News

Digital Banking
JPMorgan: Tech and Product Investments to Top $2.8B in 2022
May 23, 2022

J.P. Morgan’s investor day Monday (May 23) had all eyes on Wall Street focusing on net interest margins and CEO Jamie Dimon’s take on macro-related opportunities and challenges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
G-7 Leaders Cold on Crypto, Warm on CBDCs
May 23, 2022

The finance ministers and central bank governors from the G-7 met in Germany last week to discuss global economic issues, including cryptocurrencies and central bank digital currencies (CBDCs).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
UK Lending FinTech Creditspring Raises $60M
May 23, 2022

London-based FinTech Creditspring has raised $60 million in new capital, bring its total funds raised since its 2016 launch to $88 million, the company announced Monday (May 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Today in Retail: GameStop Launches Digital Asset Wallet for Jump Into Crypto, NFTs
May 23, 2022

Today in retail, GameStop rolls out a digital wallet as it gets into cryptocurrency and non-fungible tokens (NFTs). Plus, Wantable lets consumers choose when they cancel subscriptions, the average age of vehicles on American roads is 12.2 years, a diesel fuel price hike has retailers...

B2B Payments
Reduction in Compliance Headaches Linked to Greater Adoption of Digital Business Payments
May 23, 2022

As digital becomes the preferred transaction channel for a growing number of companies, lawmakers worldwide have subjected their practices for the sharing and storage of online data to greater scrutiny. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
PayEngine Snags $10M for Growth and Expansion
May 23, 2022

B2B payments platform PayEngine said it has secured $10 million in Series A funding that it plans to use to grow its team, expand access to clients, develop more financial products and improve its international support offerings, according to a Monday (May 23) company announcement. Get...

B2B Payments
B2B Payments Infrastructure Firm TransferMate Valued at $1B
May 23, 2022

Dublin-based B2B payments infrastructure firm TransferMate has raised $70 million in new funding, valuing the company at $1 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...

Retail
Retailers Seek New Supply Chain Efficiencies to Offset Soaring Diesel
May 23, 2022

If you think the $100 hit from filling your tank with gasoline is bad, imagine how truck drivers and fleet operators feel when they face costs ranging from $700 to $1700 to fuel up a big rig with diesel. Get the Full Story Complete the...

Retail
GameStop Jumps Into Crypto, NFTs With Digital Asset Wallet Launch
May 23, 2022

GameStop Corp. on Monday (May 23) unveiled a digital asset wallet that will let gamers and other store, send, receive and use cryptocurrencies and non-fungible tokens (NFTs) on several decentralized apps without leaving their web browsers, according to a company press release. Get the Full...