Grocers looking to boost holiday sales would do well to offer seasonal deals. By the Numbers Research from PYMNTS’ recent study “New Reality Check: The Paycheck-To-Paycheck Report — The Holiday Shopping Edition,” created in collaboration with LendingClub, which draws from a survey of more than 3,400...
Digital payments and banking technology company i2c is partnering with Dominican Republic-based financial group Grupo Popular to expand digital banking services in the country. In a Monday (Nov. 28) press release, i2c announced the partnered platform, Qik Banco Digital Dominicano, as a means to give...
Equals Group is set to acquire Roqqet in a deal subject to regulatory approval. In a press release announcing the acquisition Monday (Nov. 28), the U.K.-based FinTech Equals said the purchase of the open banking payments firm will enable it to offer its merchant customers...
Southeast Asian eCommerce ecosystem Society Pass (SoPa) says it has integrated Stripe’s financial infrastructure solutions onto its platform. “Leveraging Stripe’s cutting-edge technology solutions, Society Pass expands the product and geographical reach of its ecosystem, simplifies payment flows, and accepts payments at scale in multiple currencies,”...
U.K. neobank Atom Bank announced on Friday (Nov. 25) that it has raised 30 million pounds ($36 million), and will use the capital to fund its customer lending and drive growth. Previous investors BBVA, Toscafund and Infinity Investment Partners contributed, bringing the firm’s total investment...
The Freedom Bank of Virginia has deployed FinTech company Autobooks’ tools to add digital invoicing and payments solutions for the bank’s business clients. With this new collaboration, Freedom’s small business clients can generate invoices that include a “pay now” button and send them directly to...
Carlyle Group has reportedly raised $3.1 billion for a European tech fund that is targeting “pockets of life” in an economy hit by a pandemic, inflation and the war in Ukraine. The fund’s principals — Michael Wand and Vladimir Lasocki — told Reuters Monday (Nov....
Following its August acquisition of payment technology firm Conferma Pay, software and technology provider Sabre has partnered with Mastercard to enable B2B travel payments with virtual cards. With this new collaboration, securely generated, single-use card numbers make it easier for travel buyers and suppliers to...
As restaurants try to prevent inflation-concerned consumers from trading down, many brands are becoming more aggressive in their rewards and deal offers in an effort to keep diners coming back. “With some of the macroeconomic trends ahead, I think it would make sense if rewards...