News

Banking
WSFS Bank Unveils Integrated Accounts Payable Platform
October 28, 2021

WSFS Bank has launched a digital electronic payables tool that gives its commercial banking customers integrated accounts payable (AP) capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
Germans Hit with Higher Prices Across the Board 
October 28, 2021

Germans will have to dig a little deeper to overcome supply shortages and increased energy prices that are leading to higher production costs on myriad products, from their favorite beers to new cars, according to a Reuters report on Thursday (Oct. 28).  Get the Full...

B2B Payments
38% of AP Professionals Want to Innovate to Reduce Payment Errors
October 28, 2021

Businesses all too often receive paper invoices in the mail, and directing staff to manually review and type up the details on these documents can be a major time sink that also creates opportunities for human error to muddle the data. Get the Full Story...

Partnerships / Acquisitions
Nigerian FinTech Tingo Mobile Signs Agreement With Visa 
October 28, 2021

Tingo Mobile has entered into an agreement with Visa, a move the firm says will help deepen its financial services offerings in Nigeria and expand across Africa.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
Indian Travel Portal Ease My Trip to Acquire Traviate 
October 28, 2021

The Indian online travel portal Ease My Trip has finalized a non-binding agreement to acquire Traviate, a B2B travel marketplace.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Untangling the ‘Sticky Web’ of B2B Payments Starts With the Value Proposition
October 28, 2021

The consumer payments ecosystem is thriving with the rapid adoption of everything from QR codes and contactless cards to digital wallets and cryptocurrencies. As a result, money flows freely, and people benefit from having greater convenience and flexibility in the many ways to pay. Get...

Investments
RPA Firm qBotica Lands $1M in Seed Funding 
October 28, 2021

The robotic process automation (RPA) company qBotica announced Wednesday (Oct. 27) it has raised $1 million in seed funding from Peacock Ventures.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Trade Finance Platform Drip Capital Raises $175M in Series C
October 28, 2021

Digital cross-border trade finance platform Drip Capital raised $175 million, including $40 million in a Series C funding round and $135 million in warehouse debt facilities, according to press release on Thursday (Oct. 28). Get the Full Story Complete the form to unlock this article...

Retail
Holiday Shopping Outlook Suggests ‘Amazon Christmas’ May Be Underway
October 28, 2021

Ahead of Amazon’s third-quarter earnings report, new data show that nearly everyone will be shopping online this holiday season, a likely boon to the Seattle-based eCommerce giant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...