News

Payments Innovation
Half of US, Canadian Firms Say Data Management, Compliance Costs Blunt Innovation
January 24, 2022

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International
UK Economic Crime Tops What Gov’t Spends to Fight It, Data Shows
January 23, 2022

A report from anti-graft charity Spotlight on Corruption says economic crime in the U.K. ends up costing the government “hundreds of times more” than the government spends fighting it, according to a Financial Times report Sunday (Jan. 23). Get the Full Story Complete the form...

B2B Payments
Moroccan B2B eCommerce Platform Chari Nets Funding on $100M Valuation
January 23, 2022

Morocco-based B2B eCommerce and FinTech startup Chari could see a valuation of $100 million after a new bridge round of funding, TechCrunch reported Thursday (Jan. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Kohl’s May Have Second Suitor in Takeover Bid
January 23, 2022

Just days after receiving a takeover offer from Starboard Value, Kohl’s could see a second takeover offer from private equity firm Sycamore Partners, Reuters reported Sunday (Jan. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Bitcoin
Bitcoin Daily: Crypto Prices Drop After Russia Calls for Ban; Bitcoin Drops Below $35,000
January 23, 2022

Bitcoin hit its lowest dollar value since last August as it fell below $37,000 on Friday (Jan. 21), The Wall Street Journal (WSJ) wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
India Tests Internet-Free Digital UPI Payments
January 23, 2022

The National Payments Corp. of India is testing a solution to allow Unified Payments Interface (UPI) based digital pay without an internet connection, Mint reported Sunday (Jan. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Kohl’s Sees $9B Bid for Sale
January 23, 2022

There’s been a bid to buy Kohl’s for $9 billion from a group backed by Starboard Value LP, The Wall Street Journal (WSJ) reported Friday (Jan. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Blockchain Technology Can Take the Sting out of Cross-Border Payments
January 21, 2022

Cross-border B2B payments can be challenging, with regulatory differences, language barriers and high global remittance costs. 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...

Investments
Irish CleanTech Firm Exergyn Raises $34M in Series A
January 21, 2022

The Irish CleanTech firm Exergyn has raised $34 million in a Series A funding round to help develop its thermal management technology, according to published reports Friday (Jan. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...