News

Retail
AMZN vs WMT Weekly: Retailers on the Move With Walk, Run, Drive, Fly Plans
April 08, 2022

We’re all familiar with that “No Stopping, Standing, Parking” sign that is frequently found in high-traffic areas and is aimed at keeping motorists — and more broadly speaking, commerce — on the move. While concise in its messaging, the underlying cause of the sign’s existence...

Regulation
FinCEN Praised Automated AML Systems, Digital Identity Solutions
April 08, 2022

The Financial Crimes Enforcement Network (FinCEN) has intensified its fight against money laundering for the last few years. But in this endeavor, the regulator relies on companies to establish solid anti-money laundering (AML) programs to detect illicit conducts and if they don’t have one, they...

Regulation
TechREG Weekly: Countries Are Luring Crypto Firms With Friendly Regulation
April 08, 2022

Regulators are luring crypto firms with crypto-friendly regulations, or at least, they are trying to do so. The U.K. government announced new plans to bring stablecoins withing a regulatory framework, paving their way for use in the U.K. as a recognized form of payment. In...

eCommerce
Madrid FinTech RITMO Grabs $200M+ to Grow eCommerce Financing and Payments Platform
April 08, 2022

Madrid-based FinTech RITMO on Friday (April 8) secured over €184 million (more than $200 million) in a debt funding round that will help the company bolster its financial operating platform for online sellers by making capital more accessible to sellers across Europe and Latin America,...

Faster Payments
FIs Respond to Customer Demand for Better, Seamless Bill Pay
April 08, 2022

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B2B Payments
$1M RTP Limit Will Improve Supply Chains as B2B Moves Beyond Paper Checks, ACH
April 08, 2022

The transition from paper check to electronic payments would seem a logical leap for B2B payments, mirroring the growth happening in consumer-facing commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Loyalty & Rewards
Filling a Cash Back Void for Consumers, Businesses Across MENA
April 08, 2022

In the world of retail shopping, Rakuten (formerly known as Ebates) is considered one of the pioneers of online cash back shopping and services, generating a 15.5% year-over-year revenue increase to hit 1.68 trillion yen ($14.5 billion) in 2021. Get the Full Story Complete the...

IPO
Indian FinTech BankBazaar Plans IPO in 2023, Expects to Hire 1,500
April 07, 2022

BankBazaar.com, a FinTech co-branded credit card issuer and online platform for free credit score, will go for an IPO in 2023, a report in the Times of India said Thursday (April 7). Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Today in B2B: Ibotta Launches a Retail Rewards Network; Peeba Raises $4.2M to Help Asia-Pacific...
April 07, 2022

Today in B2B payments, real-time payments improve the cross-border B2B customer experience, and consumers want more flexible terms for mobile device payments. Plus, PayRetailers makes a pair of acquisitions to bring some unity to the fragmented Latin America eCommerce sector. Get the Full Story Complete...