News

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...

International
EMEA Daily: Instabox Raises $190M for Its Delivery Platform; Flow Your Money Picks Up 3.5M...
April 21, 2022

In today’s top Europe, Middle East and Africa (EMEA) news, Swedish delivery company Instabox has raised $190 million in growth equity, while money automation startup Flow Your Money brought in 3.5 million euros (about $3.8 million) to further help freelancers with money management. Get the...

Banking
Goldman Sachs Checking Progresses Toward Reality
April 21, 2022

The Goldman Sachs checking account will soon be a reality, an official for the banking giant said 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....

B2B Payments
Today in B2B: Businesses Overcome X-Border Hurdles With Payments Automation; Medius Debuts Software Developer Partner...
April 21, 2022

Today in B2B payments, businesses in the United States and United Kingdom adopt automation to help with cross-border payments, while Swedish accounts payable (AP) automation systems provider Medius launches a partnership with software developers. Plus, auto dealers around the world get increased access to localized...