For digital payments, for eCommerce, when a bank gets interrupted … the impact is instantaneous and disruptive. 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...
San Francisco-based Empower Finance, a mobile banking app aimed at helping millennials save wealth, has raised $20 million in a Series A funding round led by Defy Ventures and Icon Ventures, according to a report. The Founder and CEO of Nubank David Velez also participated...
In today’s top payments news, the Indian government has taken control of Yes Bank as it creates a bailout plan for the bank, and JPMorgan CEO Jamie Dimon is recovering from emergency heart surgery. Also, fears over the coronavirus could cost the airline industry more...
FinTechs are helping banks focus on the customer experience through accounts payable (AP) automation. AvidXchange Senior Vice President of Financial Services Boyce Adams Jr. told PYMNTS in an interview that banks foundationally value “the relationship they have with the customer” and “they understand the customer.” These financial...
Quona Capital, a venture capital firm based in Washington and Bengaluru, has closed its second fund with $203 million in commitments, according to a report by Deal Street Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
This week in payments can be summed up, of course, in one word: 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 Today....
Since the dawn of the internet in the mid-90s, there have been some genius ideas and some completely innovative business models. We don’t search, we Google. We don’t shop at Amazon, we one-click. And we don’t need a ride anymore – we need an Uber....
As Italy deals with one of the most severe coronavirus outbreaks beyond China, makers of products in the country from cheese and wine to leather shoes are struggling with disrupted production and dropping demand. Lombardy, which houses the industrial center of the country, and Veneto...
To bring online shopping visibility to fast-moving consumer goods (FMCG), Greece-based Convert Group has notched €1.2 million in seed funding. The startup offers software-as-a-service (SaaS) to let brands know how they are performing throughout eCommerce, according to reports. Get the Full Story Complete the form to...
