News

B2B Payments
US Bank Brings FinTech Collaboration To The Next Level With Bento Buy
August 17, 2021

Financial institutions continue to embrace collaborations and integrations with FinTechs, but this week, U.S. Bank elevated that strategy with its FinTech acquisition. Plus, Brazil takes its next steps in open banking, and more bank-FinTech tie-ups emerge. Get the Full Story Complete the form to unlock...

B2B Payments
Community Banks Drive Innovation For SMBs With FinTech Collaboration
August 17, 2021

Small- to medium-sized business (SMB) banking has faced an uphill battle over the decades. Often viewed as too unprofitable to justify major investments, the SMB client has historically fallen somewhere between a consumer and corporate in the eyes of the traditional financial institution (FI). Get...

Regulation
Chinese Watchdogs Tighten Tech Grip With New SAMR Rules
August 17, 2021

New draft rules were handed down from China’s State Administration for Market Regulation (SAMR) on Tuesday (Aug. 17) that tighten the state’s regulatory grip on how technology platforms conduct business, according to Reuters and other news outlets. Get the Full Story Complete the form to...

Faster Payments
As Real Time Nears Prime Time, B2B and X-Border Commerce Face Extreme Makeover
August 17, 2021

Real-time payments may be most visibly changing the face of how employees — including gig workers — get paid. 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...

Merchant Innovation
How D2C Mail-In Doggie DNA Kits Turn Data Into Research That Helps Dogs Live Longer
August 17, 2021

Fresh off a $75 million fund raise and a record-setting year of pandemic era growth fueled by a spike in pet ownership, Boston-based Embark Veterinary is looking to turn that money and momentum into its next big project; extending the lives of dogs by 3...

International
Floods, COVID Resurgence Slow Chinese Economy, eCommerce Creeps Up 4.4 Pct In July
August 16, 2021

With a new surge of COVID-19, China has seen its economy slowing, CNBC reported. 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 to our daily newsletter, PYMNTS...

B2B Payments
B2B Payments Today: Vizient Talks Hospitals’ Procurement Priorities; Biller Eyes BNPL’s B2B Rise
August 16, 2021

Today in B2B payments, Vizient discusses hospitals’ procure-to-pay priorities and Biller discusses Buy Now Pay Later’s rise in B2B eCommerce. Plus, India’s IIFL Finance collaborates with FinBox, Plendify launches a B2B eCommerce app and Xeeva upgrades its procurement platform. Get the Full Story Complete the...

Partnerships / Acquisitions
Minnwest Bank, Roundbank To Merge By Year’s End
August 16, 2021

Minnwest Bank and Roundbank recently announced that the financial institutions (FIs) have signed an agreement to merge. The transaction is expected to complete by year’s end, pending regulatory approval. Financial details of the deal were not disclosed.  Get the Full Story Complete the form to...

Delivery
Deliveroo Stock Price Returns to IPO Levels After Long Climb Back
August 16, 2021

Food delivery company Deliveroo finally returned to its IPO price (390 pence, or about $5.40), almost five months after the company struggled out of the gates in public trading in March, completing a surge of more than 70 percent since it bottomed out in April....