The average small- to medium-sized business (SMB) receives 72 one-off or nonrecurring ad hoc payments for services rendered or products delivered each year. These are payments for sales to buyers that SMBs work with once, twice or maybe a few times a year. Get the...
The People’s Bank of China (PBOC) said Thursday (March 3) that it expects to see a continuing drop in the number of high-risk banks across the country as it continues its crackdown on financial risks across all sectors of the Chinese economy, according to a...
Months after expanding into the U.K. and a day following its launch in France, U.S. delivery startup Gopuff is weighing the status of its workforce across the pond. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Today in retail, Best Buy talks about the transformational power of technology, while Burlington Stores hopes to see foot traffic increase in 2022 after a Q4 slump has investors and analysts skittish. Plus, discount retailer Big Lots looks to increase its eCommerce sales. Get the...
Capnamic Ventures, the German-based early-stage investor, announced its latest capital fund totaling $215 million Thursday (March 3). 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...
Insider PTE, the Turkey-based artificial intelligence (AI) company, received $121 million in funding, bringing its valuation to $1.2 billion, as global funds direct more cash into the country’s tech startups, the company announced Thursday (March 3). Get the Full Story Complete the form to unlock...
A month ago, the argument about how to regulate cryptocurrencies was solidifying as one that cast the need for strong consumer protection against the need for rules that encourage innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Payroll connectivity solutions platform Atomic on Thursday (March 3) announced it raised $40 million through a Series B funding round that will help the company continue to build its payroll connectivity ecosystem geared toward “consumers with limited access to financial services.” Get the Full Story...
Regulators in Germany are preparing for the closure of the European arm of VTB, the second-largest bank in Russia. 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...
