News

Payment Methods
Brink’s Intros New Digital Cash Payment Product BLUbeem
December 16, 2021

Cash management, logistics and payment solutions firm Brink’s Company is introducing a new product brand called BLUbeem by Brink’s, a digital cash solution to speed and simplify digital payment methods, according to a press release on Thursday (Dec. 16). Get the Full Story Complete the...

CFPB
CFPB Works With Global Regulators to Target BNPL
December 16, 2021

Citing concerns about the buy now, pay later (BNPL) sector, the Consumer Financial Protection Bureau has ordered five BNPL firms to turn over information about their industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Insurance Companies Use AI to Make Payables Touchless
December 16, 2021

To take on the challenges of accounts payable (AP) invoice automation and the insurance submission intake, Kanverse has deployed a product that uses several technologies: artificial intelligence (AI), machine learning (ML), optical character recognition (OCR) and natural language processing (NLP). Get the Full Story Complete...

B2B Payments
25% of B2B Payments Are Digital Payments
December 16, 2021

For business-to-business (B2B) payments, traditional methods such as checks and wire transfers remain the top choice for most companies, but digital payments are now accounting for a greater share. In fact, 25% of B2B payments are digital payments, the Working Capital Playbook, a PYMNTS and YayPay collaboration, reported. Get the Full Story...

B2B Payments
SIX, BearingPoint Look to Roll Out Fully Digital Payments, Request-To-Pay Solution  
December 16, 2021

Management and technology consulting company BearingPoint and Swiss financial market infrastructure operator SIX have joined forces to develop a fully integrated invoice-to-payment service that will be rolled out in Europe, potentially in 2023, the companies announced in a press release on Thursday (Dec. 16).  Get...

Partnerships / Acquisitions
MoneyLion to Buy Even Financial in Deal Worth up to $440M
December 16, 2021

Digital finance platform MoneyLion Inc. will acquire B2B FinTech Even Financial Inc. as part of a deal worth $360 million to $440 million, according to a Thursday (Dec. 16) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
SurePay, SEPAmail.eu and StreamMind Target Cross-Border Payments Fraud 
December 16, 2021

SurePay, SEPAMail.eu and StreamMind on Thursday (Dec. 16) launched a cross-border solution for IBAN check/confirmation of payees, allowing companies and banks to confirm account information matches the intended beneficiary on cross-border payments between France and the Netherlands.   Get the Full Story Complete the form...

Retail
Paytm Broadens Services to Include Auto, Furniture Rentals
December 16, 2021

Recognizing that rent payments can take on various forms, Indian digital payments startup Paytm has broadened its rent payment services to encompass new categories such as auto and furniture rentals, wedding venues, catering and décor, in addition to guesthouse rentals, the company announced in a...

Investments
AI eCommerce Tech Firm Rokt Raises $325M at $1.95B Valuation
December 16, 2021

Artificial intelligence (AI) eCommerce technology platform Rokt closed a $325 million Series E funding round at a $1.95 billion valuation, with funding led by Tiger Global and participation by Wellington Management, Whale Rock Capital Management, Pavilion Capital and existing shareholder Square Peg. Get the Full...