News

Investments
Indian FinTech Perfios Raises $229 Million to Expand Into North America and Europe
September 11, 2023

Perfios, an Indian B2B Software-as-a-Service (SaaS) FinTech, has raised $229 million in a Series D funding round. 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...

eCommerce
Splitit and AliExpress Bring ‘Pay After Delivery’ to the US
September 11, 2023

Installment payment platforms Splitit and AliExpress are bringing their “Pay After Delivery” offering to the United States. 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...

Investments
AMP Raises $18.5 Million for Interconnected Platform for eCommerce Merchants
September 11, 2023

AMP has raised $18.5 million in a Series A funding round to expand its interconnected platform for eCommerce merchants. 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...

Security & Fraud
Report: Hackers Steal Over $691,000 in Phishing Attack on Social Media
September 11, 2023

Hackers reportedly gained control of the X, formerly Twitter, account of Ethereum founder Vitalik Buterin and stole more than $691,000 from unsuspecting victims. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
ABC Finance Launches Platform to Connect Business Owners With Lenders
September 11, 2023

ABC Finance has introduced an invoice finance comparison tool that quickly connects business owners with lenders who meet their funding requirements. 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...

Payment Methods
Loyola Taps ‘Just Walk Out’ Tech to Expand Student Convenience Store Hours
September 11, 2023

Loyola University Maryland is leveraging Amazon’s “Just Walk Out” technology to dramatically increase its ability to meet student demand for food and essentials at almost all hours of the day. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payment Methods
NFC Poised to Become Big Tech, Open Banking Battleground
September 11, 2023

Consumer choice is at the heart of open banking, and, according to the Consumer Financial Protection Bureau (CFPB), open ecosystems and interoperability are among the key enablers of consumer choice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
Funding for AI Chipmakers Plummets as Nvidia Ascends
September 11, 2023

Nvidia’s gain has reportedly been other chip startups’ loss. 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. By completing this form,...

Retail
Rent the Runway Struggles to Meet Soaring Consumer Demand
September 11, 2023

As consumers increasingly prioritize mindful consumption across various facets of their lives, rentals have emerged as a popular means of accessing new styles without the burden of commitment and excessive consumption of items that might only be used once or twice. This mindset has proven...