News

Europe
Ecobank Group CEO Ayeyemi to Retire; Board Names Jeremy Awori New CEO
September 12, 2022

African banking group Ecobank has announced that its current CEO Ade Ayeyemi will retire after he turns 60 years old, which is in line with the company policy, a press release said. Get the Full Story Complete the form to unlock this article and enjoy...

Europe
Russia Pipeline Shutdown Proves Renewables Financing More Critical Than Ever
September 12, 2022

Across Europe, the continent’s overreliance on Russian gas has been a hot topic ever since relations with the country soured following its invasion of Ukraine earlier this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
Alexa Developer’s Venture, Unlikely AI, Raises $20M in Seed Round
September 12, 2022

Unlikely AI has closed a seed round for $20 million which will go toward developing its approach to artificial intelligence (AI) and adding employees, a press release said Monday (Sept. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Turkish Startup Fimple Raises $2M to Grow BaaS Solutions
September 12, 2022

Turkish startup Fimple has drawn $2 million worth of investments in a two-month, pre-seed tour and aims for global expansion of its cloud-based financial services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Meta Passes the PyTorch AI Research Framework to Linux
September 12, 2022

Community-driven artificial intelligence (AI) research framework PyTorch will be moving from Meta to a new, independent PyTorch Foundation that will be part of the Linux Foundation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Europe
EMEA Daily: Turkish Banks Reduce Lending Due to Regulations; Electrolux Sees Scaling Back on Appliance...
September 12, 2022

In today’s news from Europe, the Middle East and Africa (EMEA), Turkish banking regulations are causing banks to pull back on corporate lending, Electrolux is facing weak demand for home appliances and more. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Today in B2B Payments: 2 Companies Offer B2B Solutions for Workplace Meals
September 12, 2022

Today in B2B payments, DoorDash adds news features to its DoorDash for Work product suite, while Freshly launches a B2B arm called FreshlyWell. Plus, Chargezoom CEO Matt Dubois talks with PYMNTS after his company raises $10 million in a Series A funding round. Get the...

B2B Payments
Starting a Startup’s Financial Team — From Outsourced to In-House
September 12, 2022

When a startup reaches a certain scale, outsourcing finance operations isn’t an option anymore. 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...

Banking
Turkish Banks Reduce Corporate Lending Due to New Banking Regulations
September 12, 2022

Turkish banking regulations meant to keep the cost of credit low for small to medium-sized businesses (SMBs) and exporters are reportedly causing banks to pull back on corporate lending.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...