News

Payment Methods
Data: Real-Time Payments Usage Rising Among Mid-Market Companies
May 15, 2022

Fifteen percent of companies from four industries with annual revenue between $50 million and $1 billion currently use real-time payments to make or receive payments, according to “Real-Time Payments: The Fast Track To The Future Of Corporate Payments,” a PYMNTS and The Clearing House collaboration...

Security & Fraud
Treasury Dept. Outlines Strategy to Fight Terrorist Funding, Illicit Finance
May 13, 2022

The U.S. Department of the Treasury issued its strategy for fighting illicit financing Friday (May 13), highlighting measures designed to make the financial system more transparent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
PYMNTS Digital-First Banking Tracker: Younger Consumers Still Enjoy in-Person Banking
May 13, 2022

Picture two banking customers: one a recent college grad who’s never known life without the internet, the other a recent retiree who grew up using rotary phones. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
FinTech Ant Group Hires for Singapore Digital Bank
May 13, 2022

Chinese FinTech giant Ant Group is looking to hire 20 new positions in Singapore as part of an expansion across Southeast Asia, according to a LinkedIn post on its company page Friday (May 13), marking one of the company’s largest employment sprees in Singapore. Get...

B2B Payments
Today in B2B: FIs Work to Give Corporate Clients Centralized Financial View; BlueTape Virtual Card...
May 13, 2022

Today in B2B payments, AP automation is making a big difference in the construction industry, while Sage acquires Futrli to help SMBs and accountants manage their finances. Plus, the increasing reliance on the cloud puts more focus on digital identities, and Nigerian FinTech Tingo merges...

News
Sage Acquires Futrli to Help SMBs, Accountants Manage Finances
May 13, 2022

Sage, a technology provider for accounting, financial, HR and payroll departments at small- to medium-sized businesses (SMBs), on Thursday (May 12) said it had finalized its acquisition of U.K. cash flow forecasting software platform Futrli, in a company press release. Get the Full Story Complete...

eCommerce
After $100B Valuation, eCommerce Giant Shein Sees Sales Slow
May 13, 2022

One month after raising enough money to value itself at $100 billion, Chinese fast fashion brand Shein is suffering from slowing sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Today in Retail: Honest Sees Retail Partners as Key to Sales Rebound; Walmart’s Upcoming Earnings...
May 13, 2022

Today in retail, The Honest Company relies on its retail partnerships to get it out of a yearlong sales slump, while Walmart’s quarterly earnings report next week will carry some valuable insight for the future of the retail sector. Plus, Tesco adds flexible working space...

B2B Payments
‘Seeing Is Believing’ for Corp Clients When It Comes to Cash Flow and Liquidity
May 13, 2022

Aware of the need for modernization, most financial institutions (FIs) are innovating or planning to innovate new digital solutions to reduce their enterprise clients’ key B2B payments frictions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...