News

B2B Payments
Demand for Next-Day Delivery Drives Need for Efficient Logistics
September 07, 2021

Spiraling consumer demand for same-day delivery of everything has challenged retailers to restructure supply chains and add more routes, trucks and drivers wherever possible.  To control the rising cost of providing this unprecedented level of service, retailers are scrounging for efficiencies wherever they can find...

Merchant Innovation
Consumers Want Self-Service Checkout Options But Rarely Get to Use Them
September 07, 2021

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Digital Banking
After Slow Start, American-Style Open Banking Is Set to Catch and Eclipse European Rivals
September 07, 2021

For open banking to truly gain traction, and for individuals to feel comfortable sharing their financial data with third-party providers, there’s room – a necessity, even – to have a range of intermediaries involved in the mix, a list that includes even tried-and-tested players such...

Partnerships / Acquisitions
Checkout.com to Debut JCB’s Card Authentication in UK
September 07, 2021

Checkout.com, a global payments platform, will be implementing card issuer and payment company JCB’s J/Secure2.0 authentication platform for card-not-present transactions for its merchants in the U.K. The service will add more identification requirements and make checkouts more secure, a press release stated on Tuesday (Sept....

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 —...