News

IPO
Report: eCommerce Firm Floward Preparing for IPO in Saudi Arabia
November 22, 2023

Floward, a Middle Eastern eCommerce firm, is reportedly working with Goldman Sachs Group and HSBC Holdings for a planned initial public offering (IPO) in Saudi Arabia.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Biometrics
IDEX Biometrics Receives Initial Order From Smart Card Manufacturer
November 22, 2023

IDEX Biometrics has received an initial order for IDEX Pay, its biometric solution designed for metal cards, from a smart card manufacturing partner in Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Automating Away B2B Payment Frictions: Goodbye Antiquity, Hello Agility
November 22, 2023

When it comes to B2B payments innovation, thinking outside the box isn’t enough. 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....

Security & Fraud
FinCEN Alerts Financial Institutions About Ongoing ERC-Related Fraud Schemes
November 22, 2023

Fraud related to COVID-19 relief programs continues to occur “at a concerning scale.” 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
Birdseye Raises $3 Million to Back AI-Powered eCommerce Efforts
November 22, 2023

eCommerce-focused AI firm Birdseye has raised $3 million to help retailers launch “hyper-personalized” campaigns. 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...

Faster Payments
UK Government Says Country Needs Open Banking Alternatives to Visa and Mastercard
November 22, 2023

The U.K. risks falling behind other nations unless it can create an alternative to its Faster Payment Service. 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...

Investments
Relay Raises $10 Million to Expand Delivery Service Across UK
November 22, 2023

Relay raised $10 million in seed funding to expand its delivery service for retailers across the United Kingdom. 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...

Artificial Intelligence
This Week in AI: Sam Altman, for-Profits and Enterprise Accelerationism
November 22, 2023

The generative artificial intelligence landscape showed some of its biggest growing pains this week. 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...

Payment Methods
OVG Hospitality President: Consumers Demand Familiar Payment Tech at Live Events
November 22, 2023

As consumers increasingly rely on digital and self-checkout in their day-to-day lives, OVG Hospitality is seeing live event attendees demand more frictionless foodservice ordering and payment technologies in venues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...