News

Social Commerce
TikTok Sets 2022 Target of $12B in Sales
January 13, 2022

After taking in close to $4 billion in advertising revenue in 2021, TikTok is planning to reach triple that number in 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
FinTechs Provide Solutions to Small Exporters Struggling to Access Finance
January 13, 2022

Small exporters struggle to get access to finance. Large international banks are not interested in bearing the cost of onboarding small and midsize businesses, and small banks that do know these smaller businesses do not understand international trade.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
Paying Any Paper Bill Now As Easy As Taking a Picture of It
January 13, 2022

Paying bills is a stubborn holdout in the digital shift, as bills come in paper form by snail mail or via email. Often, there aren’t many digital payment options, and even when there are, interfaces can be clunky and friction-filled — all adding to the...

Investments
Location Analytics Platform Placer.ai Raises $100M in Series C Round
January 12, 2022

Placer.ai, a location analytics platform serving companies with data around consumer foot traffic, has raised $100 million in a Series C round, VentureBeat reported Wednesday (Jan. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Maryland’s Department of Health Faces Ransomware Attack
January 12, 2022

Maryland’s state Department of Health (MDH) is in the throes of a ransomware attack, which has only compounded on issues from the staggering COVID-19 hospitalization numbers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
EMEA Daily: WeTransfer to Seek Amsterdam IPO, UK Retailers Buoyed by Holiday Shopping Season
January 12, 2022

In today’s top Europe, Middle East and Africa news, WeTransfer is expected to seek an initial public offering (IPO) in Amsterdam, while U.K. retailers’ earnings forecasts have been buoyed by the holiday shopping season. Get the Full Story Complete the form to unlock this article...

Bitcoin
Bitcoin Daily: Bitcoin Options Market Slows on Upcoming Inflation Report; Turkish Investors Turn to Crypto...
January 12, 2022

Bitcoin put option demand seems to be waning as a U.S. inflation report approaches, which could make the case for faster liquidity withdrawal by the Federal Reserve, CoinDesk reported Wednesday (Jan. 12). Get the Full Story Complete the form to unlock this article and enjoy...

Digital Banking
Open Banking Series: Challenges for Banks, FinTechs
January 12, 2022

Open banking is all about sharing data, but what data are banks legally bound to share, and which third-party providers (TPPs) have the right to request? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
61% of CFOs Say the Pandemic Helped Their Firms Digitize Internal Processes
January 12, 2022

Most companies are digitizing their accounts receivable (AR) and accounts payable (AP) systems if they have not already done so, PYMNTS research finds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...