News

Payment Methods
Report: Contactless Payments Gain on Credit Cards
January 19, 2022

Credit cards may be consumers preferred way to pay, but contactless methods are waiting in the wings. 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...

Investments
Santander Buys 30% Stake in Atempo Growth to Fund Tech Startups
January 19, 2022

In a bid to expand its commitment to financing high-growth European tech companies, Santander Bank has acquired a 30% stake in Atempo Growth, an independent venture debt manager, the Madrid-based lender announced Wednesday (Jan. 19.) Get the Full Story Complete the form to unlock this...

Retail
Today in Retail: Tom Brady, Nordstrom Team on Clothing Brand; Lego Builds Store of the...
January 19, 2022

Today in retail, Tom Brady and Nordstrom are teaming up on apparel, while Lego looks to the future with its new store concept. Plus, retailers are navigating the ever-increasing glut of returns. Get the Full Story Complete the form to unlock this article and enjoy...

International
ElasticRun Set to Raise $300M in SoftBank-Led Round
January 19, 2022

ElasticRun, a kirana commerce platform helping businesses connect with rural India, is expecting to raise $300 million in a funding round led by SoftBank, according to a report Wednesday (Jan. 19) from The Times of India. Get the Full Story Complete the form to unlock...

B2B Payments
India Businesses Look to Flat-Fee Pricing to Save on Transaction Charges
January 19, 2022

In India, direct bank transfer, checks and cash remain popular B2B payment methods, despite their drawbacks — mostly because businesses haven’t had any good alternatives. Because B2B ticket size is high and margins are low, payment gateways are not an option due to the high...

Investments
People Management Network Lattice Raises $175M, Triples Valuation to $3B
January 19, 2022

People management platform Lattice has reached a valuation of $3 billion after closing a $175 million funding round, the San Francisco-based company announced on Tuesday (Jan. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Biometrics
Pandemic Has Made Air Travelers OK With Biometrics
January 19, 2022

Three years ago, if you’d asked air travelers if they’d be willing to offer up their biometric data in exchange for a more streamlined experience, less than half of them would have said yes — then, COVID happened. Get the Full Story Complete the form...

Payment Methods
Mint Debuts Bill Negotiation Tool
January 19, 2022

Global technology platform Intuit — which makes TurboTax, QuickBooks, Mint, Credit Karma and Mailchimp — announced Wednesday (Jan. 19) that it has created a new Bill Negotiation tool in Mint, helping to cut users’ monthly bill and subscription payments. Get the Full Story Complete the...

Investments
Berlin FinTech Moss Gets Closer to Unicorn Status With $573M Valuation After Series B Funding...
January 19, 2022

Moss, the tech platform for managing spending, is on track to reach unicorn status with a round of funding that increased its valuation to more than 500 million euros ($573 million), the Berlin-based company announced on Wednesday (Jan. 19). Get the Full Story Complete the...