News

Investments
R2 Raises $15M to Promote Latam Small Business Lending
September 02, 2022

Mexico City-based lending platform R2 has raised $15 million in a Series A 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. yesSubscribe to our daily newsletter,...

Cross-border Payments
Brazil’s Bolsonaro Takes Credit for Pix Payment System Amid Election
September 02, 2022

Brazil’s Pix instant payment system has become a central issue in that country’s upcoming presidential election. 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...

B2B Payments
Today in B2B Payments: 2 Banks Announce New Services for Businesses
September 02, 2022

Today in B2B payments, Live Oak Bank adds 10 lenders to its general Small Business Administration (SBA) lending team, while ACI Worldwide’s former corporate online banking unit becomes an independent company. Plus, everphone raises $32 million for Phone-as-a-Service, while a merger creates an end-to-end digital...

Cross-border Payments
EMEA Daily: EU Lawmaker Says MiCA Crypto Law Could Be Ready in October
September 02, 2022

Today in Europe, the Middle East and Africa (EMEA) news, a European Union lawmaker reveals that the text for the EU’s Markets in Crypto Assets (MiCA) could be ready in the next six weeks. Plus, an open banking partnership between kevin and Monet+ sets an...

B2B Payments
B2B Payment Trends Driven by Need for Speed
September 02, 2022

It’s been an eventful period in the B2B payments space. Here’s a recap of recent developments along with an analysis of the trends they illustrate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payment Methods
FinTech Kevin Teams With Monet+ on in-Store A2A Payments
September 02, 2022

U.K.-based FinTech kevin has partnered Monet+ to deliver account-to-account (A2A) payments via the Monet+ Switchio platform, the firm announced on its website Friday (Sept. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Live Oak Bank Expands SBA Lending Program
September 02, 2022

Live Oak Bank has announced that 10 lenders have joined its general Small Business Administration (SBA) lending team in the first half of 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Everphone Raises $32M to Grow Phone-as-a-Service
September 02, 2022

Berlin-based Phone-as-a-Service company everphone has raised 32 million euros (about $32 million) in an expanded Series C funding round, which it will use to continue to expand globally, develop its products and increase the number of devices in service. Get the Full Story Complete the...

Retail
Amazon vs Walmart Weekly: The Battle Over Payments, Pricing, Perks
September 02, 2022

Finding customers, tantalizing them with targeted ads and merchandise, and then presenting products in a compelling way are all retail art forms in and of themselves. Even so, they can also be quickly rendered useless if the final step — the payment — does not...