The Bank of Thailand (BOT) has outlined a fresh set of banking initiatives designed to position the financial sector for a sustainable digital economy, the country’s central bank announced Friday (March 25). Get the Full Story Complete the form to unlock this article and enjoy...
Warning that the risks decentralized finance (DeFi) pose are quickly evolving as the crypto-based markets grow to the point where they are “cloning” mainstream financial markets, an international group of securities regulators announced a push to create a coordinated global response. Get the Full Story...
Lebanon’s central bank chief was charged with illicit enrichment and money laundering by Lebanese Judge Ghada Aoun, while a Nevada man pleaded guilty to laundering funds solicited for BitClub Network, according to reports. Get the Full Story Complete the form to unlock this article and...
It has been a big week for leading grocery aggregator Instacart. The company announced Wednesday (March 23) its new “Instacart Platform” suite of solutions, which includes offerings such as 15-minute grocery delivery and new marketing solutions, and then Friday (March 25), it was reported that...
Bed Bath & Beyond Inc. and activist investor Ryan Cohen appear to have put their differences aside. 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...
The steady 10-month slump of Jessica Alba’s Honest Company continued Friday (March 25), after the Los Angeles-based seller of diapers and personal care products said first-quarter sales would be down 15% and full-year revenue flat. Get the Full Story Complete the form to unlock this...
Customers who have tried Mister Car Wash really seem to like it, based on the 34.3% year-over-year increase in Unlimited Wash Club (UWC) memberships through the end of 2021 to 1.656 million members. Get the Full Story Complete the form to unlock this article and...
The U.K. Treasury, the Competition and Markets Authority (CMA), the Financial Conduct Authority (FCA) and the Payment System Regulator (PSR), issued a joint statement Friday (March 25) highlighting the benefits of open banking and their plan to create a new regulator that continues supporting these...
Shares for direct-to-consumer (D2C) mattress brand Purple Innovation were down about 5% in early trading Friday (March 25) after the company announced it will sell 14 million shares of its Class A common stock to the public through Tuesday (March 29). Get the Full Story...
