News

B2B Payments
Paystand Upgrades Sage Intacct Integration for B2B Collections
October 06, 2022

Blockchain-enabled B2B payment company Paystand has announced numerous upgrades to its Sage Intacct integration to boost cash velocity and add more automation, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
FinTechs Foster Digital Transformation in Smaller, Overlooked African Markets
October 06, 2022

In the technological transformation of payments, it is often the smallest economies that are the last to modernize. At the same time, international payment rails and monetary infrastructures tend to focus on the most widely used currencies before turning their attention to smaller, more obscure...

IPO
Platforms Drive 1.3% Gain in FinTech IPO Index to Start Q4
October 06, 2022

A week in, and October’s been a see-saw. Coming off the end of a dismal quarter and lurching toward the end of a dismal year, the FinTech IPO Index has managed, at least this past week, to notch a slight gain … to the tune...

B2B Payments
Today in B2B Payments: Partnerships Ease Marketplace Payments, Logistics
October 06, 2022

Today in B2B payments, Balance and Mirakl partner to enable seamless payments on B2B marketplaces, Procurant and Uber Freight Team to streamline logistics for suppliers of fresh produce, and Tempo France and Orokii open a remittance corridor. Plus, Jiko raises $40 million to “transform the...

Banking
Digital Lenders Flood UK Mortgage Market as Battle Against Incumbents Grows
October 06, 2022

As U.K. consumers become ever-more open to digital banking, the range of services offered by digital-first banks has been expanding to meet that demand. But depending on the products and services offered, traditional banks have not completely lost consumers to disruptive FinTech players, as consumers’...

Cross-border Payments
EMEA Daily: Euro, Dollar Clearing Agencies Prep for Real-Time Transatlantic Payments
October 06, 2022

Today in Europe, the Middle East and Africa (EMEA) news, The Clearing House (TCH), EBA CLEARING, and SWIFT are on track to begin piloting their transatlantic instant payment system known as Immediate Cross-Border Payments (IXB). Meanwhile, the day after the European Commission published a draft...

Investments
Tiger Global Looks to Raise $6B for New Fund to Invest in Startups
October 06, 2022

Hedge fund Tiger Global is looking to raise $6 billion in a new fund, even as investors shy away from venture backing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Trader Joe’s Brings Back Sampling as Competition from eGrocery Grows
October 06, 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...

Cross-border Payments
Euro, Dollar Clearing Agencies Prep for Real-Time Transatlantic Payments
October 06, 2022

The Clearing House (TCH), EBA CLEARING and SWIFT are on track to begin piloting their transatlantic instant payment system known as Immediate Cross-Border Payments (IXB), the three organizations stated today (Oct. 6) in a joint press release. Get the Full Story Complete the form to...