U.S.-based fast food chain Wendy’s is partnering with India’s Rebel Foods and Sierra Nevada Restaurants to launch roughly 250 ghost or cloud kitchens across India. As part of a strategic partnership designed to increase Wendy’s presence in the country, Sierra Nevada will also develop 150...
Giving during the holiday season is about getting beyond the circle of family and friends. This year it’s about turning toward those who enter the festive season in need. And in 2020, due to the unfortunate reality of the COVID-19 pandemic and the wave of...
Former Google CEO Eric Schmidt is among the backers of a new $111 million European early-stage venture capital fund, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The International Monetary Fund (IMF) said Monday (Nov. 30) in a statement that the second wave of the coronavirus is stifling an economic rebound in the eurozone and additional funding could be necessary. Get the Full Story Complete the form to unlock this article and enjoy...
In today’s top payments news around the world, United Kingdom-based food delivery platform HungryPanda has landed $70 million in funding, while Sweden-based Klarna is launching the live fashion show “Lifestyle” with the help of technology from Bambuser. Plus, the United Kingdom government is making a new...
Non-bank lenders in Singapore will soon be granted access to the country’s digital payments platforms PayNow and FAST, according to a statement from the Monetary Authority of Singapore (MAS), the country’s central bank, on Monday (Nov. 30). Get the Full Story Complete the form to...
Thierry Breton, EU’s digital chief, says tech giants breaking the bloc’s new rules could face fines or more severe punishments like breaking up their European businesses, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
It only seems fitting that a global pandemic would catalyze a global shift toward online shopping. As the busy year-end holiday season gets underway, PYMNTS looks at how eCommerce marketplaces around the world are preparing – and faring – in the new digital world order....
