear consumer preferences around each. Get the Full Story Complete the form to unlock this...

Delivery
Instacart, Uber, Others Turn to Driver Perks to Combat Capacity Constraints
July 11, 2022

As driver labor challenges persist, delivery services are challenged to work harder to attract and retain the gig workers that make their model possible, or else they risk alienating their customers with poor service and frustrating capacity constraints. Get the Full Story Complete the form...