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Banking
Revolut Valued at $45 Billion in Secondary Share Sale
August 16, 2024

Revolut signed agreements with investors for a secondary share sale that values the company at $45 billion. 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...

Banking
Exclusive: Mercado Pago CEO on Building Brazil’s Biggest Digital Bank
August 16, 2024

Most countries measure banking activity in terms of where and how it happens. Hence distinctions such as in-branch, ATMs, online and mobile. But in Latin America, for all intents and purposes, there’s only one kind of banking: digital. Get the Full Story Complete the form...

Payments Innovation
The Hidden Cost of Inefficient Cash Application
August 16, 2024

The key to success for many businesses lies within their finance departments. And the key to success within many finance departments is the embrace of efficient cash application processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Fintech Investments
FinTech IPO Index Jumps 5% as Sezzle and Expensify Lead the Upside
August 16, 2024

Earnings powered the FinTech IPO Index 5% higher in a week that was, as has been the case for the last month, dominated by earnings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Kroger Promises Product Price Cuts If Albertsons Merger Approved
August 15, 2024

Kroger has reportedly doubled the value of price cuts it has committed to making if its merger with Albertsons goes through. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Real-Time Treasury Transformations Define This Week in B2B Innovation
August 15, 2024

Technology is transforming the B2B space, not at a trickle but a flood of new, digital innovation. 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...

Artificial Intelligence
MIT’s AI Risk Database May Prompt Business to Change Processes
August 15, 2024

MIT researchers’ new artificial intelligence risk database could prompt companies to overhaul their AI strategies, potentially slowing adoption but enhancing safety in an era of rapid AI proliferation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Amount Raises $30 Million to Expand Into Credit Union Space
August 15, 2024

Banking technology firm Amount has raised $30 million to expand into the credit union 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 to our daily newsletter, PYMNTS Today....

Retail
Mars and Kellanova Forge Ahead in Digital Innovations Post-Acquisition
August 15, 2024

In the wake of Mars’ recent acquisition of Kellanova, both companies are navigating a digital landscape to assert their leadership in digital innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...