News

International
Wise Intros Flexible Assets Investment Feature to UK Users
September 21, 2021

Global money transfer firm Wise is now offering Assets, a multi-currency investment feature that works across 54 currencies, to individuals and businesses in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payments Innovation
PayPal’s New Super-App Positioned to Deliver Next-Level Connected Experience
September 21, 2021

With news breaking Tuesday (Sept. 21) that PayPal is launching its much-anticipated new super-app, market watchers see this as a defining moment in the progression of both the fragmented app space and the rise of a connected economy encouraging ever more integrated models. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
BoA Enhances Intelligent Receivables Offering 
September 21, 2021

Bank of America has added new features to its Intelligent Receivables platform, allowing clients to process payments in English, Simplified Chinese, Traditional Chinese, Korean and Thai across all 12 markets when BoA operates in the Asia-Pacific region and New Zealand, according to a Tuesday (Sept....

International
Evergrande Saga May, in Time, Boost Payments-Related Investments and Innovation
September 21, 2021

As Evergrande goes, so goes China — at least short term, at least in certain sectors of the economy, particularly financial services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Partnerships / Acquisitions
US Bancorp to Pay $8B for MUFG Union Bank
September 21, 2021

U.S Bancorp announced on Tuesday (Sept. 21) that it will acquire MUFG Union Bank’s regional operations in an $8 billion deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Alternative Finances
Pipe Debuts UK Recurring Revenue Trading Platform
September 21, 2021

Recurring revenue trading platform Pipe announced the offering is now available in the U.K., a growth initiative that has the company adding a pair of tech veterans to its international leadership ranks. Get the Full Story Complete the form to unlock this article and enjoy...

Payments Innovation
Stripe Launches Revenue Recognition Tool to Automate Financial Reporting
September 21, 2021

Online payments processor Stripe is launching an integrated revenue recognition tool to automate financial reporting and streamline accounting functions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Digital Banking
Digital Banking Company Q2 Joins Forces With Plaid to Bolster Banking Capabilities
September 21, 2021

Q2 Holdings Inc., a cloud-based provider of digital banking solutions, is collaborating with financial services company Plaid to improve the digital banking experience at small banks and credit unions, Plaid announced in its Tuesday (Sept. 21) blog post. Get the Full Story Complete the form...

Investments
Bilt Rewards Nets $60M in Funding
September 21, 2021

Bilt Rewards, which enables users paying rent the ability to accrue points to be redeemed on rewards, generated $60 million in a recent funding round, pushing its value to $350 million, according to a Tuesday (Sept. 21) report from Bloomberg. Top contributors included Mastercard Inc....