Spending management company Brex has laid off 282 people — about 20% of the workforce — as part of a restructuring. “Today we’re restructuring Brex to...
Klarna CEO Sebastian Siemiatkowski said the Swedish FinTech company is considering an initial public offering (IPO) in the United States. It is “very likely” that Klarna will launch...
Canadian FinTech company Nuvei has formed a new global partnership with Adobe to enhance eCommerce payments. Through its integration with Adobe Commerce, Nuvei’s full payment...
Michael Berman, CEO of Ncontracts, told PYMNTS that financial institutions (FIs) are grappling with the increasing burdens of vendor lifecycle management. There can be what...
Peer-to-peer (P2P) payments are booming, with transaction volumes rising by 25%. This surge is caused by a growing number of businesses racing into the P2P...
Open banking promises to forge new financial ecosystems as data is shared among banks, corporates and consumers. Easier said than done. Banks must be on...
Indian FinTech company Paytm beat analysts’ estimates and reported narrower losses in the latest quarter. The company’s net loss for the three months through December...
The Fed may not cut rates as soon as many on Wall Street would have hoped. And that means, at least for now, dampened enthusiasm...
Cybrid, a provider of embedded finance application programming interface (API) solutions, has expanded its Fintech API platform to include business-to-business (B2B) payments. This move is...