News

Cross-border Payments
26% of UK, US Firms Significantly Increase X-Border Workforce Despite Challenges
November 15, 2022

The challenges that come with hiring internationally could easily deter organizations from tapping into the worldwide talent pool. 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...

B2B Payments
Raft and PayCargo Partner on Payment Process for Freight Forwarders
November 15, 2022

Freight bookings and accounts payable (AP) management company Raft has partnered with all-in-one logistics payment platform PayCargo to enhance the payment process for freight forwarders.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payments Innovation
Digitization of Rail Transport Enables Seamless Journeys for Europe’s Passengers
November 15, 2022

Just like consumers now expect to be able to book a single journey with multiple airlines in one transaction, rail booking platforms like Trainline and Omio have become essential tools for Europe’s rail travelers who don’t fancy navigating multiple train booking systems to purchase tickets....

Banking
Neobank Licensing Sets Stage for Saudi FinTech Acceleration
November 15, 2022

In the evolution of FinTech in any given market, there are certain phases and milestones that can be observed. For example, the development of payment applications typically precipitates a wave of digital banks that cater to increased consumer appetite for digital payments.  Get the Full...

Retail
Third-Party, White-Label Solutions Boost Luxury Recommerce Growth
November 15, 2022

Researchers at Spain’s Universitat Politècnica de Catalunya recently published a study showing that reusing 1kg of clothing could save 25 kg of carbon dioxide emissions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Mastercard Projects 15% Growth in Black Friday Spending
November 15, 2022

Mastercard is offering a sunny forecast for Black Friday, with its SpendingPulse report projecting a 15% growth in retail sales on the day after Thanksgiving. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
UK FinTech Banked Raises $15M for US Expansion
November 15, 2022

U.K.-based FinTech Banked has raised over $15 million in a Series A round, according to a press release on Tuesday (Nov. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Neobank Varo Begins Offering Zelle Access
November 15, 2022

Varo will offer the peer-to-peer payment network Zelle as part of its mobile app, the digital bank announced Tuesday (Nov. 15). 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...

Payment Methods
POSaBIT Debuts New Version of Cannabis Sales Platform
November 15, 2022

Cannabis industry FinTech POSaBIT has debuted an enhanced version of its point-of-sale platform as the sector sees continued demand for new payment services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...