News

Regulation
Germany’s Financial Regulator BaFin Set to Relax Crackdown on FinTechs
February 21, 2024

Germany’s financial regulator, BaFin, is reportedly set to relax its crackdown on FinTechs. 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....

Investments
Fabric Raises $60 Million to Grow Conversational AI-Powered Healthcare Platform
February 21, 2024

Fabric, a health technology company, raised $60 million in a Series A round to expand its care enablement platform for healthcare providers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Buy Side, Supply Side: Winning the B2B Payments Fraud War
February 21, 2024

Fraud is a costly and common problem in payments. 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,...

Regulation
Competitors Say Apple’s Plans Don’t Comply With Digital Markets Act
February 21, 2024

Apple is reportedly facing pushback from rivals like Meta and Microsoft over its plans to comply with the Digital Markets Act in the European Union (EU). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cross-border Payments
Failed Cross-Border Payments Cost US Merchants an Estimated $3.8B
February 21, 2024

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 to receive marketing communications from PYMNTS and...

Retail
D2C Brands Find Quicker Checkout May Cause Friction for High-Value Purchases
February 21, 2024

While direct-to-consumer brands may generally find that less is more when it comes to consumers’ checkout experiences, Sonos has found that for the high-consideration items it sells, adding more steps to the process can help consumers feel more confident in their purchases. Get the Full...

B2B Payments
Bank of America: ‘Network Effect’ Will Help B2B Payments Move to Cards
February 21, 2024

Andrew Stewart, director of global card and comprehensive payables at Bank of America, said there has been a seismic shift in commercial (B2B) payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Payment Methods
Consumers Choose Pay-by-Bank Payments for Lower Fees
February 21, 2024

Account-to-account (A2A) payments, also known as pay-by-bank, are gaining popularity among consumers. 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...

Retail
Stellantis to Launch Electric Trucks and Muscle Cars in US
February 20, 2024

Stellantis, the parent company of Jeep, is reportedly taking a unique approach to the electric vehicle (EV) market in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...