News

B2B Payments
SMBs Remain Hot Spot For Open Banking Business Models
December 11, 2019

As the open banking business model permeates into the B2B financial services market, FinTechs and traditional financial institutions continue to find new use cases for API integrations and connectivity to elevate the business-user experience. Get the Full Story Complete the form to unlock this article...

B2B Payments
Cannabis Shows Early Signs Of Late Supplier Payments Struggle
December 11, 2019

The gradual legalization of cannabis in the U.S. and elsewhere has opened up an opportunity not only for new businesses to form, but for those young companies to leapfrog over the growing pains of digital transformation experienced by their peers in other markets, and emerge...

B2B Payments
The Architecture Of A Cross-Border B2B Payment
December 11, 2019

For years, any attention given to solving B2B payments friction was typically focused on the payer. Yet, as innovators have chip away at friction points, they have recognized the value of incorporating a supplier’s accounts receivable (AR) experience into their solutions. Get the Full Story...

Alternative Finances
Why P2P Could Soon Play A Leading Role In Middle East FinTech
December 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. That doesn’t mean it’s been easy. So-called...

Mobile Payments
Will Contactless Move Credit Union Cards To Top Of Wallet?
December 11, 2019

Get ready for the contactless card surge. 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. By completing this form, you agree...

Payments Innovation
AI’s Place In The $50B RV Market
December 11, 2019

Consumers are beginning to express more preferences regarding their buying and selling experiences on online marketplaces, which are seeing an increased amount of competition in the market as they attempt to hold onto their customer bases. This competition can grow especially fierce as the demographics...

Investments
Zetwerk Raises $32M Series B Led By Lightspeed, Greenoaks Capital
December 11, 2019

Indian business-to-business (B2B) marketplace startup Zetwerk has raised $32 million in funding, led by new investors Lightspeed and Greenoaks Capital, reports said on Tuesday (Dec. 10). Existing investors Sequoia India, Accel and Kae Capital also participated in the Series B funding round, as well as...

Partnerships / Acquisitions
NYC’s Payoneer Acquires optile To Bolster Payment Technology
December 11, 2019

New York City digital payment platform Payoneer is set to acquire the Germany-based open payment orchestration platform optile, Payoneer announced in a press release on Tuesday (Dec. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Partnerships / Acquisitions
DOJ To Review Google’s Fitbit Acquisition For Antitrust Flags
December 11, 2019

The United States Department of Justice (DOJ) is going to investigate Google’s proposed $2.1 billion acquisition of Fitbit for potential antitrust issues, according to Reuters. Google, owned by Alphabet, would be able to compete in the wearables sector against companies like Samsung and Apple if...