News

Cross-border Payments
FinTech Airwallex Debuts Multicurrency Virtual Business Cards in US
February 23, 2022

FinTech platform Airwallex has debuted its Airwallex Borderless Card, a virtual card issued by the Community Federal Savings Bank, which allows businesses to easily make cross-border digital card payments, a press release said. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Today in B2B: Tabit Unveils B2B BNPL POS Service Across Canada; Indian BNPL Startup Actyv.ai...
February 23, 2022

Today in B2B payments, TradeDepot pushes for growth across Ghana after acquiring Green Lion, and Bosch buys a 26% share of Autozilla. Plus, TreviPay acquires B2B payments network Baton. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
EMEA Daily: EU Consumer Advocates Seek Rights to Sue Big Tech; Flywire, Adapt IT Digitize...
February 23, 2022

In today’s top Europe, Middle East, and Africa news, a coalition has asked EU lawmakers for changes in the Digital Markets Act to allow consumers to sue tech giants for law violations, while global payments platform Flywire Corporation has collaborated with Adapt IT Education to digitize cross-border education...

Retail
60% of Merchants Enable Digital Profiles for Consumers
February 23, 2022

The number of merchants offering three cross-channel-capable features increased between 2020 and 2021, according to The 2022 Global Digital Shopping Index, a PYMNTS and Cybersource collaboration based on a survey of 13,114 consumers and 3,100 merchants across six countries. Get the Full Story Complete the...

CFPB
CFPB Proposes New Algorithm-Based Home Valuation Guidelines
February 23, 2022

The Consumer Financial Protection Bureau (CFPB) has proposed new outlines to make sure that the computer models used to help find home valuations are accurate and fair. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Bosch Buys 26% Stake in India’s Autozilla
February 23, 2022

Electronics company Bosch has acquired a 26% stake in India’s Autozilla to expand into the country’s digital B2B auto parts aftermarket. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Today in FinTech: Credit Unions Turn to FinTech Partnerships to Level the Playing Field
February 23, 2022

In today’s FinTech news, credit unions are finding that to compete like a FinTech, they need to grab a partner, while South African FinTech startup Stitch is striving to make it easier for businesses on the continent to build and scale innovative products. Get the...

B2B Payments
31% of Finance Pros Say Employees Are Submitting More Expenses Now Than Before the Pandemic
February 23, 2022

As companies adopt and retain flexible workplace models, employees who once obtained desks, computers and all the supplies needed to do their jobs at the office are now furnishing and supplying their own workspaces at home. Get the Full Story Complete the form to unlock...

Retail
Today in Retail: Home Improvement Remains Strong; TJX Overcomes Pandemic-Related Obstacles in Q4
February 23, 2022

Today in retail, Target is testing curbside returns and Starbucks order delivery, while Overstock’s stock price surges after the company’s blockchain-based trading platform gets an investment from Intercontinental Exchange. Plus, one man’s furniture trash is another person’s furniture treasure, and big retailers believe an omnichannel...