![\"\"](\"https://www.pymnts.com/wp-content/uploads/2025/04/Uber-Advertising-Instacart-Carrot-Ads_d997d8.jpg\")
HSBC is reportedly considering getting into the private credit market.
\nThe global bank has discussed potential partnerships with private credit firms, although the talks are at various stages and may not result in formal collaborations, Reuters reported Friday (April 11), citing unnamed sources.
\nHSBC did not immediately reply to PYMNTS\u2019 request for comment.
\nThe bank is looking to the private credit market to increase revenue after it underwent a restructuring, cut jobs and made a retrenchment in investment banking, according to the report.
\nAt the same time, senior executives, including CEO Georges Elhedery, question whether the revenue will outweigh the costs, the report said.
\nIn addition, the near-term demand for credit has declined due to corporate borrowers\u2019 uncertainty about the effects of new U.S. tariffs, per the report.
\nSome other global banks have already moved into the private credit sector, the report said. Citi made a deal with private credit firm Apollo, J.P. Morgan set aside more money for direct lending deals, Goldman Sachs launched a private capital markets business called Capital Solutions Group, and Deutsche Bank made an agreement with its asset manager DWS to give it first preference on private credit deals, per the report.
\nWhen J.P. Morgan earmarked another $50 billion for its direct lending efforts in February, it was reported that the bank did so to gain a greater foothold in the fast-growing private credit market.
\nIn the previous four years, J.P. Morgan deployed over $10 billion across more than 100 private credit transactions and worked with lending partners to allocate an additional $15 billion in private credit.
\n\u201cPairing our vast origination platform with our lender client base has supercharged our ability to deliver in size for borrowers and increased deal flow for lenders,\u201d Kevin Foley, global head of capital markets, said at the time.
\nEstimates of the size of the shadow banking sector, which includes private credit, vary widely, PYMNTS reported Wednesday (April 9). The Financial Stability Board calculated that the nonbank financial intermediation sector was tied to $239 trillion in assets, and the more narrowly defined \u201cother financial intermediaries\u201d harbor assets of $68 trillion.
\nThe post Report: HSBC Discusses Partnerships With Private Credit Firms appeared first on PYMNTS.com.
\n", "content_text": "HSBC is reportedly considering getting into the private credit market.\nThe global bank has discussed potential partnerships with private credit firms, although the talks are at various stages and may not result in formal collaborations, Reuters reported Friday (April 11), citing unnamed sources.\nHSBC did not immediately reply to PYMNTS\u2019 request for comment.\nThe bank is looking to the private credit market to increase revenue after it underwent a restructuring, cut jobs and made a retrenchment in investment banking, according to the report.\nAt the same time, senior executives, including CEO Georges Elhedery, question whether the revenue will outweigh the costs, the report said.\nIn addition, the near-term demand for credit has declined due to corporate borrowers\u2019 uncertainty about the effects of new U.S. tariffs, per the report.\nSome other global banks have already moved into the private credit sector, the report said. Citi made a deal with private credit firm Apollo, J.P. Morgan set aside more money for direct lending deals, Goldman Sachs launched a private capital markets business called Capital Solutions Group, and Deutsche Bank made an agreement with its asset manager DWS to give it first preference on private credit deals, per the report.\nWhen J.P. Morgan earmarked another $50 billion for its direct lending efforts in February, it was reported that the bank did so to gain a greater foothold in the fast-growing private credit market.\nIn the previous four years, J.P. Morgan deployed over $10 billion across more than 100 private credit transactions and worked with lending partners to allocate an additional $15 billion in private credit.\n\u201cPairing our vast origination platform with our lender client base has supercharged our ability to deliver in size for borrowers and increased deal flow for lenders,\u201d Kevin Foley, global head of capital markets, said at the time.\nEstimates of the size of the shadow banking sector, which includes private credit, vary widely, PYMNTS reported Wednesday (April 9). The Financial Stability Board calculated that the nonbank financial intermediation sector was tied to $239 trillion in assets, and the more narrowly defined \u201cother financial intermediaries\u201d harbor assets of $68 trillion.\nThe post Report: HSBC Discusses Partnerships With Private Credit Firms appeared first on PYMNTS.com.", "date_published": "2025-04-11T14:57:00-04:00", "date_modified": "2025-04-11T14:57:00-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2023/08/HSBC.jpg", "tags": [ "banking", "Banks", "credit", "HSBC", "News", "Partnerships", "PYMNTS News", "What's Hot" ] }, { "id": "https://www.pymnts.com/?p=2682071", "url": "https://www.pymnts.com/partnerships/2025/uber-partners-with-instacart-extend-reach-sponsored-items/", "title": "Uber Partners With Instacart to Extend Reach of \u2018Sponsored Items\u2019", "content_html": "Uber Advertising launched a partnership with Instacart\u2019s Carrot Ads.
\nVia the collaboration, Uber will use Carrot Ads in the United States to extend the reach of Uber Eats\u2019 Sponsored Items formats to consumer packaged goods (CPG) advertisers, according to a Thursday (April 10) press release.
\n\u201cThe integration aims to provide a broader set of CPG advertisers with access to effective solutions that help them win the digital shelf,\u201d the release said.
\n
Starting this month, CPG advertisers in the U.S. will be able to reach millions of \u201chigh-intent\u201d grocery and retail marketplace shoppers on Uber Eats using the Carrot Ads solution, which will provide \u201cincreased discoverability of relevant products and brands\u201d to shoppers, per the release.
\nCPG advertisers will be able to build campaigns using Instacart Ads Manager that automatically extend throughout the Instacart Ads ecosystem, which now includes the Uber Eats grocery and retail marketplace, according to the release.
\n\u201cBy enabling access to Uber Eats Sponsored Items in the U.S. via Instacart\u2019s Carrot Ads solution, we believe we can better meet the needs of more CPG brands, especially those making network buys,\u201d said Travis Colvin, general manager for grocery and retail at Uber Advertising. \u201cOur advertising team already works with many of the world\u2019s largest brands directly, but we want to be there for brands of all sizes to help them easily reach our engaged audience in a way that suits them. For the U.S. market, we believe this integration best achieves that goal.\u201d
\nThe partnership comes as brands try to reach an audience that might be much more cautious about their spending. Data released Thursday showed price increases in the \u201cfood at home,\u201d or grocery, category. That uptick was primarily fueled by a 5.9% increase in egg prices and a 1.3% rise for meats, poultry, fish and eggs from February to March.
\nConsumers were retrenching even before the latest round of White House tariffs upset the world economy.
\nAs PYMNTS CEO Karen Webster wrote in a column this week, nearly 78% of consumers across \u201call major retail categories of spend \u2014 clothes, food, health and beauty, personal services, household and tech/digital services \u2014 are rethinking what they buy and how much they are willing to spend when they do. Tech purchases, eating out and buying coffee at the local coffee shop are consistently on the chopping block, even for those who do not feel financial pressures.\u201d
\nThe post Uber Partners With Instacart to Extend Reach of \u2018Sponsored Items\u2019 appeared first on PYMNTS.com.
\n", "content_text": "Uber Advertising launched a partnership with Instacart\u2019s Carrot Ads.\nVia the collaboration, Uber will use Carrot Ads in the United States to extend the reach of Uber Eats\u2019 Sponsored Items formats to consumer packaged goods (CPG) advertisers, according to a Thursday (April 10) press release.\n\u201cThe integration aims to provide a broader set of CPG advertisers with access to effective solutions that help them win the digital shelf,\u201d the release said.\n\nStarting this month, CPG advertisers in the U.S. will be able to reach millions of \u201chigh-intent\u201d grocery and retail marketplace shoppers on Uber Eats using the Carrot Ads solution, which will provide \u201cincreased discoverability of relevant products and brands\u201d to shoppers, per the release.\nCPG advertisers will be able to build campaigns using Instacart Ads Manager that automatically extend throughout the Instacart Ads ecosystem, which now includes the Uber Eats grocery and retail marketplace, according to the release.\n\u201cBy enabling access to Uber Eats Sponsored Items in the U.S. via Instacart\u2019s Carrot Ads solution, we believe we can better meet the needs of more CPG brands, especially those making network buys,\u201d said Travis Colvin, general manager for grocery and retail at Uber Advertising. \u201cOur advertising team already works with many of the world\u2019s largest brands directly, but we want to be there for brands of all sizes to help them easily reach our engaged audience in a way that suits them. For the U.S. market, we believe this integration best achieves that goal.\u201d\nThe partnership comes as brands try to reach an audience that might be much more cautious about their spending. Data released Thursday showed price increases in the \u201cfood at home,\u201d or grocery, category. That uptick was primarily fueled by a 5.9% increase in egg prices and a 1.3% rise for meats, poultry, fish and eggs from February to March.\nConsumers were retrenching even before the latest round of White House tariffs upset the world economy.\nAs PYMNTS CEO Karen Webster wrote in a column this week, nearly 78% of consumers across \u201call major retail categories of spend \u2014 clothes, food, health and beauty, personal services, household and tech/digital services \u2014 are rethinking what they buy and how much they are willing to spend when they do. Tech purchases, eating out and buying coffee at the local coffee shop are consistently on the chopping block, even for those who do not feel financial pressures.\u201d\nThe post Uber Partners With Instacart to Extend Reach of \u2018Sponsored Items\u2019 appeared first on PYMNTS.com.", "date_published": "2025-04-10T15:19:23-04:00", "date_modified": "2025-04-10T15:19:23-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2024/12/Uber.jpg", "tags": [ "Carrot Ads", "digital transformation", "food and beverage", "grocery", "Instacart", "Instacart Ads", "News", "Partnerships", "PYMNTS News", "Retail", "Uber", "Uber Advertising", "Uber Eats", "What's Hot" ] }, { "id": "https://www.pymnts.com/?p=2681763", "url": "https://www.pymnts.com/partnerships/2025/mynt-gets-visa-investment-joins-reseller-network/", "title": "Spend Management Firm Mynt Gets Visa Investment and Joins Reseller Network", "content_html": "Spend management solution provider Mynt launched a new partnership with Visa.
\nThe collaboration will allow the Stockholm-based company to address the rising demand from small- to medium-sized businesses (SMBs) for efficient spend management tools, according to a Thursday (April 10) press release.
\n\u201cThe partnership will enable Visa to better meet its clients\u2019 needs and the underserved SMB market,\u201d the release said.
\nVisa will invest in Mynt\u2019s Series B funding round, and Mynt will become a reseller partner for Visa. This will let Visa resell Mynt\u2019s software-as-a-service (SaaS) solutions directly to issuers, per the release.
\nMynt\u2019s platform offers auto-reconciliation and integration into accounting software, providing spend insights and easing administrative burdens, according to the release.
\n\u201cAnother great example of Nordic FinTech innovation where Visa is deepening collaboration with Mynt, where our combined capabilities will enable our clients and partners to bring market-leading propositions and service to [SMBs] across Europe,\u201d said Philip Konopik, regional managing director of Visa Nordics and Baltics, in the release.
\nThe two companies previously worked together to expand the adoption of Mynt\u2019s embedded card solution. The tool allows enterprise resource planning fleet and fuel companies and banks to offer embedded corporate card and spend management solutions to their SMB customers in Europe.
\nThe partnership comes as SMBs face increased financial pressure. Half of SMBs in the United States \u201crely on their day-to-day sales just to keep the lights on,\u201d PYMNTS wrote this week. \u201cNearly 1 in 5 are pessimistic about their odds of survival over the next two years. Almost 7% think they might not make it.\u201d
\nJust 28% of SMBs have business cards. Of that group, 64% of businesses with access to any form of financing use their corporate cards to withdraw cash for operations.
\nAlthough credit cards potentially carry high interest rates, they \u201coffer a quick and relatively easy way to access funds,\u201d PYMNTS wrote. \u201cAt the same time, 4 in 10 businesses with access to financing also rely on their owners\u2019 personal credit cards,\u201d blurring the lines between personal and business finances and potentially putting both at risk.
\nFor all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter.
\nThe post Spend Management Firm Mynt Gets Visa Investment and Joins Reseller Network appeared first on PYMNTS.com.
\n", "content_text": "Spend management solution provider Mynt launched a new partnership with Visa.\nThe collaboration will allow the Stockholm-based company to address the rising demand from small- to medium-sized businesses (SMBs) for efficient spend management tools, according to a Thursday (April 10) press release.\n\u201cThe partnership will enable Visa to better meet its clients\u2019 needs and the underserved SMB market,\u201d the release said.\nVisa will invest in Mynt\u2019s Series B funding round, and Mynt will become a reseller partner for Visa. This will let Visa resell Mynt\u2019s software-as-a-service (SaaS) solutions directly to issuers, per the release.\nMynt\u2019s platform offers auto-reconciliation and integration into accounting software, providing spend insights and easing administrative burdens, according to the release.\n\u201cAnother great example of Nordic FinTech innovation where Visa is deepening collaboration with Mynt, where our combined capabilities will enable our clients and partners to bring market-leading propositions and service to [SMBs] across Europe,\u201d said Philip Konopik, regional managing director of Visa Nordics and Baltics, in the release.\nThe two companies previously worked together to expand the adoption of Mynt\u2019s embedded card solution. The tool allows enterprise resource planning fleet and fuel companies and banks to offer embedded corporate card and spend management solutions to their SMB customers in Europe.\nThe partnership comes as SMBs face increased financial pressure. Half of SMBs in the United States \u201crely on their day-to-day sales just to keep the lights on,\u201d PYMNTS wrote this week. \u201cNearly 1 in 5 are pessimistic about their odds of survival over the next two years. Almost 7% think they might not make it.\u201d\nJust 28% of SMBs have business cards. Of that group, 64% of businesses with access to any form of financing use their corporate cards to withdraw cash for operations.\nAlthough credit cards potentially carry high interest rates, they \u201coffer a quick and relatively easy way to access funds,\u201d PYMNTS wrote. \u201cAt the same time, 4 in 10 businesses with access to financing also rely on their owners\u2019 personal credit cards,\u201d blurring the lines between personal and business finances and potentially putting both at risk.\nFor all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter.\nThe post Spend Management Firm Mynt Gets Visa Investment and Joins Reseller Network appeared first on PYMNTS.com.", "date_published": "2025-04-10T11:01:33-04:00", "date_modified": "2025-04-10T22:25:03-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2024/12/Mynt.png", "tags": [ "B2B", "B2B Payments", "commercial payments", "FinTech", "funding", "Investments", "Mynt", "News", "Partnerships", "PYMNTS News", "SMBs", "spend management", "Visa", "What's Hot", "What's Hot In B2B" ] }, { "id": "https://www.pymnts.com/?p=2620914", "url": "https://www.pymnts.com/partnerships/2025/synchrony-teams-with-adobe-commerce-to-offer-flexible-financing/", "title": "Synchrony Teams With Adobe Commerce to Offer Flexible Financing", "content_html": "Financial services company Synchrony has launched a new integration with Adobe Commerce.
\nThe collaboration, announced Tuesday (April 8), is designed to give merchants more flexibility and choice in offering financing to their customers.
\n\u201cIn today\u2019s competitive market, the ability to provide customers with longer-duration, convenient payment options is essential,\u201d the companies said in a news release.\u00a0\u201cWith this integration, thousands of merchants that host websites on Adobe Commerce can offer the Synchrony product suite to accept Synchrony credit cards with extended term promotions and offer Pay Later installment financing at checkout online.\u201d
\nJason Knell, senior director of content and commerce partners at Adobe, said that flexible financing options can increase average order size and foster repeat business.
\n\u201cSynchrony\u2019s integration with Adobe Commerce to offer more financing options magnifies growth opportunities for our joint merchants by enhancing the shopping experience,\u201d he said.
\nThe partnership comes at a time when small- to medium-sized businesses (SMBs) are facing significant pressures in the wake of new U.S. tariffs.
\n\u201cWhen the economic winds start to howl, small- to medium-sized businesses (SMBs) turn up their collars,\u201d PYMNTS wrote Wednesday. \u201cAs the Trump administration\u2019s global tariffs send shock waves through stock markets and prompt fears of a recession, businesses across America may be in store for particularly acute pain.\u201d
\nForthcoming research by PYMNTS Intelligence shows that financing for SMBs is hard to come by. This research was conducted from Feb. 5 to Feb. 12, when the White House had announced tariffs against Canada, China and Mexico but before many countries instituted retaliatory levies and a global trade war kicked off.
\nAccording to the research, a little under half of these businesses \u2014 44% to be precise \u2014 say they have access to financing in any form: cash, a business credit card, bank loan or alternative source of credit.
\n\u201cThe workhorse of the U.S. economy lives hand-to-mouth,\u201d that report added.
\nAnd with no ability to tap funds when things get tight, pessimism is rising. Just under 7% of all SMBs surveyed for the report in early-to-mid February said they were unlikely to survive the next two years. This figure jumps to 13% for SMBs with no access to financing.
\n\u201cIt\u2019s feeling like a tornado to small business owners,\u201d Natalie Madeira Cofield,\u00a0CEO of the\u00a0Association for Enterprise Opportunity, which backs efforts to help companies with under 10 employees, told the New York Times recently. \u201cThis is an unprecedented moment.\u201d
\nThe post Synchrony Teams With Adobe Commerce to Offer Flexible Financing appeared first on PYMNTS.com.
\n", "content_text": "Financial services company Synchrony has launched a new integration with Adobe Commerce.\nThe collaboration, announced Tuesday (April 8), is designed to give merchants more flexibility and choice in offering financing to their customers.\n\u201cIn today\u2019s competitive market, the ability to provide customers with longer-duration, convenient payment options is essential,\u201d the companies said in a news release.\u00a0\u201cWith this integration, thousands of merchants that host websites on Adobe Commerce can offer the Synchrony product suite to accept Synchrony credit cards with extended term promotions and offer Pay Later installment financing at checkout online.\u201d\nJason Knell, senior director of content and commerce partners at Adobe, said that flexible financing options can increase average order size and foster repeat business.\n\u201cSynchrony\u2019s integration with Adobe Commerce to offer more financing options magnifies growth opportunities for our joint merchants by enhancing the shopping experience,\u201d he said.\nThe partnership comes at a time when small- to medium-sized businesses (SMBs) are facing significant pressures in the wake of new U.S. tariffs.\n\u201cWhen the economic winds start to howl, small- to medium-sized businesses (SMBs) turn up their collars,\u201d PYMNTS wrote Wednesday. \u201cAs the Trump administration\u2019s global tariffs send shock waves through stock markets and prompt fears of a recession, businesses across America may be in store for particularly acute pain.\u201d\nForthcoming research by PYMNTS Intelligence shows that financing for SMBs is hard to come by. This research was conducted from Feb. 5 to Feb. 12, when the White House had announced tariffs against Canada, China and Mexico but before many countries instituted retaliatory levies and a global trade war kicked off.\nAccording to the research, a little under half of these businesses \u2014 44% to be precise \u2014 say they have access to financing in any form: cash, a business credit card, bank loan or alternative source of credit.\n\u201cThe workhorse of the U.S. economy lives hand-to-mouth,\u201d that report added.\nAnd with no ability to tap funds when things get tight, pessimism is rising. Just under 7% of all SMBs surveyed for the report in early-to-mid February said they were unlikely to survive the next two years. This figure jumps to 13% for SMBs with no access to financing.\n\u201cIt\u2019s feeling like a tornado to small business owners,\u201d Natalie Madeira Cofield,\u00a0CEO of the\u00a0Association for Enterprise Opportunity, which backs efforts to help companies with under 10 employees, told the New York Times recently. \u201cThis is an unprecedented moment.\u201d\nThe post Synchrony Teams With Adobe Commerce to Offer Flexible Financing appeared first on PYMNTS.com.", "date_published": "2025-04-08T15:32:09-04:00", "date_modified": "2025-04-08T22:28:25-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2021/10/synchrony.jpg", "tags": [ "Adobe", "Adobe Commerce", "B2B", "B2B Payments", "commercial payments", "financing", "News", "Payment Methods", "PYMNTS News", "small and medium sized businesses", "small businesses", "SMBs", "synchrony", "What's Hot", "What's Hot In B2B", "Partnerships" ] }, { "id": "https://www.pymnts.com/?p=2618794", "url": "https://www.pymnts.com/partnerships/2025/i2c-teams-with-access-finance-to-expand-credit-card-in-u-s/", "title": "i2c Teams With Access Finance to Expand Credit Card in US", "content_html": "Banking/payment solutions provider i2c has teamed with Bulgarian FinTech Access Finance.
\nThe collaboration, announced in a news release Monday (April 7), will help Access introduce the next phase of its Juzt Digital Credit Card program in the U.S.
\n\u201cThe expanded Juzt Digital Credit Card program, which leverages i2c\u2019s global, unified banking and payments platform, offers an unsecured digital credit card aimed at helping consumers build and strengthen their credit histories,\u201d the release said.
\nIn removing the requirement for collateral, the card offers a more inclusive approach, catering to consumers in the subprime category or those who wish to establish a strong credit record, the companies added.
\n\u201cThis ongoing partnership with Access Finance highlights the versatility of i2c\u2019s platform in supporting complex credit programs and expanding financial access,\u201d said i2c chief executive Amir Wain. \u201cWe\u2019re excited to continue supporting Access Finance in their mission to provide U.S. consumers with meaningful credit-building tools that can help shape a more financially inclusive future.\u201d
\nPYMNTS spoke with Wain last week about the critical infrastructure elements needed for a successful agentic AI strategy at banks.
\nHe told PYMNTS CEO Karen Webster that while many institutions have embraced AI at the margins \u2014 especially for tasks such as fraud detection and product recommendation \u2014 most have only scratched the surface of what agentic AI can do.
\nThe main reason for this \u201cunder-exploration\u201d is not only a lack of ambition or imagination; it is the reality that many banks still depend on legacy systems that make data tough to access in real time. In addition, agentic AI requires vast amounts of contextual information.
\n\u201cIf I still want to interact the same way that I did, then I\u2019m really not maximizing the capabilities of agentic AI,\u201d Wain said.
\nHe added that even the best AI models underperform when data is segmented by product or siloed. A unified view means that one customer record spans checking accounts, credit cards, loans and other relevant services, so that the AI engine can draw upon a holistic picture.
\nWith that plethora of information, agentic AI can address customer needs far more intelligently, rather than needing to piece together information from multiple data sets.
\n\u201cWe\u2019ve heard this so many times \u2014 customer centric and so on,\u201d Wain said. \u201cBut this is truly an opportunity to architect your business, your enterprise, your infrastructure to be customer-centric.\u201d
\nThe post i2c Teams With Access Finance to Expand Credit Card in US appeared first on PYMNTS.com.
\n", "content_text": "Banking/payment solutions provider i2c has teamed with Bulgarian FinTech Access Finance.\nThe collaboration, announced in a news release Monday (April 7), will help Access introduce the next phase of its Juzt Digital Credit Card program in the U.S.\n\u201cThe expanded Juzt Digital Credit Card program, which leverages i2c\u2019s global, unified banking and payments platform, offers an unsecured digital credit card aimed at helping consumers build and strengthen their credit histories,\u201d the release said.\nIn removing the requirement for collateral, the card offers a more inclusive approach, catering to consumers in the subprime category or those who wish to establish a strong credit record, the companies added.\n\u201cThis ongoing partnership with Access Finance highlights the versatility of i2c\u2019s platform in supporting complex credit programs and expanding financial access,\u201d said i2c chief executive Amir Wain. \u201cWe\u2019re excited to continue supporting Access Finance in their mission to provide U.S. consumers with meaningful credit-building tools that can help shape a more financially inclusive future.\u201d\nPYMNTS spoke with Wain last week about the critical infrastructure elements needed for a successful agentic AI strategy at banks.\nHe told PYMNTS CEO Karen Webster that while many institutions have embraced AI at the margins \u2014 especially for tasks such as fraud detection and product recommendation \u2014 most have only scratched the surface of what agentic AI can do.\nThe main reason for this \u201cunder-exploration\u201d is not only a lack of ambition or imagination; it is the reality that many banks still depend on legacy systems that make data tough to access in real time. In addition, agentic AI requires vast amounts of contextual information.\n\u201cIf I still want to interact the same way that I did, then I\u2019m really not maximizing the capabilities of agentic AI,\u201d Wain said.\nHe added that even the best AI models underperform when data is segmented by product or siloed. A unified view means that one customer record spans checking accounts, credit cards, loans and other relevant services, so that the AI engine can draw upon a holistic picture.\nWith that plethora of information, agentic AI can address customer needs far more intelligently, rather than needing to piece together information from multiple data sets.\n\u201cWe\u2019ve heard this so many times \u2014 customer centric and so on,\u201d Wain said. \u201cBut this is truly an opportunity to architect your business, your enterprise, your infrastructure to be customer-centric.\u201d\nThe post i2c Teams With Access Finance to Expand Credit Card in US appeared first on PYMNTS.com.", "date_published": "2025-04-08T14:36:01-04:00", "date_modified": "2025-04-08T14:42:00-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/i2c-Access-Finance-partnerships.jpg", "tags": [ "access finance", "credit cards", "Digital Credit Cards", "i2C", "Juzt Credit Card", "News", "Partnerships", "PYMNTS News", "What's Hot" ] }, { "id": "https://www.pymnts.com/?p=2616235", "url": "https://www.pymnts.com/partnerships/2025/spreedly-and-ebanx-team-to-promote-local-payments-in-latam/", "title": "Spreedly and EBANX Team to Promote Local Payments in LatAm", "content_html": "Open payments platform Spreedly has teamed with payment service provider EBANX.
\nThe partnership, announced Tuesday (April 8), is designed to help international companies access local payment options in the Latin American (LatAm) region.
\n\u201cAs Latin America\u2019s digital commerce rapidly grows, especially in countries like Brazil, Mexico, and Colombia, international companies are increasingly looking to localize their payment offerings,\u201d the companies said in a news release. \u201cThe partnership provides a unified framework for businesses to offer payment methods like Pix, e-wallets, cash vouchers, and debit and credit cards, including local brands and installments.\u201d
\nAccording to the release, the collaboration encompasses the 17 LatAm countries in which EBANX operates, from major markets like Brazil, Mexico and Colombia, to newer digital markets like Peru and Chile, along with Central American and Caribbean nations.
\n\u201cLatin America is on the radar of international companies because it offers solid expansion opportunities, said Daniel Kornitzer, vice president, head of global partnerships at EBANX.
\nThe announcement pays special attention to Brazil\u2019s Pix payment system, with plans to leverage that platform to promote travel payments.
\nForty-three percent of Brazilian consumers use Pix daily, compared to 29% who rely on credit cards and 21% who use cash, per research from the PYMNTS Intelligence and Galileo collaboration, \u201cPromising Payments: Digital Payments Gain Ground in Latin America.\u201d
\nThat report also found that 82% of Pix users say that the payment method has a positive impact on their lives and that Brazilian consumers are also fans of digital banking, with 95% of consumer interactions with banks happening via digital channels.
\nAdditional research from PYMNTS Intelligence has showcased the Latin American region\u2019s embrace of digital payment methods. For example, Brazilians one of the most digitally engaged populations in the world, with people there using devices for everything from banking to gaming.
\n\u201cOther countries, such as Colombia, are also hotbeds of online activity, which in turn means that individuals are willing (and able) to transact with a host of merchants to get what they want, round the clock,\u201d PYMNTS wrote last month.
\nAt the same time, experts have stressed to PYMNTS that companies hoping to do business there need to recognize the importance of local payment methods.
\n\u201cEach of these countries treats the way money moves around differently \u2014 and you need to have someone that has already been through the process, and has any certifications and licenses that you may need to acquire in order to process payments within that country,\u201d Juan Soto, general manager of LatAm for Nuvei, told PYMNTS.
\nThe post Spreedly and EBANX Team to Promote Local Payments in LatAm appeared first on PYMNTS.com.
\n", "content_text": "Open payments platform Spreedly has teamed with payment service provider EBANX.\nThe partnership, announced Tuesday (April 8), is designed to help international companies access local payment options in the Latin American (LatAm) region.\n\u201cAs Latin America\u2019s digital commerce rapidly grows, especially in countries like Brazil, Mexico, and Colombia, international companies are increasingly looking to localize their payment offerings,\u201d the companies said in a news release. \u201cThe partnership provides a unified framework for businesses to offer payment methods like Pix, e-wallets, cash vouchers, and debit and credit cards, including local brands and installments.\u201d\nAccording to the release, the collaboration encompasses the 17 LatAm countries in which EBANX operates, from major markets like Brazil, Mexico and Colombia, to newer digital markets like Peru and Chile, along with Central American and Caribbean nations.\n\u201cLatin America is on the radar of international companies because it offers solid expansion opportunities, said Daniel Kornitzer, vice president, head of global partnerships at EBANX.\nThe announcement pays special attention to Brazil\u2019s Pix payment system, with plans to leverage that platform to promote travel payments.\nForty-three percent of Brazilian consumers use Pix daily, compared to 29% who rely on credit cards and 21% who use cash, per research from the PYMNTS Intelligence and Galileo collaboration, \u201cPromising Payments: Digital Payments Gain Ground in Latin America.\u201d\nThat report also found that 82% of Pix users say that the payment method has a positive impact on their lives and that Brazilian consumers are also fans of digital banking, with 95% of consumer interactions with banks happening via digital channels.\nAdditional research from PYMNTS Intelligence has showcased the Latin American region\u2019s embrace of digital payment methods. For example, Brazilians one of the most digitally engaged populations in the world, with people there using devices for everything from banking to gaming.\n\u201cOther countries, such as Colombia, are also hotbeds of online activity, which in turn means that individuals are willing (and able) to transact with a host of merchants to get what they want, round the clock,\u201d PYMNTS wrote last month.\nAt the same time, experts have stressed to PYMNTS that companies hoping to do business there need to recognize the importance of local payment methods.\n\u201cEach of these countries treats the way money moves around differently \u2014 and you need to have someone that has already been through the process, and has any certifications and licenses that you may need to acquire in order to process payments within that country,\u201d Juan Soto, general manager of LatAm for Nuvei, told PYMNTS.\nThe post Spreedly and EBANX Team to Promote Local Payments in LatAm appeared first on PYMNTS.com.", "date_published": "2025-04-08T12:37:30-04:00", "date_modified": "2025-04-08T12:37:30-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2022/03/Ebanx-Digital-Payments.jpg", "tags": [ "brazil", "cross-border commerce", "cross-border payments", "Digital Payments", "EBANX", "Global Payments", "International Payments", "LatAm", "Latin America", "Local Payments", "News", "Partnerships", "Payment Methods", "PIX", "PYMNTS News", "Spreedly", "What's Hot" ] }, { "id": "https://www.pymnts.com/?p=2611391", "url": "https://www.pymnts.com/partnerships/2025/discover-teams-with-fyorin-on-b2b-virtual-card-program/", "title": "Discover Teams With Fyorin on B2B Virtual Card Program", "content_html": "Financial operations firm\u00a0Fyorin\u00a0has launched a payments-focused partnership with\u00a0Discover Global Network.
\nThe new collaboration introduces B2B virtual cards designed to reduce costs and improve the financial performance of digitally operating businesses, Fyorin said in a news release.
\n\u201cOur collaboration with Discover Global Network is a significant leap forward in simplifying global card payments for businesses,\u201d Fyorin Co-founder and Chief Operating Officer\u00a0Christian Joseph Agius said in the release.
\n\u201cWe are bringing business banking closer to CFO workflows. Together, we are committed to reshaping the future of international transactions, offering businesses unprecedented access to seamless global payment capabilities.\u201d
\nAccording to the release, the partnership combines Fyorin\u2019s network of financial institutions with Discover\u2019s global reach to streamline international transactions. This will allow businesses to enjoy benefits like reduced payment expenses and simplified reconciliation, providing a more \u201cseamless global financial ecosystem for companies,\u201d the release added.
\nThe partnership comes amid a growing embrace of virtual cards in the corporate world as businesses seek new forms of working capital.
\nAs PYMNTS wrote late last year, unplanned expenditures represent a key challenge for chief financial officers (CFOs) who hope to optimize their working capital. Research by PYMNTS Intelligence finds that\u00a042% of companies characterized as \u201cgrowth corporates\u201d point to unplanned expenses as the chief reason for leveraging working capital solutions.
\n\u201cVirtual cards, with their ability to issue temporary, single-use numbers tied to specific expenses, are particularly well-suited to\u00a0address these unpredictable costs,\u201d PYMNTS wrote.
\nFor companies that use virtual cards, 56% said the ability to meet demand and opportunity was the most important benefit, the research showed. That\u2019s higher than the share of users who report similar advantages from other credit tools, such as traditional credit cards and lines of credit (approximately 25%).
\nThis makes\u00a0virtual cards\u00a0an ideal tool for CFOs who need to maintain flexibility while controlling expenditures, especially when facing unexpected financial needs or opportunities.
\n\u201cYet the market is virtually untapped, as the data shows that just 3.3% of North American Growth Corporates use virtual cards,\u201d PYMNTS added.
\nBecause of economic volatility, CFOs use virtual cards to offset risks and maintain financial stability. The research showed that 34% of growth corporates expect a global recession in the next year, findings that predate the current\u00a0tariff-related market upheaval.
\nFor all PYMNTS B2B coverage, subscribe to the daily\u00a0B2B Newsletter.
\nThe post Discover Teams With Fyorin on B2B Virtual Card Program appeared first on PYMNTS.com.
\n", "content_text": "Financial operations firm\u00a0Fyorin\u00a0has launched a payments-focused partnership with\u00a0Discover Global Network.\nThe new collaboration introduces B2B virtual cards designed to reduce costs and improve the financial performance of digitally operating businesses, Fyorin said in a news release.\n\u201cOur collaboration with Discover Global Network is a significant leap forward in simplifying global card payments for businesses,\u201d Fyorin Co-founder and Chief Operating Officer\u00a0Christian Joseph Agius said in the release.\n\u201cWe are bringing business banking closer to CFO workflows. Together, we are committed to reshaping the future of international transactions, offering businesses unprecedented access to seamless global payment capabilities.\u201d\nAccording to the release, the partnership combines Fyorin\u2019s network of financial institutions with Discover\u2019s global reach to streamline international transactions. This will allow businesses to enjoy benefits like reduced payment expenses and simplified reconciliation, providing a more \u201cseamless global financial ecosystem for companies,\u201d the release added.\nThe partnership comes amid a growing embrace of virtual cards in the corporate world as businesses seek new forms of working capital.\nAs PYMNTS wrote late last year, unplanned expenditures represent a key challenge for chief financial officers (CFOs) who hope to optimize their working capital. Research by PYMNTS Intelligence finds that\u00a042% of companies characterized as \u201cgrowth corporates\u201d point to unplanned expenses as the chief reason for leveraging working capital solutions.\n\u201cVirtual cards, with their ability to issue temporary, single-use numbers tied to specific expenses, are particularly well-suited to\u00a0address these unpredictable costs,\u201d PYMNTS wrote.\nFor companies that use virtual cards, 56% said the ability to meet demand and opportunity was the most important benefit, the research showed. That\u2019s higher than the share of users who report similar advantages from other credit tools, such as traditional credit cards and lines of credit (approximately 25%).\nThis makes\u00a0virtual cards\u00a0an ideal tool for CFOs who need to maintain flexibility while controlling expenditures, especially when facing unexpected financial needs or opportunities.\n\u201cYet the market is virtually untapped, as the data shows that just 3.3% of North American Growth Corporates use virtual cards,\u201d PYMNTS added.\nBecause of economic volatility, CFOs use virtual cards to offset risks and maintain financial stability. The research showed that 34% of growth corporates expect a global recession in the next year, findings that predate the current\u00a0tariff-related market upheaval.\nFor all PYMNTS B2B coverage, subscribe to the daily\u00a0B2B Newsletter.\nThe post Discover Teams With Fyorin on B2B Virtual Card Program appeared first on PYMNTS.com.", "date_published": "2025-04-08T10:13:36-04:00", "date_modified": "2025-04-08T22:28:04-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2023/09/virtual-cards.jpg", "tags": [ "B2B", "B2B Payments", "commercial payments", "Discover", "discover global network", "expense management", "Fyorin", "News", "Partnerships", "PYMNTS News", "virtual cards", "What's Hot", "What's Hot In B2B" ] }, { "id": "https://www.pymnts.com/?p=2570081", "url": "https://www.pymnts.com/partnerships/2025/knot-teams-with-paypal-to-help-streamline-checkouts/", "title": "Knot Teams With PayPal to Help Streamline Checkouts", "content_html": "Merchant connectivity platform Knot has launched a checkout-focused partnership with PayPal.
\nThe collaboration, announced Monday (April 7), lets PayPal users update their PayPal branded card-on-file information across multiple merchants using Knot\u2019s CardSwitcher technology.
\n\u201cFor PayPal users, the process is simple. From the PayPal app, users can log in to their favorite merchants across categories to automatically add their PayPal branded cards to their selected merchants using Knot\u2019s CardSwitcher,\u201d the company said in a news release.
\n\u201cThis eliminates the need for manual data entry, ensuring future transactions are processed smoothly, enhancing user confidence, and helping ensure merchants benefit from consistent, friction-free checkouts.\u201d
\nKnot says the solution helps merchants bolster customer satisfaction while driving higher conversion rates. It follows partnerships between Knot and other financial institutions and FinTech companies, including American Express, Bilt and Step.\u00a0
\n\u201cThis new collaboration with PayPal is a significant milestone in Knot\u2019s mission to build a financially interconnected future for users and merchants alike,\u201d the release added.
\nThe partnership comes at a time when consumers are counting on retailers to simplify their checkout processes, according to both expert insights and PYMNTS Intelligence Research from the report \u201cWhat\u2019s Next in Payments: Payments Modernization.\u201d\u00a0
\nFor example, Justin Downey, vice president of product at Maverick Payments, discussed how providing frictionless checkout can be critical to fostering a positive consumer experience.
\n\u201cBusinesses that can adapt to very convenient ways for customers to pay are going to win in the long run \u2026 so staying on top of offerings for a streamlined payment and checkout approach is a heavy focus,\u201d Downey said in an interview with PYMNTS for the report.
\nAdditional research, focused on the eCommerce segment, finds that 50% of consumers consider the ease of a merchant\u2019s checkout process when choosing where to shop.
\n\u201cAnything that makes processes quicker and easier with less obstacles for customers, that\u2019s where the excitement is,\u201d Downey said.
\nIn other PayPal news, the company announced last week that it was bringing its PayPal Ads program to the United Kingdom.
\nThe solution, first introduced last year in the United States, lets brands and merchants show personalized ads to interested consumers based on past purchases.
\n\u201cCommerce and advertising are deeply connected, and we believe that the advertising solution we are building at PayPal will become a must-use marketing and revenue channel for merchants big and small,\u201d said Mark Grether, general manager for PayPal Ads.\u00a0
\n\u201c\u2026 In a world where shopping is agentic, invisible and everywhere, brands need a partner that can help them reach these empowered shoppers. PayPal \u2014 and its wealth of consumer knowledge \u2014 will help brands and merchants not only respond to demand but also thrive in this new commerce ecosystem.\u201d
\nThe post Knot Teams With PayPal to Help Streamline Checkouts appeared first on PYMNTS.com.
\n", "content_text": "Merchant connectivity platform Knot has launched a checkout-focused partnership with PayPal.\nThe collaboration, announced Monday (April 7), lets PayPal users update their PayPal branded card-on-file information across multiple merchants using Knot\u2019s CardSwitcher technology.\n\u201cFor PayPal users, the process is simple. From the PayPal app, users can log in to their favorite merchants across categories to automatically add their PayPal branded cards to their selected merchants using Knot\u2019s CardSwitcher,\u201d the company said in a news release.\n\u201cThis eliminates the need for manual data entry, ensuring future transactions are processed smoothly, enhancing user confidence, and helping ensure merchants benefit from consistent, friction-free checkouts.\u201d\nKnot says the solution helps merchants bolster customer satisfaction while driving higher conversion rates. It follows partnerships between Knot and other financial institutions and FinTech companies, including American Express, Bilt and Step.\u00a0\n\u201cThis new collaboration with PayPal is a significant milestone in Knot\u2019s mission to build a financially interconnected future for users and merchants alike,\u201d the release added.\nThe partnership comes at a time when consumers are counting on retailers to simplify their checkout processes, according to both expert insights and PYMNTS Intelligence Research from the report \u201cWhat\u2019s Next in Payments: Payments Modernization.\u201d\u00a0\nFor example, Justin Downey, vice president of product at Maverick Payments, discussed how providing frictionless checkout can be critical to fostering a positive consumer experience.\n\u201cBusinesses that can adapt to very convenient ways for customers to pay are going to win in the long run \u2026 so staying on top of offerings for a streamlined payment and checkout approach is a heavy focus,\u201d Downey said in an interview with PYMNTS for the report.\nAdditional research, focused on the eCommerce segment, finds that 50% of consumers consider the ease of a merchant\u2019s checkout process when choosing where to shop.\n\u201cAnything that makes processes quicker and easier with less obstacles for customers, that\u2019s where the excitement is,\u201d Downey said.\nIn other PayPal news, the company announced last week that it was bringing its PayPal Ads program to the United Kingdom.\nThe solution, first introduced last year in the United States, lets brands and merchants show personalized ads to interested consumers based on past purchases.\n\u201cCommerce and advertising are deeply connected, and we believe that the advertising solution we are building at PayPal will become a must-use marketing and revenue channel for merchants big and small,\u201d said Mark Grether, general manager for PayPal Ads.\u00a0\n\u201c\u2026 In a world where shopping is agentic, invisible and everywhere, brands need a partner that can help them reach these empowered shoppers. PayPal \u2014 and its wealth of consumer knowledge \u2014 will help brands and merchants not only respond to demand but also thrive in this new commerce ecosystem.\u201d\nThe post Knot Teams With PayPal to Help Streamline Checkouts appeared first on PYMNTS.com.", "date_published": "2025-04-07T16:08:05-04:00", "date_modified": "2025-04-07T16:09:32-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/Knot-PayPal.jpg", "tags": [ "card-on-file management", "CardSwitcher", "checkout", "Justin Downey", "Knot", "Maverick Payments", "merchant payments", "News", "Partnerships", "PayPal", "PYMNTS News", "What's Hot" ] }, { "id": "https://www.pymnts.com/?p=2541738", "url": "https://www.pymnts.com/partnerships/2025/mastercard-unipaas-partner-embedded-payments-vertical-saas-platforms/", "title": "Mastercard and Unipaas Partner on Embedded Payments for Vertical SaaS Platforms", "content_html": "Mastercard and Unipaas partnered to help the providers of vertical software-as-a-service (SaaS) platforms embed modern card processing capabilities.
\nThe collaboration aims to digitize and streamline transactions in industries where digital payments remain underused, including health services, education, field services and professional training, the companies said in a Thursday (April 3) press release.
\n\u201cMany [small- to medium-sized businesses (SMBs)] using vertical SaaS platforms today still rely on manual, offline payment methods, causing inefficiencies, poor user experiences and lost revenue opportunities,\u201d Unipaas founder and CEO David Avgi said in the release. \u201cOur partnership with Mastercard is about changing that.\u201d
\nBy embedding modern card processing capabilities into the platforms used by these SMBs, this partnership will help providers transition their platforms\u2019 users from manual invoicing and bank transfers to card-based payments, improve acceptance rates and transaction speed, reduce operational complexity and overhead, and offer payment options that are more convenient, secure and user-friendly, according to the release.
\nThe collaboration brings together Unipaas\u2019 fully embedded, compliant payment infrastructure and Mastercard\u2019s global payment network and fraud protection, per the release.
\n\u201cBy leveraging our extensive global network and advanced fraud protection, we are enabling [SMBs] using SaaS platforms to enhance their payment experiences, improve acceptance rates and unlock new opportunities,\u201d George Simon, executive vice president of market development at Mastercard, said in the release. \u201cTogether with Unipaas, we are empowering [SMBs] using software providers to scale their operations and drive business growth with confidence.\u201d
\nEmbedded finance creates a more streamlined, user-friendly experience and makes payments smooth and accessible, Jennifer Marriner, executive vice president of global acceptance solutions at Mastercard, told PYMNTS in an interview posted in July.
\n\u201cThe future of commerce is at the intersection of new technology and digitization,\u201d Marriner said.
\nOptimizing the payment process ensures a streamlined experience for platforms, vendors and customers, and opens up a new revenue stream for the businesses that want to own the payment experience, Avgi told PYMNTS in an interview posted in 2021.
\n\u201cCompanies will be the owner of the payment experience,\u201d Avgi said. \u201cThey control the flow of funds, and they can monetize payments.\u201d
\nFor all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter.
\nThe post Mastercard and Unipaas Partner on Embedded Payments for Vertical SaaS Platforms appeared first on PYMNTS.com.
\n", "content_text": "Mastercard and Unipaas partnered to help the providers of vertical software-as-a-service (SaaS) platforms embed modern card processing capabilities.\nThe collaboration aims to digitize and streamline transactions in industries where digital payments remain underused, including health services, education, field services and professional training, the companies said in a Thursday (April 3) press release.\n\u201cMany [small- to medium-sized businesses (SMBs)] using vertical SaaS platforms today still rely on manual, offline payment methods, causing inefficiencies, poor user experiences and lost revenue opportunities,\u201d Unipaas founder and CEO David Avgi said in the release. \u201cOur partnership with Mastercard is about changing that.\u201d\nBy embedding modern card processing capabilities into the platforms used by these SMBs, this partnership will help providers transition their platforms\u2019 users from manual invoicing and bank transfers to card-based payments, improve acceptance rates and transaction speed, reduce operational complexity and overhead, and offer payment options that are more convenient, secure and user-friendly, according to the release.\nThe collaboration brings together Unipaas\u2019 fully embedded, compliant payment infrastructure and Mastercard\u2019s global payment network and fraud protection, per the release.\n\u201cBy leveraging our extensive global network and advanced fraud protection, we are enabling [SMBs] using SaaS platforms to enhance their payment experiences, improve acceptance rates and unlock new opportunities,\u201d George Simon, executive vice president of market development at Mastercard, said in the release. \u201cTogether with Unipaas, we are empowering [SMBs] using software providers to scale their operations and drive business growth with confidence.\u201d\nEmbedded finance creates a more streamlined, user-friendly experience and makes payments smooth and accessible, Jennifer Marriner, executive vice president of global acceptance solutions at Mastercard, told PYMNTS in an interview posted in July.\n\u201cThe future of commerce is at the intersection of new technology and digitization,\u201d Marriner said.\nOptimizing the payment process ensures a streamlined experience for platforms, vendors and customers, and opens up a new revenue stream for the businesses that want to own the payment experience, Avgi told PYMNTS in an interview posted in 2021.\n\u201cCompanies will be the owner of the payment experience,\u201d Avgi said. \u201cThey control the flow of funds, and they can monetize payments.\u201d\nFor all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter.\nThe post Mastercard and Unipaas Partner on Embedded Payments for Vertical SaaS Platforms appeared first on PYMNTS.com.", "date_published": "2025-04-04T10:06:36-04:00", "date_modified": "2025-04-04T10:07:21-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/Mastercard-Unipaas-partnerships-embedded-finance.png", "tags": [ "B2B", "B2B Payments", "commercial payments", "Digital Payments", "embedded finance", "Embedded Payments", "MasterCard", "News", "Partnerships", "PYMNTS News", "SMBs", "software", "Technology", "UNIPaaS", "What's Hot", "What's Hot In B2B" ] }, { "id": "https://www.pymnts.com/?p=2541207", "url": "https://www.pymnts.com/partnerships/2025/bilt-picks-fis-to-power-real-time-rewards-redemption/", "title": "Bilt Picks FIS to Power Real-Time Rewards Redemption", "content_html": "Payments/commerce network Bilt has chosen FinTech FIS to power its real-time rewards redemption process.
\nThe partnership, announced Thursday (April 3), will see Bilt employ the FIS Premium Playback solution, which allows customers to unlock savings at checkout.
\n\u201cThe current economy is significantly increasing the demand for loyalty programs that maximize the utility of money, but inadequate technology can complicate the experience cardholders have when redeeming loyalty points, hindering the efficient movement of money,\u201d Mladen Vladic, head of products and services for loyalty at FIS, said in news release.
\n\u201cCredit and debit cards continue to play a leading role in the payment experience as money moves between banks, consumers, businesses and beyond in a complex, never-ending cycle,\u201d Vladic added. \u201cIn the fight for customer loyalty, every payment card program is a vital opportunity to seize competitive advantage and drive growth.\u201d
\nAccording to the release, the Premium Payback connects participating issuers with participating merchants to allow consumers to redeem their points at the point of purchase, \u201cwhich can provide immediate savings.\u201d
\nDisplaying offers at checkout, the release adds, can give cardholders an instant benefit, eliminating delays and hassles associated with app sign-ups or downloads, thus reducing friction at the point of purchase.
\nAs covered here last month, this sort of convenience is attractive to the \u201cclick-and-mortar\u201d shopper, especially ones who shop via mobile devices.
\n\u201cThey want ease of use when making payments and rewards tailored to their needs, which would make goods and services a bit more affordable in an uncertain economic environment,\u201d PYMNTS wrote.
\nResearch from \u201cThe 2025 Global Digital Shopping Index: The Rise of the Mobile Window Shopper and What It Means for Payments,\u201d commissioned by Visa Acceptance Solutions, shows that rewards are a major incentive in getting consumers to examining a product and then checking out after hitting the buy button.
\nMeanwhile, PYMNTS recently explored Bilt\u2019s acquisition of item-level-receipt data platform Banyan in a conversation with the CEOs of the two companies.
\nThe deal integrates Banyan\u2019s intelligence into Bilt\u2019s commerce network of 40,000 merchants. That item-level data will allow for personalized rewards and merchant promotions, while continuing to power automated FSA/HSA savings.
\nBilt CEO Ankur Jain and Jehan Luth, founder and chief executive of Banyan, told PYMNTS\u2019 Karen Webster that their merger can reconfigure neighborhood commerce.
\n\u201cWhat\u2019s special about the neighborhood is that you live nearby \u2026 and they know who you are,\u201d Jain said. \u201ceCommerce may be huge, but there\u2019s something special about walking into the neighborhood store.\u00a0 They know who you are and what you like.\u201d
\nThe post Bilt Picks FIS to Power Real-Time Rewards Redemption appeared first on PYMNTS.com.
\n", "content_text": "Payments/commerce network Bilt has chosen FinTech FIS to power its real-time rewards redemption process.\nThe partnership, announced Thursday (April 3), will see Bilt employ the FIS Premium Playback solution, which allows customers to unlock savings at checkout.\n\u201cThe current economy is significantly increasing the demand for loyalty programs that maximize the utility of money, but inadequate technology can complicate the experience cardholders have when redeeming loyalty points, hindering the efficient movement of money,\u201d Mladen Vladic, head of products and services for loyalty at FIS, said in news release.\n\u201cCredit and debit cards continue to play a leading role in the payment experience as money moves between banks, consumers, businesses and beyond in a complex, never-ending cycle,\u201d Vladic added. \u201cIn the fight for customer loyalty, every payment card program is a vital opportunity to seize competitive advantage and drive growth.\u201d\nAccording to the release, the Premium Payback connects participating issuers with participating merchants to allow consumers to redeem their points at the point of purchase, \u201cwhich can provide immediate savings.\u201d\nDisplaying offers at checkout, the release adds, can give cardholders an instant benefit, eliminating delays and hassles associated with app sign-ups or downloads, thus reducing friction at the point of purchase.\nAs covered here last month, this sort of convenience is attractive to the \u201cclick-and-mortar\u201d shopper, especially ones who shop via mobile devices.\n\u201cThey want ease of use when making payments and rewards tailored to their needs, which would make goods and services a bit more affordable in an uncertain economic environment,\u201d PYMNTS wrote.\nResearch from \u201cThe 2025 Global Digital Shopping Index: The Rise of the Mobile Window Shopper and What It Means for Payments,\u201d commissioned by Visa Acceptance Solutions, shows that rewards are a major incentive in getting consumers to examining a product and then checking out after hitting the buy button.\nMeanwhile, PYMNTS recently explored Bilt\u2019s acquisition of item-level-receipt data platform Banyan in a conversation with the CEOs of the two companies.\nThe deal integrates Banyan\u2019s intelligence into Bilt\u2019s commerce network of 40,000 merchants. That item-level data will allow for personalized rewards and merchant promotions, while continuing to power automated FSA/HSA savings.\nBilt CEO Ankur Jain and Jehan Luth, founder and chief executive of Banyan, told PYMNTS\u2019 Karen Webster that their merger can reconfigure neighborhood commerce.\n\u201cWhat\u2019s special about the neighborhood is that you live nearby \u2026 and they know who you are,\u201d Jain said. \u201ceCommerce may be huge, but there\u2019s something special about walking into the neighborhood store.\u00a0 They know who you are and what you like.\u201d\nThe post Bilt Picks FIS to Power Real-Time Rewards Redemption appeared first on PYMNTS.com.", "date_published": "2025-04-03T11:57:05-04:00", "date_modified": "2025-04-03T22:50:03-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/Bilt-FIS-checkout-rewards-partnerships.jpg", "tags": [ "Bilt", "Bilt Rewards", "FIS", "loyalty", "loyalty programs", "loyalty rewards", "News", "Partnerships", "PYMNTS News", "Retail", "Rewards", "rewards programs", "What's Hot" ] } ] }