The European Payments Council (EPC), a nonprofit organization representing payment service providers (PSPs) that promotes the development of the Single Euro Payments Area (SEPA), has launched a consultation to expand the scope of SEPA payments beyond the Euro area. Get the Full Story Complete the...
Calling cryptocurrency the “Wild West” of finance, the U.S. Securities and Exchange Commission (SEC) chairman has said regulating crypto trading platforms is one of the biggest challenges facing Congress. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Spending app Wedge has debuted a new rewards program, powered by cash back offer platform Cardlytics, according to a Thursday (Jan. 20) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The eCommerce package tracking company Route has joined the unicorn club. 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...
As more people return to in-store shopping, businesses managing both physical locations and eCommerce markets are tapping financial infrastructure platform Stripe and its Stripe Terminal solution to handle payments online and off, according to a press release on Friday (Jan. 21). Get the Full Story...
First there was the death, accidents and lawsuits. Then came Peloton’s product recall after months of resistance. Most recently, reports of a reorg that might include layoffs and even production cuts of its core product have further slammed the once-mighty connected fitness company, which shed another 25%...
Retail bankruptcies dropped from 52 in 2020 to 21 last year, Axios reported Thursday (Jan. 20), citing research by S&P Global Market Intelligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A report about Peloton Interactive Inc. halting production of its connected fitness products isn’t true, CEO John Foley said Thursday (Jan. 20) in a note to employees, and the company is “moving forward with the appropriate legal action” against the person who leaked the info...
Finclusion Group, the African-focused FinTech platform crafting neobank offerings for its users, has secured $20 million in funding from investors in its latest capital raise, the company announced Tuesday (Jan. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
