News

Investments
Home Service Platform Jobox Raises $42M
April 13, 2022

Jobox, a company that provides marketplace infrastructure for home service professionals, has raised $42 million in a Series B 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...

Investments
African Digital Bank Umba Grabs $15M for Accessible Banking
April 13, 2022

African digital bank Umba on Wednesday (April 13) closed a $15 million Series A fundraising round that will help the platform continue its growth in existing African markets and allow it to expand into new ones, with an eye on meeting the needs of underserved...

Payments Innovation
How Payments Orchestration Can Help eCommerce Merchants Offer Seamless Payments In The Face Of Shifting...
April 13, 2022

To be recognized versus rivals, eCommerce brands must offer diverse and seamless payments, in a safe and compliant manner. In the latest "Payments Orchestration Playbook," Yulia Drummond, CEO of Voda Swim, explains the role of payments orchestration in helping online merchants strike this balance.

B2B Payments
SaaSOptics and Chargify Announce Merger, New Name
April 13, 2022

Atlanta-based SaaSOptics and Chargify, headquartered in Texas, have merged, the providers of financial management solutions for subscription businesses announced in a Wednesday (April 13) press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Today’s CFO Is a ‘Chaperone for Investment Dollars’
April 13, 2022

Chief financial officers (CFOs) used to be controllers, whose primary job was making sure the books got closed on time without any errors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
5 Things to Start Your Day: Fed Top Cop Slot; Cross-Channel Retail; Card-Not-Present Friction; Amazon-Walmart...
April 13, 2022

It’s Wednesday, April 13 and retail news is topping headlines as the buy now, pay later sector goes under the microscope of the Consumer Financial Protection Bureau. Card-not-present transactions are also being scrutinized for having oddly high decline rates, and cross-channel retail rules the shopping...

Regulation
Ex-Treasury Official Michael Barr is Frontrunner to Police Banks at Fed
April 13, 2022

Former Treasury official Michael Barr is President Joe Biden’s leading contender to serve as the vice chairman of banking supervision for the Federal Reserve, according to multiple media reports on Wednesday (April 13) citing unnamed sources with insider information. Get the Full Story Complete the...

Investments
UK-Based Flexible-Pay Platform Wagestream Raises $175M in Series C Round
April 13, 2022

Wagestream, the flexible pay and financial well-being app, has closed a Series C funding round for $175 million, a report said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payment Methods
No Card? No Problem! New Tech Drives Higher Authorizations for Card-Not-Present Customers
April 13, 2022

On the face of it, the continued movement to card-not-present transactions is a positive for commerce. Consumers can buy the goods and services they need, when they need them, round the clock, and merchants get to reach an ever-widening consumer base. Get the Full Story...