• Flexia Payments Debuts InstaPlay for Casino Customers

    Gaming FinTech Flexia Payments has debuted a way for casino customers to enroll in a cashless gambling solution that includes casino loyalty systems, a press release said Thursday (Aug. 18). Called the InstaPlay Registration and Integrated Onboarding Module, it will let customers scan a QR code in the casino or on the casino website. The […]

  • Showbiz, Gaming Execs Try to Find New NFT Use Cases

    If nonfungible tokens (NFTs) are to become something more than a crypto-powered way to buy, sell and display pictures of Bored Apes and CryptoKitties, entertainment companies are going to have to use them as something more than a digital version of marketing extras in the vein of a Darth Vader or Luke Skywalker action figures […]

  • Today in Crypto: MercadoLibre Launches Cryptocurrency in Brazil, Tether Changes Up Auditors

    Tether has begun working with BDO Italia, the Italian member firm of the BDO global organization, to bolster its transparency, a press release said. The company said it’s working more on accountability, and as it begins working with the BDO organization, it will release reports monthly as opposed to quarterly as it was prior. Stablecoin […]

  • Celero Commerce Buys Community Bankers Merchant Services

    Nonbank payment processor Celero Commerce has bought Community Bankers Merchant Services (CBMS) to add more options for payments processing, a press release said. CBMS provides electronic transaction processing for community and regional banks. It was founded in 1989 and has worked with various banks, offering a suite of payment processing solutions for smaller customers. “Like […]

  • Growth in Europe Slows but EMEA Remains Key Region for Adyen

    Stock market jitters are no joke. As a case in point, upon the release of Adyen’s first-half results on Thursday (Aug. 18), the company’s shares dropped nearly 15% in trading after the global payments firm reported first-half earning results 3% below market expectations. : Adyen Share Price Tumbles as Earnings Miss Estimates But after […]

  • Precision Parts Procurement Platform CNC24 Raises $8.33M

    Berlin-based startup CNC24 has raised €8.25 million ($8.33 million) in a Series A financing round to further develop its B2B precision parts procurement platform. The platform helps small- to medium-sized businesses (SMBs) and other firms source industrial components from a global supplier network through a fully digitized procurement process, according to a Thursday (Aug. 18) […]

  • Citi Launching New Travel Portal with Booking.com

    Citi will be debuting a new portal, Citi Travel, with Booking.com to help customers plan and book their trips, a press release from the bank said. It comes as Americans are eager to travel, but many Americans have been reporting that they wait for a promotion to book travels. The new platform will make use […]

  • UK’s 10% Inflation Rates Stretch Consumer’s Paychecks and Patience

    Amid soaring inflation and rising food and fuel prices, terms like financial literacy and spend management have emerged as some of the biggest buzzwords in recent months. The concept is simple. Healthy spending habits and financial prudence can help protect households from falling into unmanageable debt and ensure they have some enough savings as a […]

  • B2B Marketplace Shoptreo Connects African Artisans, Retailers

    Aiming to make it easier for entrepreneurs to sell African-made products throughout Africa, Nigerian startup Shoptreo is offering an online B2B marketplace that connects the continent’s artisans and manufacturers with informal retailers and vendors. The marketplace was launched in November 2021 by Chief Operating Officer Emmanuel Jacobs and CEO George Uteh and has served customers […]

  • Today in the Connected Economy: TikTok Debuts New Ad Features

    Today in the connected economy, TikTok rolls out new features to help brands advertise their wares on the popular social media platform. Plus, PYMNTS looks at the prevalence of Apple Pay, and Grubhub teams with Bank of America to offer cardholders free Grubhub+ membership. TikTok Aims to Blend Content and Commerce With ‘Shopping Ads’ TikTok […]

  • Retail Spending’s Anemic Response to Long-Sought Gas Price Decline is Ominous Sign

    At first glance, a 25% drop in gas prices should have spurred a bit more of a rebound in consumer spending. And if that wasn’t enough to boost consumer spending and sentiment that leads to sustained spending — the question remains, what will? For the retailers — especially the electronics firms and furniture firms — […]

  • Crypto Winter Begins to Thaw As VCs Re-Enter Market With Scaled-back Bets

    As venture capital firms focused on the cryptocurrency and blockchain sector raise billions, their investments have declined. But how much of that is caution and how much is investing fewer dollars for more value as the crypto market itself shrinks is still a looming question. It’s easy to take crypto investor David Pakman’s Wednesday (Aug. […]