News

Investments
Creative Group FinTech Lands $25M To Expand Into 30 Countries
June 27, 2019

Amsterdam-based startup Creative Group announced it has raised €22 million in funding from Prime Ventures. The funding will be used to help the company expand to 30 countries by the end of next year. Get the Full Story Complete the form to unlock this article...

Regulation
EU Could Restrict Automated Surveillance Solutions
June 27, 2019

The European Union will be taking a closer look at proposals to restrict or ban some uses of automated surveillance tools, including facial-recognition software. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
The Case For Localizing Mom-And-Pop Investment
June 27, 2019

When small business (SMB) investment marketplace MainVest announced a $3 million Seed funding round last week, it did something that many Main Street SMBs cannot do. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Cross-Border Payments And China In Focus
June 27, 2019

Cross-border initiatives have been spotlighted this past month with a strategic partnership between Ripple and MoneyGram. Other announcements, such as from JPMorgan, show country-specific focus, such as with China, on the trading of physical goods. Elsewhere, a SWIFT white paper calls for cross-border collaboration.

B2B Payments
Demica Opens Trade Finance Platform To Banks
June 27, 2019

Trade and receivables financing company Demica is launching a new platform for banks to bolster their own financing operations, reports in Global Trade Review said on Wednesday (June 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
CardFlight Eyes Level 2 Data For Lower Biz Card Fees
June 27, 2019

Payment Software-as-a-Service firm CardFlight is introducing Level 2 card processing data into its software SwipeSimple, aimed at lowering transactions fees for B2B vendors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Weighing Faster Payments Opportunity And Risk For Corporates
June 27, 2019

New faster payment initiatives are popping up around the world, from Saudi Arabia to Brazil to Australia. In the U.S., accelerated transaction is gaining speed, too. According to the latest PYMNTS Faster Payments Tracker, Same Day ACH volume has seen a 24 percent increase year...

Regulation
Trump Says America Should Be Suing Tech Companies, Not EU
June 27, 2019

U.S. President Donald Trump lashed out at the EU on Wednesday (June 26) for its aggressive pursuit of U.S. tech companies and singled out EU antitrust commissioner Margrethe Vestager, saying she “hates America.” Get the Full Story Complete the form to unlock this article and...

Investments
Funding Round Pushes Resale Site StockX To Unicorn Status
June 27, 2019

StockX, the world’s first “stock market of things,” announced that it has closed on a $110 million Series C funding round, leading it past a $1 billion annual GMV run rate in less than three years. Get the Full Story Complete the form to unlock...