News

International
EU Rejects Complete Ban on Bank Payouts in Response to Ukraine Crisis
March 15, 2022

European regulators won’t ban bank dividends and share buybacks because of the Ukraine crisis, the Financial Times reported Tuesday (March 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Delivery
India’s Delivery Services Zomato, Blinkit to Merge, Report Says
March 15, 2022

Indian food delivery firm Zomato will be conducting an all-stock merger with Blinkit which will value the instant-delivery service between $700 million and $750 million, Reuters reported Tuesday (March 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
EMEA Daily: Meta Faces Fines in South Africa; CloudPay, Visa Partner on Payroll Payments; UK...
March 15, 2022

In today’s top Europe, Middle East and Africa news, South Africa’s competition regulator is seeking to prosecute Facebook for abusing its dominance in the social media sector, and the United Kingdom’s National Crime Agency has called for more cryptocurrency rules. Get the Full Story Complete...

Investments
Netherlands-Based eMarketplace ChannelEngine Gets $49.8M for Expansion
March 15, 2022

ChannelEngine, the online marketplace integration platform, has closed a Series B funding round for 45.5 million euros ($49.8 million), according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Blackhawk Network Teams With Custom Business Solutions on Digital POS for Retail, Restaurants
March 15, 2022

Blackhawk Network is partnering with Custom Business Solutions (CBS) on new digital point of sale (POS) options for restaurants and those in the retail space, the companies announced Tuesday (March 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Digital Banking
Today in FinTech: GoTo Advances IPO Plans; Green Dot Partners With Plaid; Baselane Expands Financial...
March 15, 2022

In today’s FinTech news, GoTo is moving forward with its initial public offering (IPO) plans in Indonesia, while Green Dot collaborates with Plaid to expand banking services. Plus, Baselane expands its financial management services tailored to landlords’ needs and more. Get the Full Story Complete...

Investments
California’s Bear Robotics Nets $81M to Scale Its Waiter Robots
March 15, 2022

Hospitality technology firm Bear Robotics has raised $81 million in a Series B funding round, the Redwood City, California company announced Tuesday (March 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

CFPB
CFPB’s New Procedural Rules May Be a Game-Changer 
March 15, 2022

The Consumer Financial Protection Bureau (CFPB) in late February issued procedural rules that may represent a change in the agency’s strategy to pursue enforcement actions and could also allow it to have more time to tackle its ambitious and crowded agenda.   Get the Full...

Delivery
Food Sellers Diversify Across Categories to Meet Expectations, Drive Spending
March 15, 2022

Increasingly, consumers are growing to expect their on-demand food providers to span categories. Restaurant aggregators such as DoorDash and Uber Eats are making moves into the grocery space, while online grocery marketplace Instacart has begun firing back by offering meal solutions. Get the Full Story...