News

B2B Payments
Today in B2B: Customers Have High Expectations for Digital Transactions; ID Verification Needs Advanced Tech
April 06, 2022

Today in B2B payments, customers expect their digital payments to be simple, transparent and secure, while businesses need to use advanced technology to ensure proper B2B identity verification protocols. Plus, Advent secures a majority stake in Mangopay, and i2c and PingPong partner to offer cross-border...

eCommerce
For Smaller eCommerce Companies, Optimizing Carrier Strategy Is Key
April 06, 2022

To gain and retain customers, small- to medium-sized businesses (SMBs) in the eCommerce field must get the goods to their customers when promised. That requires shipping the goods out quickly, managing the costs, monitoring the carriers’ performance and being resilient. Get the Full Story Complete...

Investments
Accounting Platform Docyt Closes $11.5M Series A
April 06, 2022

Docyt, an accounting automation software platform for small- to medium-sized businesses (SMBs), has raised $11.5 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...

International
Today in FinTech: Advent Snaps Up Mangopay; UK Green Lights Stablecoins; Worldpay Offers USDC Settlement
April 06, 2022

In today’s FinTech News, private equity investor Advent International is taking a majority stake in Mangopay, while Worldpay is on track to offer merchants settlement in USDC. Plus, the United Kingdom will soon add stablecoins as an acceptable payment method. Get the Full Story Complete...

B2B Payments
i2c, PingPong Team up on Cross-Border eCommerce
April 06, 2022

Digital payments and banking company i2c has joined forces with Chinese tech unicorn PingPong to provide cross-border eCommerce payment solutions to business owners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Personalized Payment Experiences Pave Way for Streamlined B2B eCommerce
April 06, 2022

With more businesses selling online or via mobile apps, more consumers are hopping online to shop and pay. Merchants are therefore pressed to ensure that they are delivering cross-border payments experiences that are fast and seamless while also supporting payment preferences that vary widely from...

Retail
Data Point: 26% Won’t Buy Durable Goods at Retailers Without Lease-to-Own Option
April 06, 2022

From furniture to major appliances, durable goods are a necessity that many are finding hard to afford in an inflationary climate. With alternatives either limited or unappealing, more consumers seek lease-to-own (LTO) payments and the retailers offering this type of financing. Get the Full Story...

Investments
Binance.US Brings in More Than $200M in First Fundraising Round
April 06, 2022

Binance.US, the American arm of the world’s largest cryptocurrency exchange by trading volume, recently closed its first external fundraising effort, bringing in more than $200 million at a pre-money valuation of $4.5 billion, according to a CoinDesk report Wednesday (April 6). Get the Full Story...

Investments
Trucking Platform SmartHop Raises $30M, Plans Expansion
April 06, 2022

Smart trucking platform SmartHop announced Wednesday (April 6) it’s poised to expand following a $30 million 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 required....