Citing the rise in crime, Brazilian lawmakers are mulling the possible halt of the Pix instant payments system, ZDNet reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Today in payments around the world, the U.K. enforces new listing rules for exchanges, and Big Tech firms’ EU woes are far from over. Plus, Berkshire Hathaway’s Munger agrees with China’s crypto ban, Moody’s acquires two European KYC firms, Lids goes international with London stores...
In today’s top retail news, Macy’s is reportedly trying to find the right way to balance its stores with its eCommerce presence as it mulls a breakup of the two businesses, while shoppers are gravitating toward Amazon when shopping for toys. Also, out-of-stock messages are...
Customers’ shopping habits continue to evolve amid a worldwide reopening of storefronts, but the global cross-border payments market remains in full swing, with volume expected to reach $156 trillion in 2022 — and offering alternative, yet familiar, payment methods to consumers can be a powerful...
Great Outdoors Group, LLC and Sportsman’s Warehouse Holdings, Inc. announced on Friday (Dec. 3) through the Federal Trade Commission (FTC) that they are canceling their proposed merger, which would have brought together two outdoor sporting goods companies. Get the Full Story Complete the form to...
It’s 1957. Russia just launched the Sputnik satellite, so everyone’s on edge. “Doctors” in TV commercials tell us cigarette smoking is okay. Elvis Presley’s “Too Much” is the No. 1 song, “Around the World in 80 Days” wins the Oscar for best picture, and a...
United States and Canadian firms’ days sales outstanding (DSO) measurements are getting longer, but these businesses have the power to change course. Investing in digital innovations like virtual cards can help them receive payments faster and also provide a number of additional efficiencies. Get the Full Story...
Predicting the Consumer Financial Protection Bureau’s agenda for 2022 based on this year’s rulemaking isn’t quite as easy this year, as the bureau was without a permanent director until mid-October, when Rohit Chopra was sworn in. Get the Full Story Complete the form to unlock...
In recent weeks, the European Union has slapped hefty fines on some of the world’s largest technology companies while putting in place rules to limit how Big Tech companies like Amazon, Apple, Facebook, Google and Microsoft stifle competition with anticompetitive practices. Get the Full Story...
