News

International
Russian Banks Look to China’s UnionPay to Issue Cards
March 06, 2022

Numerous Russian banks have said they plan to begin issuing cards using the Chinese UnionPay card operator system, combined with the Mir network from Russia, Reuters reported Sunday (March 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

CFPB
CFPB, State Attorneys General Probe Block Over Cash App
March 06, 2022

Digital payment company Block, run by CEO Jack Dorsey, is now being investigated by the Consumer Financial Protection Bureau and several state attorneys general regarding its Cash App service, Bloomberg wrote Friday (March 4). Get the Full Story Complete the form to unlock this article...

Payment Methods
Mastercard, Visa Suspend Russian Operations, Condemn Unprovoked Attack on Ukraine 
March 05, 2022

The world’s two largest credit card and digital payment processors both announced Saturday (March 5) that they were suspending operations in Russia in response to its unprovoked attack on Ukraine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
Bank of America First Recipient of J.D. Power Financial Health Support Certification
March 04, 2022

Data analytics and consumer intelligence firm J.D. Power on Friday (March 4) launched a financial health certification program that recognizes retail banks and credit card issuers “that deliver a high level of satisfaction” through personalized products and services for their customers. Get the Full Story...

B2B Payments
Today in B2B: Cross-Border B2B Payments Boost Annual US, UK Sales; B2B Sales Platform Apollo...
March 04, 2022

Today in B2B payments, Apollo.io raises $110 million for hiring more staff and Sary acquires Egyptian B2B platform Mowarrid to expand into Africa. Plus, no business is too small to start its digitization journey and cross-border B2B payments are becoming increasingly important to annual sales...

Delivery
Aggregators Weekly: Kuwait’s Talabat Mart Delivery Service Expands
March 04, 2022

Good news came this week for residents of Assiut, Zagazig, Ismailia and Port Said who have been seeking a food delivery service. Talabat Mart, the online company that promises 20-minute deliveries, announced it has expanded to those regions. Get the Full Story Complete the form...

International
EMEA Daily: Ukraine Receives $20M in Bitcoin, Ethereum Donations; Volocopter Raises $170M for Air Taxi 
March 04, 2022

In today’s top Europe, Middle East, and Africa news, bitcoin and ethereum investors donated $20 million to Ukraine in the wake of Russia’s invasion of the country; and German aircraft maker Volocopter has raised $170 million in a Series E funding for its electric passenger air...

Investments
Zeller Bank Becomes Unicorn with Latest $100M Funding
March 04, 2022

Australian digital business bank Zeller raised $100 million in a Series B funding round that gave the startup a $1 billion valuation and brought its investment total to more than $181 million since June 2020. Get the Full Story Complete the form to unlock this...

IPO
eCommerce Firm ESW Weighing $4B IPO
March 04, 2022

eCommerce specialist ESW is weighing an initial public offering (IPO) that could value the firm in the neighborhood of $4 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...