News

eCommerce
Checkout.com Intros Bespoke Solution to Support Marketplace Growth
September 08, 2022

Full stack payments firm Checkout.com is launching a new customized flexible solution to accommodate marketplaces and sellers in a digital economy that is always developing and advancing. The launch of Checkout.com’s latest tool, Integrated Platforms, is intended to assist the increasing number of people selling online by...

Banking
KeyBank on Why the Future Is Already Here With Embedded Banking
September 08, 2022

Embedded finance helps businesses reduce the risk of fraud and expands support for consumers’ preferred payment methods. In the "Embedded Finance Tracker®," KeyBank’s Bennie Pennington tells PYMNTS how this technology is allowing merchants to offer more cohesive end-to-end services to their customers.

Regulation
Fed’s New Vice Chair Michael Barr Drafts Regulatory Agenda
September 08, 2022

About six weeks into his new role as Federal Reserve Vice Chair for Supervision, Michael Barr’s first speech focused on safety and fairness as he hinted at tougher oversight of cryptocurrency, bank mergers and climate change.  “Safety and fairness may seem like distinct goals, but...

Cross-border Payments
Technology Helps Teams Drive Digital Cross-Border Payments Progress
September 08, 2022

Ramana Satyavarapu, chief technology officer of Nium, told PYMNTS that we’re living in unprecedented times in which the very nature of money movement, especially cross-border money movement, is changing. As to what might be top of mind for a CTO, it boiled down to one...

B2B Payments
Too Many Industry Sectors Operate in Payments ‘Dark Ages’
September 08, 2022

The last two years may have exposed flaws in the way businesses conduct cross-border commerce, but there’s always room for improvement. In a recent conversation with PYMNTS, Boost Payment Solutions founder and CEO Dean Leavitt drove the fact home. Some businesses have embraced change more...

Retail
French Luxury Retailer Printemps Plans ‘Experiential’ NYC Store
September 07, 2022

French luxury department store Printemps is coming to America. The 150-year-old retailer announced in a Wednesday (Sept. 7) press release that it will move into the landmark building One Wall Street in New York City, with plans to open in 2024. “The U.S. is essential...

B2B Payments
Remote Workers’ Changing Preferences Influence CFO Policies
September 07, 2022

One of the top macro issues that consistently emerges in PYMNTS discussions with CFOs is the challenge of recruiting and retaining top talent. Data from the September edition of The Connected Economy™ Monthly Report sheds light on the state of the contemporary workforce that can...

B2B Payments
Today in B2B Payments: 2 Companies Announce Acquisitions
September 07, 2022

Today in B2B payments, FLEETCOR acquires Plugsurfing to facilitate payment for electric vehicle (EV) charging in Europe, while TimePayment buys QuickSpark to combine the two companies’ tools for the vendor finance industry. Plus, Mesh Payments raises $60 million, while CashFlo raises $8.7 million. FLEETCOR Acquires...

B2B Payments
Inflation Challenges Government Contractors’ Margins
September 07, 2022

CFOs of government contractors face different challenges than their peers at companies with a private sector customer base, but share many issues with those colleagues, according to Amy Wood, chief financial officer at Intelligent Waves. “The benefit to dealing with the government customer base is...