News

B2B Payments
i2c, PingPong Team up on Cross-Border eCommerce
April 06, 2022

Digital payments and banking company i2c has joined forces with Chinese tech unicorn PingPong to provide cross-border eCommerce payment solutions to business owners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Personalized Payment Experiences Pave Way for Streamlined B2B eCommerce
April 06, 2022

With more businesses selling online or via mobile apps, more consumers are hopping online to shop and pay. Merchants are therefore pressed to ensure that they are delivering cross-border payments experiences that are fast and seamless while also supporting payment preferences that vary widely from...

Retail
Data Point: 26% Won’t Buy Durable Goods at Retailers Without Lease-to-Own Option
April 06, 2022

From furniture to major appliances, durable goods are a necessity that many are finding hard to afford in an inflationary climate. With alternatives either limited or unappealing, more consumers seek lease-to-own (LTO) payments and the retailers offering this type of financing. Get the Full Story...

Investments
Binance.US Brings in More Than $200M in First Fundraising Round
April 06, 2022

Binance.US, the American arm of the world’s largest cryptocurrency exchange by trading volume, recently closed its first external fundraising effort, bringing in more than $200 million at a pre-money valuation of $4.5 billion, according to a CoinDesk report Wednesday (April 6). Get the Full Story...

Investments
Trucking Platform SmartHop Raises $30M, Plans Expansion
April 06, 2022

Smart trucking platform SmartHop announced Wednesday (April 6) it’s poised to expand following a $30 million Series B funding round. 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
German HealthTech Avi Medical Raises $54.5M
April 06, 2022

Avi Medical, the Munich-based HealthTech provider of telemedicine services, has raised 50 million euros ($54.5 million) in a Series B funding round, the lead funder announced Wednesday (April 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Discover Launches Checking Account With Cash-Back Rewards
April 06, 2022

Discover is introducing a checking account with cash-back rewards, early access to paychecks and a mobile-first digital banking experience, according to a Wednesday (April 6) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Today in Retail: Kroger, Bed Bath & Beyond Expand Partnership; Rihanna Joins Forbes’ List of...
April 06, 2022

Today in retail, payments providers must offer value-added services to their customers, while Mastercard SpendingPulse shows continued return to pre-pandemic consumer spending. Plus, KimChi Chic Beauty line gets a retail home in 139 CVS BeautyIRL locations, lease-to-own plans are providing a boost to retailers and...

Security & Fraud
Fake Bank Records Spotlight Need for Advanced Tech in B2B Identify Verification
April 06, 2022

The internet is a curious place — a digital bazaar where anything can be had, for a price. 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...