News

eCommerce
D2C Brands Have the Smoothest Checkout and the Sales to Show for It
October 25, 2022

Relative to other kinds of eCommerce merchants, direct-to-consumer (D2C) brands are providing the most user-friendly checkout experiences, a key competitive advantage when it comes to driving sales and building loyalty. By the Numbers Research from “Building A Better Online Checkout Experience: The Key Features That...

Faster Payments
Veem Rolls Out Real-Time Payment Tool for SMBs
October 25, 2022

Veem has launched a real-time payment tool for small- to medium-sized businesses (SMBs) in more than 100 countries. The service is for businesses with domestic and cross-border payments, according to a Tuesday (Oct. 25) news release. “This will be the largest coverage of countries where...

Payment Methods
EU Eyes Requiring PSPs to Offer Instant Euro Payments
October 25, 2022

The European Commission is preparing to publish a draft payment law on Wednesday that will require payment service providers to offer 24/7 instant euro payment services, Reuters reported Tuesday (Oct. 25). Currently, Single Euro Payment Area (SEPA) instant payment rails have been beset by slow...

B2B Payments
Modernizing the Smokestack Economy With BNPL and Industrial Marketplaces
October 25, 2022

The process of getting rid of paper invoices and checks may not be new, but the drive to solve this old problem is generating some new thinking — especially when it comes to the transformation of big, old, dirty industries. That creativity is bringing some...

Regulation
Report: Stablecoin Caps are Being Reconsidered as MiCA Vote Nears
October 25, 2022

The caps placed on stablecoins in the Markets in Crypto Assets Regulation (MiCA) legislation that is now being considered by the European Parliament are reportedly no sure thing. These caps — which have been a controversial part of the MiCA legislation as the final vote...

B2B Payments
TradeCentric, Coupa Collaborate on eProcurement Solutions
October 25, 2022

Integration and automation provider TradeCentric and business spend management platform Coupa Software are enhancing their collaboration to help businesses discover solutions that optimize their spend and reduce risk. With this collaboration, TradeCentric is strengthening its presence on the Coupa App Marketplace, a platform that connects...

B2B Payments
Emburse Debuts Card to End Employee Out-of-Pocket Spending
October 25, 2022

U.K. spend optimization firm Emburse has debuted Emburse Cards, designed to eliminate the need for employees to spend money out of pocket. “The cards also offer immediate visibility into spend, enabling more dynamic budget management and reducing the potential for fraud and overspend,” the London-based...

Investments
Payments Platform ConnexPay Raises $110M, Plans European Expansion
October 25, 2022

Payments gateway ConnexPay has raised $110 million from a growth equity investment by FTV Capital. The funding, announced in a news release Tuesday (Oct. 25), will help the Atlanta-based company expand in Europe and beyond as well as enhance its payments platform. The investment brings...

Payment Methods
JPMorgan to Offer Meta Pay as Checkout Option
October 25, 2022

Meta has launched a partnership with J.P. Morgan Payments to offer Meta Pay as a checkout option for J.P. Morgan merchants. In an announcement sent to PYMNTS Tuesday (Oct. 25), the company said this means J.P. Morgan Payments merchants can add Meta Pay — known...