News

B2B Payments
Mid-Market US Firms Use Real-Time Payments Only 4% of the Time
June 30, 2022

Real-time payment usage varies drastically among firms of different sizes, according to “Accelerating the Time to Realized Revenue,” a PYMNTS and Mastercard collaboration based on a survey of 400 corporate executives. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
FinTech IPO Index Closes Q2 Down 43% for the Year
June 30, 2022

No respite into the end of the quarter. 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...

CFPB
CFPB Ends Special Regulatory Treatment for Payactiv
June 30, 2022

The Consumer Financial Protection Bureau (CFPB) has ended financial services provider Payactiv’s Sandbox Approval Order for its earned wage access products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
40% of Companies Cite Late Payments as Primary Invoicing Headaches
June 30, 2022

Automating accounts receivable (AR) and accounts payable (AP) processes through enterprise resource planning (ERP) solutions has become the gold standard for companies seeking to streamline operations and cut down on manual tasks and errors. Get the Full Story Complete the form to unlock this article...

Loyalty & Rewards
McDonald’s App Headed to ‘Summer Camp’ as Restaurants Push Limits on Loyalty
June 30, 2022

Fast food giant McDonald’s is joining a slew of restaurants seeking to diversify their in-app experiences beyond the standard ‘earn-and-burn’ loyalty point offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Decathlon and Payer Strike Deal for Digital B2B Invoicing
June 30, 2022

Decathlon, a chain of department stores that operates throughout Europe and says it stocks equipment for some 70 sports, will use a digital B2B invoicing platform from Payer, the technology company announced Wednesday (June 29). Get the Full Story Complete the form to unlock this...

Investments
SMB Financing Firm OppZo Announces $260M Fundraise
June 30, 2022

OppZo Inc., which calls itself a “mission driven financial technology company focused on unlocking access to capital for small and medium sized businesses,” announced Thursday (June 30) that it had raised $260 million in debt and equity financing. Get the Full Story Complete the form...

Regulation
Today in TechREG: EU Agrees on Strong AML Rules for Crypto Transactions; CFPB Warns Debt...
June 30, 2022

Today in TechREG, European Union negotiators have reached an agreement about the scope of anti-money laundering (AML) rules for cryptocurrency transactions. While most of the transactions will need to be recorded and reported to the authorities if requested, some small transactions among unhosted wallets may...

IPO
S Korean App-Based Lender K Bank Files First Application for IPO
June 30, 2022

South Korean app-based lender K Bank has submitted a preliminary application to conduct an initial public offering (IPO) in the country, Reuters reported Thursday (June 30) based on a statement from the Korea Exchange. Get the Full Story Complete the form to unlock this article...