News

B2B Payments
Peeling Back the Digital Payments ‘Onion’ is Critical to Maximizing Cash Flow
March 04, 2022

“At a certain point in the evolution of any business,” Corcentric President and Chief Operating Officer Matt Clark mused, “digitization becomes necessary.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
FinTechIPO™ Index Shows Continued Weakness vs Broader Markets
March 04, 2022

Continuing a trend seen in the past few weeks since we launched the FinTech IPO tracker, the group of 45 companies we’ve surveyed have, on the whole, underperformed the broader market. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Latin America
QR Code Payments Woo LatAm Region’s Mobile-First Travelers
March 04, 2022

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 to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

International
US Imposes Fresh Sanctions on 8 Russian Oligarchs, Officials
March 03, 2022

The U.S. has imposed more sanctions, this time against Russian oligarchs, in a bid to hit the ultra-wealthy in that country, according to a Reuters report Thursday (March 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Chinese Banks Revamp Ties With Russian Businesses to Avoid Sanctions, Report Says
March 03, 2022

Several Chinese banks are working to make sure they can maintain business with Russian clients and also avoid Western sanctions, Reuters reported Thursday (March 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Today in FinTech: Grasshopper Bank Leaps Forward; FinTech Weavr Aims for Simplicity; CaixaBank Talks Ethics,...
March 03, 2022

In today’s FinTech news, digital business bank Grasshopper has lined up a new executive team as it launches innovative products and shifts its focus to startups and SMBs, and London FinTech startup Weavr talks to PYMNTS about its alternative to complicated backend technology. Meanwhile, at...

International
EMEA Daily: Russian Companies Scramble to Open Chinese Bank Accounts; Report: VTB Could Close in...
March 03, 2022

In today’s top Europe, Middle East and Africa news, as the hammer comes down on Russians banking in the West, companies are scrambling to open accounts in China, while German regulators prepare to close the European arm of VTB, Russia’s the second-largest bank. Get the...

B2B Payments
Today in B2B: Digital Payment Adoption Aids Business Growth; FIs Want More Virtual Cards for...
March 03, 2022

Today in B2B payments, SMBs are still struggling to get their customers to pay on time, and B2B marketplace Solv expands into Kenya. Plus, companies want more help buying and managing Software-as-a-Service (SaaS) applications. Get the Full Story Complete the form to unlock this article...

Retail
Brands Expect Hit to Bottom Lines as They Respond to Ukraine Invasion
March 03, 2022

Just as the omicron variant of the coronavirus was starting to ease — and supply chain woes with it — Russia invaded Ukraine, triggering new fears of a different kind of retail disruption extending into 2022. Get the Full Story Complete the form to unlock...