News

Digital Banking
French Neobank Qonto Targets SMBs, Burgeoning Pool of Freelancers
February 21, 2022

Jump-starting a new business as an entrepreneur or solopreneur can be challenging no matter where an individual is based, but in Europe, business banking can be a nightmare as more established, traditional lenders often neglect individuals who do not have the typical 9-5 worker profile...

Security & Fraud
Fake Businesses Emerge as New Front in War on ID Fraud
February 21, 2022

As digital commerce and payments grow, fraud grows with it. That’s going to get worse before it gets better as merchants and their payments partners decipher the many-faced fraud beast. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Saudi FinTech EdfaPay Raises $1.6 Million for B2B Payments
February 20, 2022

EdfaPay, the Saudi FinTech, has raised $1.6 million in a funding round, a press release says. 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...

Security & Fraud
OpenSea Investigates NFT Phishing Attack
February 20, 2022

OpenSea is looking into a phishing attack for non-fungible tokens (NFTs), according to Co-founder Devin Finzer, Bloomberg reported Sunday (Feb. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Independent ATMs Struggle for Access to Banks
February 20, 2022

There’s a growing schism between banks and small business owners running independent ATMs in America’s vast swathe of gas stations, bars and bodegas, The Wall Street Journal reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Delivery
Meituan Loses $26B in Value as Chinese Regulators Step In
February 20, 2022

Meituan, the Chinese food delivery company, lost $26 billion in value as of Friday after regulators wanted to lower fees food platforms are charging restaurants, Financial Times says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
EU ‘Obstacles’ Hobble Growth, European Industrialists Say
February 20, 2022

The European single market is akin to an obstacle course, which has put several companies as also-rans as the U.S. takes the lead, Financial Times writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Delivery
From Doughnuts to the Dark Arts, On-Demand Delivery Can Sate Every Consumer Craving
February 19, 2022

It’s axiomatic that we now live in an on-demand delivery world. As merchants and their wheeled partners attempt logistical alchemy around that dreaded last mile, our thoughts turn to what is being delivered, and the requests that ride along. Get the Full Story Complete the...

IPO
Today in FinTech: Buckle up for the New FinTechIPO™ Index
February 18, 2022

In Today’s FinTech news, PYMNTS is introducing the FinTechIPO™ Index to give people an idea of how the firms within the index are performing, while London-based FinTech Nous raised $8.9 million to people tackle the cost of living. Get the Full Story Complete the form...