There is no denying that trust plays an important role when it comes to payments transactions. And according to Isaac Kamuta, it’s one of the key advantages regulated traditional banks have over newer, unregulated firms in the financial services sector. “Consumers will only keep their...
The FinTech IPO Index was down 4.4% heading into the last few trading days of February. And as detailed earlier in the week, even though the group is still up year to date — roughly 20% — bit by bit, the volatility has been eating...
Stripe is reportedly in the process of raising $4 billion from investors. Bloomberg reported Thursday (Feb. 23) that the payment platform is working with banks to make the offering through a special vehicle for investment that is devoted to Stripe, gives access to wealthy investors...
In today’s challenging macro environment, chief financial officers are increasingly leading in spearheading process improvements. Leslie Daniel, CFO at sustainable ag-based pulp and molded fiber producer Genera, told PYMNTS during a recent conversation that since stepping into the chief finance role last October, she’s been laser-focused on...
Customers in a variety of verticals are demanding modern bill payment solutions. So said Paymentus Holdings Founder and CEO Dushyant Sharma Thursday (Feb. 23) during the company’s quarterly earnings call. “We continue to support consumer choice of payment channels and methods and are working to...
TransferMate has launched an embedded solution that facilitates cross-border payments. The new TransferMate Connect enables banks and financial institutions to integrate with the firm’s global payments infrastructure to build payment products for their customers, according to the firm’s website. “TransferMate Connect will enable banks and...
Procter & Gamble’s CFO says the company is at something of a price increase crossroads. Speaking at an industry conference Thursday (Feb. 23), Andre Schulten said the consumer packaged goods giant wants to balance higher costs with savings on productivity to keep the need for...
Germany’s Finway has raised $10 million to help small businesses digitize their finances. The company announced the Series A funding on its blog Thursday (Feb. 23), saying it would use it to develop its spend management and budgeting software for Europe’s small to medium-sized businesses...
GoDaddy has bundled payment technology and domains to create branded pay links. With these new Payable Domains, businesses with a newly registered or existing domain can start accepting payments even if they don’t have a website or an online store or publish content, GoDaddy said in...
