News

MENA
Digital Payments Unlock FinTech Sector Growth in Jordan
October 13, 2022

As it did in many countries around the world, the COVID-19 pandemic accelerated the adoption of electronic payment systems in Jordan and catalyzed a major digital transformation among the country’s businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Delivery
Millennials Top Spenders on Digital Food Orders
October 12, 2022

Restaurants looking to attract millennial customers and drive up average order value would be best suited to look to their digital channels rather than their on-premise business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Loyalty & Rewards
UK Retailers Count on Affordability, Omnichannel Sales to Foster Customer Loyalty
October 12, 2022

With consumer sentiment at an all-time low due to a worsening cost-of-living crisis, devising strategies to help United Kingdom customers shop and save money seems to be at the top of retailers’ minds, especially ahead of the annual holiday shopping season. Get the Full Story...

Europe
EMEA Daily: Mastercard Backs nClude to Boost Financial Inclusion, FinTech in Egypt
October 12, 2022

Today in Europe, the Middle East and Africa, Mastercard announced an investment in Egypt’s FinTech-focused venture capital platform nClude and HSBC launched a new digital receivables finance solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
HSBC, Trade Ledger Launch Digital Receivables Finance Tool
October 12, 2022

The London-based Lending-as-a-Service FinTech Trade Ledger  Thursday (Oct. 11) announced the launch of HSBC’s new digital finance receivables solution, built with the Trade Ledger platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Today in B2B Payments: Firms Launch Tools for Restaurants, SMBs
October 12, 2022

Today in B2B payments, Walmart announces upcoming changes to its data monetization platform, Toast helps restaurants with catering and wholesale orders, and Nuvei adds a payments interface for businesses of all sizes. Plus, TripActions raises $300 million, while BNP Paribas agrees to buy Kantox. Get...

Loyalty & Rewards
How Many Lattes Does a Delta Ticket to London Cost?
October 12, 2022

Starbucks is looking to woo travelers, enabling its loyalty program members to double dip on rewards by also earning Delta SkyMiles, but the remarkably low conversion rate suggests that the partnership is more of a publicity stunt than a real benefit for its customers. Get...

Artificial Intelligence
BofA Virtual Assistant Erica Surpasses 1B Interactions
October 12, 2022

Bank of America announced Wednesday (Oct. 12) that its virtual financial assistant Erica has surpassed 1 billion interactions with clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
TripActions Raises $300M to Expand Travel, Expense Management Platform
October 12, 2022

Travel and expense management platform TripActions has raised $300 million in a Series G round and said it will use the new funding to accelerate its global expansion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...