Companies important to the U.S.’s national interests will now have to report when they’re hacked or if they pay ransomware, an Associated Press report said, under a bill passed by Congress and expected to be signed by President Joe Biden. Get the Full Story Complete...
The Russian central bank won’t be reopening stock market trading on the Moscow Exchange between March 14-18, Reuters reported Saturday (March 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
MoneyGram plans to quit offering its services in Russia over that country’s ongoing invasion of Ukraine, a company statement said Friday (March 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Justice Department plans to investigate people, banks and cryptocurrency exchanges that have helped rich Russians hide or launder their money, Bloomberg reported Friday (March 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As Ukrainian Foreign Minister Dmytro Kuleba continues pressing Russian Foreign Minister Sergei Lavrov for a ceasefire in Ukraine that hasn’t held so far, FinTechs are taking some matters into their own hands, getting various forms of aid to embattled Ukrainians. Get the Full Story Complete...
In today’s FinTech news, Lunar digital bank eyes growth in the Nordic region, while Brazil’s central bank hands down new FinTech regulations. Plus, Revolut’s CRO resigned to launch a cryptocurrency startup. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In today’s top Europe, Middle East and Africa news, Revolut’s chief revenue officer is planning on leaving the U.K.-based financial company to launch a cryptocurrency platform, and luxury resale platform Yoox Net-A-Porter debuted a menswear resale line. Get the Full Story Complete the form to...
Today in B2B payments, Happiness Development inked a $6.7 million direct offering for a B2B auto business, and decentralized markets and local skills boost European B2B wholesale eCommerce. Plus, digital bank Lunar raises $76 million in fundraising round. Get the Full Story Complete the form...
Today in retail, Ulta Beauty holds its own in the increasingly competitive beauty care sector, while APIs play an important role for businesses when it comes to payment orchestration. Plus, Rivian’s production was cut in half because of supply chain challenges, lease-to-own financing helps financially...