News

Payments Innovation
How ‘Super FinTechs’ Enable Go Anywhere Banking Services
May 31, 2022

In much the same way that a myriad of standalone apps are now converging into “super apps,” the emerging “super FinTech” model is powering new payment experiences leveraging digital trust for banks, nonbanks, FinTechs, moving the connected economy ahead in the process. Get the Full...

Banking
Consumer Demand Driving Banking-as-a-Service Innovation
May 31, 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...

Payment Methods
Demand for Embedded Payments Ignites Fierce Competition Among POS Providers
May 31, 2022

With each passing day embedded payments is becoming a bigger part of the payments ecosystem, and it takes an army of different companies to make that happen at scale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Fintech Investments
Global Startup Uncertainty Drives Mega Investments in Africa’s Burgeoning Tech Scene
May 31, 2022

$4.6 billion. 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...

Regulation
Authorized Push Payment Fraud Challenges CFPB’s Open Banking Stance
May 30, 2022

Despite the absence of specific legislation mandating the use of open banking in the U.S., this practice is growing across the country. Open banking — when banks and financial institutions provide third parties with access to customers’ financial data — allows third parties to initiate...

Regulation
SEC, CFTC’s Crypto Aspirations To Be Tested by Courts, Lawmakers
May 30, 2022

Oversight of crypto assets is a hot regulatory topic in the U.S. 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...

Investments
B2B Retail Marketplace Betastore Nets $2.5M to Outfit Shops in Africa
May 30, 2022

B2B retail market Betastore, based in Nigeria, has raised $2.5 million to help informal shops in West and Central Africa with financial issues and stock-outs, a report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

eCommerce
Turkish eCommerce Firm Trendyol Expands to Berlin
May 30, 2022

Turkish eCommerce firm Trendyol has opened an office in Berlin, its first office outside of its home country, per a report in Tech Funding News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
B2B Payments Firm PayMate India Files to Go Public
May 30, 2022

Payments and service provider PayMate India has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India to raise funds through an initial public offering (IPO), according to a Livemint report. Get the Full Story Complete the form to unlock...