News

B2B Payments
Digitization, Automated AP Help Reduce B2B Payments Fraud
March 28, 2022

Cybercriminals now operate on a wide scale, and they use a variety of sophisticated tactics to compromise security measures and commit B2B payments fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
UK’s Ted Baker Declines Sycamore’s Takeover Offers
March 28, 2022

British fashion retailer Ted Baker has rebuffed two takeover offers from private equity investor Sycamore Partners Management, saying the proposals greatly undervalue the company, Reuters reported Monday (March 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Financial Inclusion
Uptrend Credit Shifts Business Focus to Financial Literacy
March 28, 2022

Uptrend Credit Solutions is shifting its business focus from credit repair only, and will be offering a wide range of services including financial literacy, credit reporting and credit restoration, according to a Monday (March 28) press release. Get the Full Story Complete the form to...

Investments
GrowSari Raises $77M to Expand in Philippines
March 28, 2022

Philippines-based B2B platform GrowSari has raised $77.5 million in a new funding round to help fuel its expansion across the Philippines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
India’s Central Bank Unveils Innovation Hub
March 28, 2022

The Reserve Bank of India has launched its Innovation Hub (RBIH), a program designed to promote access to financial services and increase financial inclusion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
FinPay Grabs $15M in Growth Fundraising Round
March 28, 2022

Patient engagement and financial management FinTech platform FinPay Holdings has wrapped up a $15 million growth round that will help the company achieve “exponential growth and accelerated product and technology innovation,” according to a Monday (March 28) press release. Get the Full Story Complete the...

Regulation
CFPB Extends ‘Junk Fees’ Deadline After Receiving 25,000 Comments
March 28, 2022

The Consumer Financial Protection Bureau (CFPB) is extending its deadline to submit comments on its public consultation on “junk fees” until April 11. The CFPB received more than 25,000 comments in less than three months and given the ongoing interest from the public, the agency...

Investments
Dubai-Based HealthTech Altibbi Raises $44M, Seeks IPO
March 28, 2022

Altibbi, a Middle East-based HealthTech network, has raised $44 million in a Series B round, the company announced on LinkedIn Monday (March 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Retailers Face Spate of Hyper Activism Amid Post-COVID, Pre-Inflation Transition
March 28, 2022

At a time when retailers and brands are already busy transitioning from a digital shift and two years of pandemic-era transformation, while also re-tooling their business propositions to fit consumers’ current concerns about inflation, a third trend is emerging that also threatens the industry’s status...