March 05, 2023
FinTech Cash Burn Totaled $12 Billion in 2022
Recently listed tech companies reportedly went through more than $12 billion in cash during 2022. And as the Financial Times (FT) reported Sunday (March 5), many of these companies are...
March 05, 2023
India’s OfBusiness Debuts Raw Material Procurement App
Indian B2B platform OfBusiness has launched an app to help small businesses obtain credit and raw materials. The app lets micro-, small and medium enterprises (MSMEs) procure materials, compare prices...
March 05, 2023
Baltics Accelerate Real-Time Adoption Amid Faster Payment Headwinds in Europe
The Baltic region, with a population of over 6 million, has grown into a thriving FinTech hot spot in Europe and a regional frontrunner in digital payments adoption. And when...
March 05, 2023
Merchants Tap Open Banking to Expand In-Store Payment Options Amid...
From self-checkout lanes and kiosks to fully autonomous stores, unattended retail is gaining momentum around the world. With this retail experience, merchants are able to accommodate a broad range of...
March 03, 2023
ATMs Take on New Tasks Even as Their Numbers Decline
There’s still demand for ATMs even as their numbers are declining. For example, workers who receive tips like to use the machines to get that cash into their accounts, the...
March 03, 2023
Getmomo and VVRB Team on Underwriting Tenants’ Cash Deposits
Getmomo has partnered with Vereinigte Volksbank Raiffeisenbank (VVRB) to underwrite tenants. With this collaboration, the Berlin-based vertical payment platform for real estate and the German bank provide an alternative to the traditional cash...
March 03, 2023
Ramp Raises $5 Million for User and Revenue Forecasting Platform
Ramp has raised $5 million in seed funding for its user and revenue forecasting platform. The tool uses cohort-based forecasting to run scenarios and forecasts in minutes and predict customer...
March 03, 2023
AI Critical to Making Business Payments Faster and Safer
“Real-time payments processing is becoming a reality in B2B,” Manish Jaiswal, chief product and technology officer at Corcentric, told PYMNTS. But as payments get faster, enterprises large and small will...
March 03, 2023
Digital-First Banks Well-Positioned to Win Small Business Hearts and Minds
Traditional FIs are at risk of losing their business banking relationships — especially with smaller firms. Doug Brown, president of NCR, told PYMNTS’ Karen Webster that the typical small and...
