News

eCommerce
Quark.ai Launches Autonomous B2B eCommerce Support After Fortune 500 Pilot
May 18, 2022

Autonomous customer/field support platform Quark.ai on Wednesday (May 18) launched its autonomous support platform for B2B eCommerce after completing a pilot program of the offering with a Fortune 500 company that sells millions of high-tech products online. Get the Full Story Complete the form to...

Payment Methods
WhatsApp Offers Pay Button in Brazil, India
May 18, 2022

Meta Platforms-owned messaging platform WhatsApp says it wants to make it easier for users in Brazil and India to make payments with a new “Pay” button. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
EMEA Daily: UK to Unveil New Rules to Target Push Payment Fraud
May 18, 2022

In today’s top Europe, Middle East and Africa (EMEA) news, the United Kingdom’s Payment System Regulator (PSR) gets ready to roll out new rules targeting authorized push payment (APP) fraud. Plus, Dubai-based FinTech Pemo lands $12 million in seed funding, African health startup CarePoint raises...

Investments
Apis Invests in B2B Micropayments Platform DT One
May 18, 2022

Private equity fund Apis Growth Fund II is investing in B2B digital micropayments platform DT One to help the Singapore-based company continue expanding into more countries and explore new M&A opportunities.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
New Study: Half of US Businesses’ Invoices Become Overdue
May 18, 2022

Capital management is a constant challenge for all types of businesses, requiring them to invest vast sums to manage cash flow, accounts payable (AP), accounts receivable (AR) and other related tasks.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Kenyan Software Startup Bamba Secures $3.2M Seed Funding
May 18, 2022

Enterprise software startup Bamba secured $3.2 million in a seed funding round led by 468 Capital with participation from Presight Ventures, Jigsaw VC and angel investors Mato Peric, Leonard Stiegeler, Laurin Hainy and Thomas Stafford. Get the Full Story Complete the form to unlock this article and...

Regulation
EU Regulator Launches PSD3, Open Finance Consultations
May 18, 2022

The European Commission has launched a public consultation to gather information for its review of the second EU Payment Services Directive (PSD2). The same day, the EU regulator also published two targeted consultations, one on technical matters related to PSD2 and another on open finance. ...

Investments
African Healthcare Startup CarePoint Raises $10M
May 18, 2022

Ghana-based healthcare startup CarePoint has raised $10 million in a bridge funding round as it builds a series of what it calls “micro-tech-enabled-clinics,” per reports on Wednesday (May 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Dubai-Based FinTech Pemo Snags $12M in Seed Funding
May 18, 2022

Dubai-based FinTech Pemo has raised $12 million in a seed funding round that it will use for continued product development and expansion across the Middle East and North Africa, according to a Magnitt report Wednesday (May 18). Get the Full Story Complete the form to...