News

Investments
Yonder Raises $31 Million to Expand Credit Card Outside UK
September 19, 2024

Yonder has raised 23.4 million pounds (about $31.1 million) to expand its credit card designed to help cardholders build good credit habits while earning rewards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
FCA Head Nikhil Rathi Says AI Has Benefits and Risks for Financial Inclusion
September 19, 2024

The hyper-personalization of insurance enabled by artificial intelligence could benefit some customers but render others “uninsurable,” Nikhil Rathi, CEO of the United Kingdom’s Financial Conduct Authority (FCA), said Thursday (Sept. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Amazon and Walmart Add Membership Value to Deepen Loyalty
September 19, 2024

As retail giants Amazon and Walmart race to capture consumers’ online shopping spend, both aim to sweeten the deal for members of their paid subscriptions to drive loyalty and engagement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Faster Payments
Walmart Teams With Fiserv on Instant Bank Payments
September 19, 2024

Walmart is reportedly enhancing its pay-by-bank offering via a partnership with Fiserv. 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...

B2B Payments
Global Embrace of eInvoicing Targets Fraud
September 19, 2024

Businesses want to be paid in a timely manner. 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 this form,...

Cross Border Commerce
How AI and Blockchain Innovations Are Reshaping Cross-Border Commerce
September 19, 2024

The bigger the connected economy gets, the smaller the effort it takes to join. 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...

Investments
AtoB Raises $130 Million to Fuel Transportation Payments Services
September 19, 2024

Transportation industry payments solution provider AtoB has raised $130 million in equity and debt funding. 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
Report: Mercado Libre Plans Mexico Expansion of Working Capital Funding With $250 Million in Financing
September 19, 2024

Mercado Libre has reportedly secured $250 million in financing from JPMorgan to grow the business of its FinTech arm Mercado Pago in Mexico. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Wearables
Meta Explains Why Smart Eyewear Will Finally Have Its Moment
September 19, 2024

The augmented reality and smart tech wearable market is heating up as Google, Snap, and Meta have recently either unveiled products or announced partnerships to develop wearables and adding artificial intelligence (AI) to the mix. Get the Full Story Complete the form to unlock this...