News

Fintech Investments
Today in FinTech: Accountable to Expand With Funding; Feds Plan Lending Rules Update
May 05, 2022

In today’s FinTech news, Accountable has fresh capital for its mission to ease accounting and tax handling for freelancers, while Western Union and PagaPhone are making it easier to send money to Mexico. Plus, the Federal Reserve is overhauling old lending rules for digital times....

Payment Methods
US Treasury Rule Could Pave Way for On-Demand Wage Payments
May 05, 2022

Each year, the U.S. Department of Treasury issues its General Explanations of the Administration’s Revenue Proposals, commonly known as the “Green Book.” This year, the Treasury proposed clarifications and amendments to the Internal Revenue Code to address on-demand pay arrangements. The agency released the Green...

Retail
Grocery Roundup: Whole Foods Hits a Snag; In-Supermarket Video Marketing Expands
May 05, 2022

Amazon’s efforts to redirect its brick-and-mortar focus toward grocery may not be going as planned. The Wall Street Journal (WSJ) reported Tuesday (May 3) that the company is closing six Whole Foods Market stores, with five of those locations closing Friday (May 6). Get the...

Retail
Today in Retail: Lightspeed Commerce Launches Lightspeed Retail; Etsy Looks to Emerge From Retail ‘Sea...
May 05, 2022

Today in retail, the steel industry is ripe for digital transformation while 5G helps retailers launch contactless shopping experiences. 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...

B2B Payments
FinTech NuovoPay, B2B Software Firm PaygOps Debut Financing Via Smartphone
May 05, 2022

Smartphone-locking FinTech platform NuovoPay has teamed up with B2B Software as a Service (SaaS) platform PaygOps to enable accessibility for smartphone financing through digital technology procurement along with solar home equipment, according to a ProMobi Technologies press release Thursday (May 5). Get the Full Story...

Digital Banking
ConnectOne Bank Teams With Nymbus on Digital Business Banking Platform
May 05, 2022

ConnectOne Bank, a subsidiary of ConnectOne Bancorp, Inc., on Thursday (May 5) announced a partnership with cloud-native banking technology platform Nymbus to offer digital business banking solutions, according to a joint press release. Get the Full Story Complete the form to unlock this article and...

B2B Payments
4 in 10 Businesses Plan to Enable Payments Directly From Digital Invoices
May 05, 2022

As businesses make their plans to implement payments innovations, the ability to enable payment from invoice tops the list. 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...

Investments
Accountable Raises €10M Total in Extended Series A
May 05, 2022

Mobile tax and financial services startup Accountable secured a total of €10 million ($10.5 million) in an expanded Series A funding round, bringing its total raised since launching to €16 million, EU-Startups reported Thursday (May 5). Get the Full Story Complete the form to unlock...

eCommerce
Lightspeed Commerce Unveils Retail Platform
May 05, 2022

Commerce platform Lightspeed has launched Lightspeed Retail, an offering that combines advanced POS, payments and eCommerce into one platform. 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...