News

Regulation
UK Watchdog Shutters 1,600 Unlawful Financial Services Websites
July 10, 2025

The United Kingdom’s Financial Conduct Authority shuttered over 1,600 websites last year suspected of promoting financial services without permission. 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...

Payment Methods
New Fed Analysis Leverages PYMNTS Findings to Spotlight Pay by Bank
July 10, 2025

Open banking, and specifically pay by bank, promises to transform commerce by letting consumers make purchases and funds transfers directly from their accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
How B2B Payments Data Turns Customer Retention Into a Growth Strategy
July 10, 2025

Sales cycles are longer. Budgets are tighter. Customer churn is costlier than ever. 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
Propel Raises $100 Million to Revamp Financial Services Infrastructure 
July 10, 2025

Investment firm Propel Venture Partners has raised $100 million for its latest fund. 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...

International
TikTok Working on Standalone App for American Users
July 10, 2025

TikTok’s standalone U.S. app will reportedly use a separate algorithm and data 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 Today....

Payments Innovation
Tokenization Emerges as Guardian of Contactless Payments and Merchant Value
July 10, 2025

Watch more: Tokenization Emerges as Guardian of Contactless Payments and Merchant Value 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...

Artificial Intelligence
Martini.ai Puts a Real-Time AI Corporate Credit Risk Model in Everyone’s Hand
July 10, 2025

Watch more: Martini Puts a Real-Time AI Corporate Credit Risk Model in Everyone’s 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 newsletter, PYMNTS...

Fintech Investments
Revolut Reportedly Aims to Raise $1 Billion for Global Expansion
July 09, 2025

Revolut is reportedly in talks to secure $1 billion from investors in a private round that would value the company at $65 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Sovos and Tungsten Integrate Tax Compliance and AP Automation Solutions
July 09, 2025

Sovos and Tungsten Automation have partnered on a compliant accounts payable (AP) solution that is designed to streamline the procure-to-pay and compliance lifecycle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...