China Could Require Tencent’s WeChat to Secure New Payment License

China Could Require Tencent’s WeChat to Secure New Payment License
China Could Require Tencent’s WeChat to Secure New Payment License
March 18, 2022  |  Regulation

Regulators in China could force Tencent to spin WeChat Pay into its newly-created payments subsidiary, which could cause the need for the mobile payments service...

READ MORE >
The Clearing House: ACH Paves Way for Real-Time Payments On-Ramp
The Clearing House: ACH Paves Way for Real-Time Payments On-Ramp
March 18, 2022  |  Payment Methods

Checks and card transactions are giving way to electronic payments, done through an automated clearinghouse (ACH). Get the Full Story Complete the form to unlock...

READ MORE >
Labor Challenges Stifling Would-Be Restaurant Boom, Paytronix CEO Says
Labor Challenges Stifling Would-Be Restaurant Boom, Paytronix CEO Says
March 18, 2022  |  Personnel

Restaurants in many parts of the U.S. may be celebrating the end of COVID-19 restrictions, but labor difficulties are still preventing them from enjoying the...

READ MORE >
Rapid Digitization Brings Lucrative New Markets Into LatAm’s Connected Economy
Rapid Digitization Brings Lucrative New Markets Into LatAm’s Connected Economy
March 18, 2022  |  Digital Payments

When they write the book on pandemic success stories, Latin America will need its own separate edition, as few regions paint the great digital shift...

READ MORE >
AP Automation Unlocks Smoother Payments, Stronger Businesses Ties as Workers Stay Remote
AP Automation Unlocks Smoother Payments, Stronger Businesses Ties as Workers Stay Remote
March 18, 2022  |  Accounts Payable

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Embedded Finance Streamlines Expense Management for EU SMEs
Embedded Finance Streamlines Expense Management for EU SMEs
March 18, 2022  |  SMBs

Automation and artificial intelligence (AI) have transformed the way businesses operate, serve customers, market products and even conduct research, resulting in increased productivity and improved...

READ MORE >
Smart Contracts Firm Avalanche Offers $290M in Incentives to Build DeFi, NFT Blockchains
Smart Contracts Firm Avalanche Offers $290M in Incentives to Build DeFi, NFT Blockchains
March 17, 2022  |  Blockchain

Smart contracts platform Avalanche Foundation has rolled out a new incentive program called “Multiverse,” which will help grow subnets on its network, according to a...

READ MORE >
Google Acquires Micro LED Maker Raxium to Produce AR Displays
Google Acquires Micro LED Maker Raxium to Produce AR Displays
March 17, 2022  |  Acquisitions

Google has reportedly inked a deal to buy Raxium, a 5-year-old startup developing “tiny light-emitting diodes” for displays for augmented and mixed-reality devices. Get the...

READ MORE >
Instant Grocery Delivery Service Buyk Closes, Files Bankruptcy Over Russian Sanctions
Instant Grocery Delivery Service Buyk Closes, Files Bankruptcy Over Russian Sanctions
March 17, 2022  |  Delivery

Grocery delivery company Buyk has filed a petition for Chapter 11 relief, with its endgame being to shutter the company. Get the Full Story Complete...

READ MORE >