November 23, 2022
Mobile Loans Keep Africa’s Semiformal Economies in Business
Solopreneurs and micro-businesses are the lifeblood of Africa’s informal and semiformal economies, but when it comes to accessing working capital loans, they are typically underserved by most financial institutions. Related:...
November 23, 2022
9 in 10 CFOs Focused on Payments Automation and Transformation
The benefits of streamlining and modernizing the payment experience through digital tools and forward-looking investments appear to have sunken in. New research shows nine out of 10 chief financial officers...
November 23, 2022
ASIC: Block Earner Ran Unlicensed Crypto Investments
The Australian Securities and Investments Commission (ASIC) has sued the FinTech company Block Earner for allegedly offering cryptocurrency investments without a license. “Block Earner offered a range of fixed-yield earning...
November 23, 2022
Starling Bank Reminds Customers It Is Cracking Down on Crypto
Months after announcing it would steer away from digital assets, United Kingdom neobank Starling Bank has increased its anti-cryptocurrency campaign. In a statement to PYMNTS Wednesday (Nov. 23), the bank...
November 23, 2022
Rewards Drive eCommerce Engagement With Price-Sensitive Grocery Shoppers
In the face of consumers’ ongoing price concerns, grocers are leveraging rewards and other digital offers to drive sales and maintain loyalty. Take Netherlands-based multinational grocery retailer Ahold Delhaize, which...
November 23, 2022
SBF Blames ‘Oversight Failure’ in Apology to FTX ‘Family’
FTX founder Sam Bankman-Fried says his own lack of oversight helped lead to the demise of the company. In an apology to his former employees published late Tuesday (Nov. 22),...
November 22, 2022
BNY Mellon and Conduent Debut Digital Payments Hub
Business process solutions company Conduent has launched its new digital integrated payments hub, offering businesses and public sector agencies a centralized platform consolidating different payment processes and systems. With this...
November 22, 2022
2023 Outlook: The Year of Real-Time Data-Driven Treasury
As treasury departments around the world look ahead to 2023, the words on most lips are “real time.” On the one hand, new rails that enable real-time payments, from payroll...
November 22, 2022
Crypto Contagion Sends Coins and Companies Tumbling
FTX continues to be an industry “market maker” from beyond the grave, as the realities of entangled counterparty risk rear their heads throughout the cryptocurrency industry, while stoking fears over...