News

B2B Payments
Today in B2B: Predictive Analytics Improve Cash Flow; Société Générale Debuts Startup Accelerator Program
April 19, 2022

Today in B2B payments, predictive analytics takes some of the pain out of accounts receivable (AR) and cash flow processes, while Société Générale unveils a startup acceleration program for financial enterprises. Plus, Zilliant launches a new price optimization tool, and Recur Club secures $30 million...

Regulation
DeFi Advocates Cry Foul on SEC Again — This Time, Over Attempts to Define ‘Exchange’
April 19, 2022

For the second time in a month, the Securities and Exchange Commission has the crypto industry up in arms about what it calls an attempt at backdoor regulation that, depending on who you ask, falls anywhere on the spectrum between opaque and unconstitutional. Get the...

Investments
SaveIN Brings in $4M in Seed Funding for Product Development, Hiring
April 19, 2022

Indian FinTech company SaveIN has raised $4 million (about Rs 30 crore) in its seed funding round that it plans to use to develop its product, hire new employees and address its branding, according to a report in The Economic Times Tuesday (April 19). Get...

Security & Fraud
Intel, FiVerity, Fortanix Fight Digital Fraud in Financial Services With Confidential Computing
April 19, 2022

Digital fraud prevention platform FiVerity, multi-cloud security company Fortanix and Intel have teamed up to help financial services companies fight digital identity fraud through confidential computing, according to a joint press release Tuesday (April 19). Get the Full Story Complete the form to unlock this...

Security & Fraud
Australia’s CBA Warns of False Crypto Platform Partnership Report
April 19, 2022

The Commonwealth Bank of Australia (CBA) released a statement on Tuesday (April 19) denouncing claims that the bank was partnering with a cryptocurrency trading platform that came from a false news article. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
B2B Financing Platform Recur Club Raises $30M
April 19, 2022

B2B FinTech platform Recur Club has raised $30 million in seed funding, the Indian company announced on its website Tuesday (April 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Venture Capital Firms Invested Record $5.2B in African Startups in 2021
April 19, 2022

Venture capital (VC) firms injected a record $5.2 billion into African startup firms in 2021, a nearly fivefold increase from 2020 levels, which dipped during the COVID-19 pandemic, according to a report by the African Private Equity and Venture Capital Association (AVCA). Get the Full...

B2B Payments
Société Généralee Launches Trade Finance Accelerator
April 19, 2022

French multinational investment bank Société Générale has launched what it calls the “Payment & Transaction Banking Accelerator” (P&T BAX). 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...

Retail
Today in Retail: Consumers Need Increased Engagement to Boost Digital Transformation; PetMeds Gets Into Telehealth...
April 19, 2022

Today in retail, a study shows deeper engagement is key to digital transformation, while PetMeds partners with Vetster. Plus, grocery delivery goes from pandemic-fueled luxury to mass-market option, Hasbro will narrow its focus to rebound from a tumultuous period, and digital consumers want digital incentives...