News

B2B Payments
Digitization and Digital Payments Delivering Greater Trust For Indian SMBs
August 31, 2021

Smartphones have rapidly become ubiquitous across the developing world, and hundreds of millions of Indians have come online in the past decade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Payables Departments Confront Need To Consumerize Business Payments
August 31, 2021

For much of the manufacturing, healthcare, higher education and hospitality sectors, the accounts payable (AP) regimen is still largely an outdated process in which employees spend countless hours going through invoices, scribbling numbers on checks before mailing them to suppliers who then have to cash...

Partnerships / Acquisitions
Prosus Reaches $4.7B Deal For India’s BillDesk
August 31, 2021

Dutch technology investment firm Prosus is closing a $4.7 billion deal to acquire Indian payment firm BillDesk, which Prosus will combine with its FinTech PayU, also in India.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Canada’s Tech Companies Expect Months’ Delay in Supply Chains
August 31, 2021

The pandemic has continued to snarl supply chains and cause shipping woes for businesses with Canadian tech companies hit hard, according to Yahoo on Monday (Aug. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
Europe is Ripe for Instant Payments Where 73% of All Transactions are Still Done in...
August 31, 2021

Agnostic is a word that European Payments Council (EPC) Director General Etienne Goosse often uses to describe the mandate of the payments association that counts 2,343 payments services providers, representing about 59% of all EU payment service providers (PSPs), as members. Get the Full Story...

Security & Fraud
Healthcare Providers Turn to AI to Rein in Fraudsters’ 240-Hour Head Start
August 31, 2021

In the battle against healthcare fraud, where the job is to make sure cyberattackers don’t make off with sensitive data or funds, it might seem as if the deck is stacked against the good guys. Get the Full Story Complete the form to unlock this...

Banking
Report: Insurers Tap Open Banking to Keep Payments Process Seamless
August 31, 2021

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B2B Payments
SaaS Startup Factors.AI Raises $2M in Seed Funding
August 31, 2021

The software-as-a-service (SaaS) startup Factors.AI has raised $2 million in seed funding, the company announced Monday (Aug. 30). 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...

Investments
Payments Startup Melio May Reach $4B Valuation With Latest Funding
August 30, 2021

Melio Payments is set to triple its valuation in a new funding round, The Information 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...