News

Regulation
Social Media Platforms Face a Difficult Situation to Deal with Misinformation 
February 25, 2022

Big Tech companies, and in particular social media platforms, face a new situation where content moderation and removal of misinformation will be of utmost importance. The military conflict in Ukraine is yet another situation where digital platforms may have to play an important role.  Get...

International
Russia Remains on SWIFT Over Fears of New Payments System
February 25, 2022

The EU and the U.S. are formally signing off on sanctions against Russia in response to President Vladimir Putin’s decision to invade Ukraine, but the penalties stop short of booting Russia from the global SWIFT payments network. Get the Full Story Complete the form to...

Latin America
Paramount on Why Payment Choice Drives Streaming Subscribers in LatAm
February 25, 2022

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Security & Fraud
Automated Certification Emerges as Key Line of Defense in Banks’ Fight Against Hackers
February 25, 2022

Open a newspaper, turn on the TV or click on a link, and you’ll see any number of headlines — seemingly every day — that shine a spotlight on just how vulnerable our data can be, and how hackers are leveraging business email compromises and...

IPO
Most Pandemic FinTech IPOs Now Trade as ‘Busted’
February 25, 2022

Along with everything else, war brings uncertainty to stock markets. 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 newsletter, PYMNTS Today. By completing this...

Investments
FinTech Sweater Closes on $12M in Funding for Venture Capital
February 25, 2022

Sweater, which bills itself as a fintech company and venture capital fund on track to become the first full0managed VC fund open to average investors, closed a $12 million funding round, according to a company news release Thursday (Feb 24).Sweater stated in the release that...

Payment Methods
Mollie Looks to Improve Marketplace Product With a Financial Services Suite for European SMBs
February 25, 2022

It’s no secret that digital payments have gotten a major boost in the wake of the pandemic, leading to stiff competition in the global industry as disruptive startups challenge incumbents with cutting-edge technology and innovative solutions. Get the Full Story Complete the form to unlock...

eCommerce
Wayfair Expects eCommerce Slowdown as Consumers Return to Stores
February 24, 2022

Major online furniture retailer Wayfair is grappling with the simultaneous challenges of inflation and the end of COVID-related lockdowns, both of which are leading customers to shop online, The Wall Street Journal reported Thursday (Feb. 24). Get the Full Story Complete the form to unlock...

Security & Fraud
Utility Scams Using Mobile Payment Apps Rise 150% From January ’21
February 24, 2022

Scams targeting users of mobile payment apps such as Cash App, QuickPay, Venmo and Zelle are surging, the Better Business Bureau and Illinois utility Commonwealth Edison warned Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...