News

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...

Investments
Moment Raises $36 Million to Automate Fixed Income Investments
July 09, 2025

Moment has raised $36 million in new funding for its fixed income automation offering. 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...

Payments Innovation
Issuers Want Core Banking and Processing Relationships With a Single Provider
July 09, 2025

For card issuers seeking to modernize and digitize, there’s a strong preference to have a go-to provider as a single point of access for critical functions, PYMNTS Intelligence data show. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
FSB Calls for New Curbs on Shadow Bank Companies
July 09, 2025

The Financial Stability Board, a global financial watchdog, is calling for greater oversight of the multitrillion-dollar shadow banking sector. 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...