Conferma Pay and ConnexPay have joined forces to enable travel businesses to issue virtual cards. This collaboration combines Conferma Pay’s virtual card ecosystem with ConnexPay’s virtual card issuing engine and real-time funding processes, offering a comprehensive and secure all-in-one payments solution, the companies said in...
London-based FinTech company Kriya has secured a new 50-million-pound (about $64 million) debt facility to scale its B2B payments volumes. The new funding will allow the company to power 1 billion pounds of B2B payments over the next two years via its PayNow and PayLater...
Volkswagen is reportedly in discussion with technology companies to launch an artificial intelligence partnership. The German carmaker would work with these tech groups to create digital prototypes for products and features that use AI, Reuters reported Wednesday (Jan. 31). To help this effort, Volkswagen has...
India’s banking regulator ordered Paytm Payments Bank to stop conducting business. The Reserve Bank of India made the order Wednesday (Jan. 31), saying an audit uncovered compliance issues connected to the bank, which processes transactions for the Indian FinTech Paytm. The RBI had in 2022...
Retailers are embracing augmented reality (AR) to improve consumer experiences, leave a lasting impact, foster greater confidence in the brand, and ultimately encourage purchases. This is critical in the turbulent sea of inflation and shifting consumer sentiments. Walmart’s approach is aimed at a specific category...
Artificial intelligence is hardly a novel concept. According to Mangopay Chief Product Officer Kirk Donohoe manifestations of AI and predictive AI have been part of the technological landscape for quite some time. However, the evolution of AI, particularly generative AI, has introduced a transformative shift...
Brandy Wood, vice president and head of client experience products at Carat from Fiserv, told PYMNTS that despite all the headlines and controversies swirling around artificial intelligence, the concept is nothing new. “It’s been around since the 1950s,” she said in an interview conducted as...
One of the books tech founders consistently quote is “Crossing the Chasm” by Geoffrey Moore. It has become something of a bible for tech sales and marketing. Although Moore wrote the book in 2006, some of his thinking could have been written about the current...
Three members of Congress have urged the Consumer Financial Protection Bureau (CFPB) to reopen and extend the public comment period on its proposed rule that would allow it to supervise large nonbank companies that offer services like digital wallets and payment apps. They also urged the CFPB to reconsider...
