News

B2B Payments
Keeping Customer Payments In-House a Win-Win for Businesses
May 06, 2022

It’s a strategic mistake for merchants to send customers to a third-party payment provider right at the end of their purchase journey. Instead, they should keep the customer within their own ecosystem.  Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
For B2B Sellers, Merchant Fees Can Enable Working Capital for Buyers
May 06, 2022

In the business-to-business (B2B) space, a seller’s ability to accept credit cards and debit cards with no merchant fees — instead shifting the fees to the payer — can have benefits for both sellers and payers, Aditya Mishra, vice president of product management at Plastiq,...

Regulation
FinCEN Looks to Turn Tech Sprint Proposals Into Regulatory Actions
May 06, 2022

For a few weeks in April, experts in digital identity from banks, vendors, FinTech, law firms and regulators worked in the Digital Identity Tech Spring to develop ideas about how to tackle the increasing problem of identity theft in remote customer onboarding.    Get the Full Story...

Investments
Canadian Digital Bank Neo Financial Nets $145.2M
May 05, 2022

Neo Financial, the Canada-based digital bank, has raised 185 million in Canadian dollars ($145 million) in a funding round, a report from The Bharat Express News said Thursday (May 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payment Methods
Nacha Debuts Resource Guide for Voice Payments
May 05, 2022

Nacha’s Payments Innovation Alliance has made a legal and risk-mitigation resource guide for financial institutions that want to add voice payments capabilities, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Mobile Commerce
TikTok Debuts ‘Pulse’ Ad Program for Top Content
May 05, 2022

TikTok has debuted a new service called Pulse, which a company blog post says will add more advertising options for brands to get more in touch with cultural issues and events. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Investor Group Including Ex-Disney CEO Buys $263M Stake in Pop Brand Funko
May 05, 2022

Multi-stage investment group The Chernin Group (TCG) will be investing $263 million in Funko, according to a Thursday (May 5) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
Amid Thursday’s Tech Bloodbath, FinTechIPO™ Names Hit Harder Than the Market
May 05, 2022

Yes, it was bad. 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 Today. By completing this form, you agree to receive marketing...

Investments
Rali_cap Debuts $30M Fund for Emerging-Markets FinTech
May 05, 2022

Rali_cap, an early-stage venture capital firm investing in emerging markets FinTech, has increased its new fund by $10 million, Yahoo reported Thursday (May 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...