News

IPO
FinTech IPO Index Jumps 7.3%, Lending Platforms Soar as Fed Signals Rate Cuts   
December 15, 2023

The Fed’s signaled a pause for now — and rate cuts on the horizon. 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...

B2B Payments
Why Automation Alone Won’t Transform B2B Payments in 2024
December 15, 2023

In the world of B2B commerce, staying ahead of the curve is crucial for success. 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,...

Retail
Cash-Strapped Consumers Are Still Buying Small Indulgences
December 14, 2023

There is an economic theory that can be traced back to the Great Depression of the 1930s: the Lipstick Effect, which suggests that even in the toughest economic times, consumers will still spend money on small indulgences such as lipstick.  Get the Full Story Complete...

Retail
Chewy Launches Vet Service as Consumers Keep Spending on Pets
December 14, 2023

Pet products retailer Chewy is launching “Chewy Vet Care,” a network of pet health practices. 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....

Faster Payments
FedNow Closes 2023 With 300-Plus FIs Using Instant Payments Network
December 14, 2023

The Federal Reserve says 331 financial institutions (FIs) are employing the FedNow® Service, its real-time payments system. 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...

Investments
Smartpricing Raises $14 Million for AI-Powered Hotel Revenue Management
December 14, 2023

Smartpricing has raised $14 million to enhance its apartment and hotel sector revenue management software. 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,...

Digital Banking
TD Bank and Plaid Partner to Ease Access to Apps
December 14, 2023

TD Bank Group and Plaid have partnered to eliminate the need for TD customers in Canada and the United States to share login credentials with third-party applications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Salv Raises $4.3 Million to Expand Financial Crime Compliance Solutions 
December 14, 2023

Estonia-based Salv, a provider of financial crime compliance solutions, has raised 3.9 million euros ($4.29 million) in new funding to fuel its expansion in the United Kingdom.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Lolli Raises $8 Million to Grow Bitcoin Rewards Program
December 14, 2023

Lolli has raised $8 million to expand its bitcoin/cashback rewards program. 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...