Companies want many of the embedded finance options that FinTechs offer, and APIs and open banking help banks give their corporate clients the best of both worlds. In the Next-Gen Commercial Banking Tracker, Bank of Montreal’s Sean Ellery explains how they’re using open banking APIs...
Latin America (LatAm) saw record funding of $15.3 billion from venture capitalists (VCs) in 2021, triple what it was in 2020, with FinTech, eCommerce and PropTech capturing nearly 75% of investments, Financial Times reported on Monday (Jan. 24). The previous record of VC funding was...
German rapid grocery startup Gorillas is working on a deal to acquire the French delivery firm Frichti for undisclosed terms, Bloomberg reported on Monday (Jan. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
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A report from anti-graft charity Spotlight on Corruption says economic crime in the U.K. ends up costing the government “hundreds of times more” than the government spends fighting it, according to a Financial Times report Sunday (Jan. 23). Get the Full Story Complete the form...
Morocco-based B2B eCommerce and FinTech startup Chari could see a valuation of $100 million after a new bridge round of funding, TechCrunch reported Thursday (Jan. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Just days after receiving a takeover offer from Starboard Value, Kohl’s could see a second takeover offer from private equity firm Sycamore Partners, Reuters reported Sunday (Jan. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Bitcoin hit its lowest dollar value since last August as it fell below $37,000 on Friday (Jan. 21), The Wall Street Journal (WSJ) wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The National Payments Corp. of India is testing a solution to allow Unified Payments Interface (UPI) based digital pay without an internet connection, Mint reported Sunday (Jan. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
