In a world of disintermediated financial products, consumers still show a strong propensity for one banking relationship that brings it all together — and many will switch to get that. For “Bundled Banking Products: Matching Product Offerings With Customer Demand,” a PYMNTS and Amount collaboration,...
Smart, a London-based company that provides retirement technology, has raised 40 million pounds ($47.5 million) in growth financing from CIBC Innovation Banking, according to a Thursday (July 14) press release. Smart will use the funding to expand its market growth, launch new products and make...
The RTP® network raised the bar for real-time payments with its $1 million transaction limit. In the "Real-Time Payments Tracker®," Corporate One Federal Credit Union CEO Melissa Ashley tells PYMNTS about other ways the limit increase is changing the game, from housing to cars to...
Jim McCarthy, president of i2c, told PYMNTS’ Karen Webster that banking is sure to follow the “embedded path” we’ve seen pretty much everywhere else in life. Consider the fact that not all that long ago, navigation was not part of the car; it was something...
Unraveling mysteries of the consumer psyche stumps the best of them, but this much seems clear: Consumers react differently to discounts versus cash back, and that’s a vital distinction in 2022. Calling out roughly $250 billion in annual marketing expenditure by consumer packaged goods (CPG)...
Deliveroo UAE is rolling out a rapid grocery delivery service called Deliveroo Hop, a store that in partnership with retailer Choithrams will offer deliveries in as little as 15 minutes, a press release said. The service will rely on a “deep integration” of Deliveroo’s grocery...
FPL Technologies, which offers credit cards under the name OneCard, has become a unicorn after a funding round that valued the company at over $1 billion. Temasek, one of the world’s biggest investors, has led the Series D round for over $100 million, according to...
DiMuto, an AgriFood trade solutions firm, has debuted a B2B eCommerce marketplace connecting AgriFood suppliers, growers and exporters to importers, wholesalers and retailers, according to a Tuesday (July 12) press release. The new multi-vendor market will create a “one-stop” destination for AgriFood products, the company...
Investors would argue that New York, home to the two largest stock exchanges in the world, is clearly the nerve center of the global economy. Others might point to Hong Kong as the engine of international commerce thanks to its deep ties with the world’s...
