News

Fintech Investments
FinTech IPO Index Up 3.8% as Lemonade Surges on UK Expansion
July 19, 2024

Earnings season has yet to start making headlines and moving stocks in the FinTech IPO Index, but the overall group was up 3.8% through the week, and platforms were the prime movers. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
European Central Bank: Swift Outage Affected Real-Time Gross Settlement System
July 18, 2024

The outage at Swift that affected the Bank of England also impacted the European Central Bank. 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...

Regulation
UK’s FCA: Financial Firms Must Improve Treatment of Politicians
July 18, 2024

The United Kingdom’s Financial Conduct Authority (FCA) is looking to change its guidance to ensure that financial firms do not treat politicians and public servants unfairly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Small Business-Focused FinTech Wamo Raises $5 Million
July 18, 2024

London-based FinTech wamo has raised $5 million to develop small to medium-sized business (SMB)-focused banking solutions. 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...

CFPB
CFPB Says Earned Wage Access Programs Are Consumer Loans
July 18, 2024

Regulators are painting several types of lending products with a broad brush, bringing an ever-widening swath of lenders under federal purview. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payment Methods
Bank of England: CHAPS Payment System Service Restored After Outage
July 18, 2024

The Bank of England said Thursday (July 18) that a global payments issue that was affecting CHAPS, the United Kingdom’s high-value payment system, is now resolved. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Loyalty & Rewards
Domino’s Loyalty Refresh Doubles Members’ Pickup Orders Amid Consumer Hesitance
July 18, 2024

As consumers cut back their overall spending, Domino’s has been able to get its loyalty members to buy more by offering more effective rewards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Coast Raises $40 Million to Expand Solutions for Fleet Payments
July 18, 2024

Coast has raised $40 million in new Series B financing to accelerate adoption of its solutions for fleet payments. 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
Cash App Exiting UK to Increase Focus on US
July 18, 2024

Cash App says it will exit the British market as it focuses on the U.S. 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,...