Saying it’s time for a restart, footwear company Adidas announced that its supervisory board and CEO Kasper Rorsted have mutually agreed that Rorsted will leave the CEO position in 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
There are close to 200 global fiat currencies, a veritable financial Tower of Babel. Add to that cryptocurrencies, and you have unprecedented FX complexity in play when seeking to manage-cross border payments. Get the Full Story Complete the form to unlock this article and enjoy...
Mostly known in China for connecting agriculture products to consumers, eCommerce marketplace Pinduoduo is reportedly expanding its platform globally, with the first launch in the U.S. next month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In the post-Brexit scramble to maintain their European footholds and take advantage of European passporting rules, a slew of U.K. businesses turned to FinTech-friendly Lithuania, catapulting the small Baltic state and its capital city, Vilnius, into a leadership position on Europe’s FinTech scene. Get the...
The buy now, pay later (BNPL) industry has once again drawn the ire of U.K. regulators. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Today in B2B payments, three B2B platforms, Omnibiz, CBC24 and Shoptreo, are expanding to meet the needs of the buyers and sellers they serve. Plus, payments and financing startup BlueTape has raised $55 million to help it provide financing and payments services to companies in...
A Block spokesperson told PYMNTS Friday (Aug. 19) that the company is “disappointed” that the Consumer Financial Protection Bureau (CFPB) has filed a petition for a federal judge to force it to comply with the bureau’s investigation into Block’s Cash App tool. Get the Full...
DoorDash and Walmart are severing their on-demand grocery delivery partnership, an ongoing deal since 2018 that was initially signed for the Atlanta metro area. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Over the past 10 years or so as FinTechs came to dominate payments innovation disintermediation was the ticket, breaking out individual banking functions and building financial products with a singular focus. Now, it’s getting too cluttered for many consumers. Get the Full Story Complete the...
