News

B2B Payments
More Businesses Turning to ‘Invisible’ Embedded Payments to Enable Growth
December 23, 2021

It’s been a decade in the making, but with the pandemic, and with 2022 gaining ground on the road ahead, invisible payments are a reality — or will be soon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
Investments in Financial Education Empowers FIs and Their Customers
December 23, 2021

Financial institutions (FIs) that offer financial education to consumers find that it helps to build trust, Alexis Castorina, head of consumer education for Early Warning®, told PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Nigerian Mobility Tech Startup Metro Africa Xpress Nets $31M for Expansion
December 22, 2021

Metro Africa Express (MAX), a Nigerian mobility tech startup, has raised $31 million in a Series B funding round and is looking to enter more African markets as it continues to establish the transportation sector, TechCrunch reported. Get the Full Story Complete the form to...

Partnerships / Acquisitions
EU OKs Microsoft’s $19.7B Deal to Buy Telemedicine Tech Firm Nuance
December 22, 2021

The European Union has cleared Microsoft’s buy of Nuance, an artificial intelligence (AI) and cloud computing company, according to a Wednesday (Dec. 22) press release from the European Commission, which found the acquisition doesn’t pose competition concerns in the EU. Get the Full Story Complete...

Retail
Touch This, Look at That: Why Ikea and Other Retailers Are Going Little and Local
December 22, 2021

Life may get a bit easier for urban, suburban and rural consumers alike who want to shop at a big-box retailer for big-ticket items like furniture. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Bitcoin
Bitcoin Daily: Hive Blockchain Sees Bitcoin Production Up, Ether Production Down
December 22, 2021

Hive Blockchain will likely mine more bitcoin in the third quarter this year compared to the second quarter, the company announced in a Wednesday (Dec. 22) press release. It will also likely see a drop in ether mining because of more competition. Get the Full Story...

Investments
Dawatech Gets Investments for Expanding Health B2B Services
December 22, 2021

Dawatech, a healthtech company from Jordan, has gotten a seven-digit investment round from multiple companies, according to a Tuesday (Dec. 21) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Note to Retailers: Consumers Want it Fast, Easy and Now Cheap
December 22, 2021

It’s a rough world out there right now, to put it lightly. And the retail industry is seeing the effects. Inflation is at the highest level in nearly four decades, with average prices rising by nearly 7%, although many individual categories, such as food and cars, have...

Investments
Headless Commerce Startup Bolt Eyes $14B Valuation
December 22, 2021

Headless commerce platform Bolt is eyeing a $14 billion valuation and close to $400 million in funding following an almost $400 million Series E funding round at an $11 billion valuation, The Information reported Tuesday (Dec. 21), citing three sources. Get the Full Story Complete...