News

Biometrics
Mashreq Deploys Electronic Facial Recognition to Allow Online Bank Account Onboarding
July 05, 2023

Mashreq has launched electronic facial recognition (EFR) technology to facilitate the onboarding of large corporate clients. 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
Did Kroger Just Trade Debit Rewards for Digital Coupons and Credit?
July 05, 2023

Debit remains among consumers’ preferred payment methods, allowing them to spend only the funds on hand.  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...

Banking
Silicon Valley Bank Cautiously Restarts Lending Operations
July 05, 2023

Silicon Valley Bank (SVB) has reportedly — and carefully — reentered the startup/venture lending business. 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...

Artificial Intelligence
NYC Cracks Down on AI Use in Hiring Decisions
July 05, 2023

New York City has become the first city in America to regulate artificial intelligence (AI) use in hiring. 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...

Investments
Accounting Platform Dougs Raises $27 Million After Self-Funding for 8 Years
July 05, 2023

After eight years of self-funding, French accounting startup Dougs has  raised its first outside financing. 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
BP Begins Rollout of Digital Payments Solution for Fleets
July 05, 2023

BP has begun its rollout of a digital payments solution for fleets. 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...

eCommerce
Instacart GM Says Online Complexity Complicates Grocers’ Efforts to Build In-House Systems
July 05, 2023

As Instacart steps up its digital capabilities, it becomes increasingly difficult for grocers — especially smaller players — to build competitive in-house eCommerce systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
HealthTech Firm Neko, Co-Founded by Spotify CEO, Raises $65 Million
July 05, 2023

Swedish medical diagnostics company Neko Health has raised 60 million euros (about $65 million) to expand beyond its borders. 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...

eCommerce
Data Security Can Help Merchants Swing Consumer Loyalty Their Way
July 05, 2023

As eCommerce merchants look to win the loyalty of customers who are on the fence, there are a range of factors that can be make or break at the point of checkout for these persuadable consumers. Get the Full Story Complete the form to unlock...