News

B2B Payments
Laiye, KPMG China Collaborate on Intelligent Automation
September 06, 2021

Artificial intelligence (AI) firm Laiye and KPMG China are working on a new product to help boost intelligent automation for the finance industry, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Cashfree Debuts Banking-as-a-Service Offering for FinTechs
September 06, 2021

Payments company Cashfree has rolled out a new banking-as-a-service API to help speed up banking integrations, 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....

Security & Fraud
Baanx FinTech Invests in Iowa’s Maxwell State Bank
September 06, 2021

B2B2C platform Baanx is now the third-largest shareholder in Maxwell State Bank, which is regulated by the U.S., after a multimillion-dollar deal to bolster cybersecurity as well as banking access in the country, a press release says. Get the Full Story Complete the form to...

Ridesharing
Amid Didi’s Regulatory Pressures, China Invests in Rival Mobility Platform
September 06, 2021

Cao Cao Mobility, a ridesharing app, has reaped the benefits of investments from Chinese state investors as rival Didi sees itself mired in regulatory issues, the Financial Times (FT) reported Monday (Sept. 6). Get the Full Story Complete the form to unlock this article and...

B2B Payments
Trade Ledger, ScotPac Team to Fast-Track SMB Loan Approvals
September 06, 2021

FinTech Trade Ledger is partnering with small- to medium-sized business (SMB) lender ScotPac to accelerate loan application turnaround times, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
FinTech BankiFi Raises $3M To Help Banks Better Serve SMBs
September 06, 2021

British FinTech BankiFi has secured a 2.2 million pound (approximately $3 million) investment in a funding round to help financial institutions (FIs) better serve small- to medium-sized businesses (SMBs), Business Leader reported. Get the Full Story Complete the form to unlock this article and enjoy...

International
Brazil Limits Pix Payments Amid Kidnapping Spree 
September 06, 2021

A rash of “lightning kidnappings” in Brazil has forced the country’s central bank to restrict use of the Pix payment platform.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Supply Chains Could Be The Grinch That Steals Retail’s 2021 Holiday Season
September 06, 2021

The bottlenecks at major container ports are not new: key factory closures in Asia have been a rolling problem for months, while a shortage of truck drivers across Europe has only recently emerged. Get the Full Story Complete the form to unlock this article and...

Payment Methods
National Fuel Gas Joins Growing List of Utilities Embracing Expanded Payment Options
September 05, 2021

With nearly two million natural gas customers in western New York and northwestern Pennsylvania on its roster, National Fuel Gas — like many of its peers — is looking to increase customer satisfaction by enabling a suite of modern digital payment and connectivity options. Get...