News

B2B Payments
US B2B FinTech Firms Lag With VC Investors
April 26, 2019

It was a slow week for B2B FinTech funding rounds, but investors nevertheless provided an impressive sum to industry startups. In total, more than $107 million was raised, with investors targeting the small business (SMB) back office, lending and B2B payments. Interestingly, U.S. B2B FinTech...

B2B Payments
iwoca Surpasses Santander, HSBC In Small Biz Loan Volume
April 26, 2019

U.K. alternative lender iwoca’s growth could signal ramped up competition between banks and FinTechs, according to new data. 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...

B2B Payments
FBI: BEC Scams Stole $1.2B In 2018
April 26, 2019

BEC scams are proving lucrative, according to recent FBI reports, which found that the bad guys’ haul doubled in 2018 over 2017. Separately, in Ireland, students accused by authorities over payments fraud have allegedly been learning a lot more than reading, writing and arithmetic.

IPO
Uber Aims For $90B IPO Valuation; PayPal To Invest $500M
April 26, 2019

Uber, the ride-hailing startup gearing up to go public via an initial public offering (IPO), is reportedly seeking a valuation of between $80 billion and $90 billion and is getting a $500 million investment from PayPal. Get the Full Story Complete the form to unlock...

Payments Innovation
Citigroup Ramps Up Payments Tech With New Tools
April 26, 2019

Citigroup’s Global Head of Payments and Receivables Manish Kohli is relying on technology to increase its payment business. 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...

Mobile Commerce
Study Reveals Consumers’ Mobile Shopping Behaviors
April 25, 2019

Consumer dependence on smartphones is often derided as a distraction, but they have also become a vital mobile shopping and buying tool – whether in-store or from a living room sofa. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Unattended Retail
Worldnet Completes Certification Of Unattended Card Reader
April 25, 2019

Worldnet Payments has completed the EMV certification of the ID TECH VP5300, an unattended card reader, the company said in a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
With ‘Cryptokicks’ Application, Nike Signals It May Be Launching Its Own Currency
April 25, 2019

Footwear giant Nike has submitted an application to trademark the term “cryptokicks,” according to reports. 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,...

B2B Payments
Vocalink Brings Real-Time Payments To Saudi Arabia
April 25, 2019

Vocalink is teaming up with Saudi Payments to launch real-time payments in Saudi Arabia, reports in Thomson Reuters Zawya said Thursday (April 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...