News

Regulation
PYMNTS AM Radar: Digital Dining Habits; Crypto Bank Flagged; Racing for Payments; M&A Enforcement
April 22, 2022

Today is Friday (April 22), and a crypto bank that was granted a conditional license last year is now being called to the carpet by the Office of the Comptroller of the Currency (OCC) for anti-money laundering (AML) violations. Plus digital payments firm TransferMate will...

Banking
Simple Plug-In Bill Pay Solutions Snag Businesses’ Attention and Loyalty
April 22, 2022

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Loyalty & Rewards
NEW DATA: From Outdoor Seating to Touchless Payments, Dining Habits Are Changing
April 22, 2022

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Security & Fraud
SEON CEO Says Rising Cyber Threat Requires Multi-Provider Security Approach
April 22, 2022

From criminals creating fake accounts using stolen or synthetic identities, to exploiting the traditional onboarding process, to capitalizing on data breaches to launch credential stuffing attacks; there seems to be no shortage of avenues fraudsters are using to launch attacks aimed at online businesses. Get...

B2B Payments
B2B Payments Infrastructure Provider TransferMate Partners With Haas F1 Team
April 22, 2022

The Haas Formula 1 racing team Thursday (April 21) announced a partnership with TransferMate Global Payments, which provides payments infrastructure-as-a-service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Tencent Buys Stake in UK Business Payments FinTech Previse
April 22, 2022

Giant Chinese technology holding company Tencent is leading a funding round in British FinTech Previse, SkyNews reported Thursday (April 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Tofino Capital Supports B2B Startups in Developing Nations With $10M Fund
April 22, 2022

Tofino Capital, an early-stage venture capital firm that says it will seek investments in emerging markets, has launched a $10 million fund and has a $5 million close toward the goal, TechCrunch reported Thursday (April 21). Get the Full Story Complete the form to unlock...

Retail
Lululemon to Launch Loyalty Program Offering Workout Classes, Other Perks
April 21, 2022

Canadian apparel retailer Lululemon plans to seek growth in the next few years through the establishment of a membership plan, the company announced in a letter this week (April 20) about various initiatives. Get the Full Story Complete the form to unlock this article and...

Banking
Plaid Co-Founder Rebuilds NorCal Bank Into ‘Bank of the Future’
April 21, 2022

The co-founder of $13 billion FinTech Plaid Inc bought California’s NorCal bank for $50 million last year. Now William Hockey, along with his wife, Annie, are overhauling its technology to build “the bank of the future,” The Wall Street Journal reported. Get the Full Story...