London-based payments infrastructure provider PPRO upped its latest funding round to $270 million with cash infusions from J.P. Morgan Chase & Co. and Eldridge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Silicon Valley’s Drip Capital has inked a deal with East West Bank that will provide the financial technology company with a $40 million line of credit. The FinTech said, in a press release, that it would use the money to expand its trade finance opportunities...
After decades of sluggish evolution, the B2B payments landscape has finally come to embrace a moment of accelerated innovation. While organizations large and small may be moving the needle on B2B payments digitization out of necessity in today’s climate, chief financial officers (CFOs) are using...
Criminals in Great Britain are exploiting people’s COVID-19-related anxiety to carry out an increasing number of online and technology-aided scams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
As India’s digital commerce battle heats up, the government is investigating Amazon’s business practices and is eyeing new regulations for eCommerce companies. India’s regulators are focusing on two issues: the treatment of sellers on the big eCommerce sites and foreign investment in those sites. Get...
In a battle, you fight with the weapons you’ve got. That’s true in corporate warfare, too, and especially in financial services, where traditional, entrenched players, like banks and credit unions, must joust with tech-nimble upstarts like FinTechs and neobanks to lure new customers – and...
In today’s top retail news, Kohl’s is bringing Cole Haan to 200 stores and its eCommerce website, while Shoe Carnival posted a 5.8 percent rise in net sales for the fourth quarter of fiscal 2020. Plus, RH reported record fourth-quarter and full-year results. Get the...
Several Chinese bankers have agreed to let Alipay, Ant Group’s finance arm and the biggest payments processor in China, take a larger percentage of fees as the FinTech works to regain lost valuation, the Financial Times (FT) reported. Get the Full Story Complete the form...
RH, the parent company of luxury furniture and home goods retailer Restoration Hardware, posted record fourth-quarter and full-year results Wednesday (March 24) while laying out a global expansion plan it said will deliver a 10x increase in sales in the years to come. Get the...
