News

eCommerce
Inventory Stockouts Cost Retailers Up To $4.6B On Black Friday
November 29, 2021

Black Friday kicked the 2021 holiday season off with a bang. 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...

Faster Payments
Citi: Innovating Trade Finance Requires Instant Payments, Digital Platforms
November 29, 2021

Tech is changing treasury — and, by extension, global payments. 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...

International
European Banks Seek EU Exemptions to Access London Trading Markets
November 28, 2021

Banking groups in the Eurozone want access to the London derivatives trading market — a multi-trillion dollar market — and other major markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
British Used Car Website Carzam Nets Almost $150M in Funding
November 28, 2021

Carzam, the used car site, has raked in £112 million toward its business to keep selling used cars, a report from The Telegraph says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
National Bank of Egypt Launches B2B Platform, Continuing Nation’s Move to Electronic Payments
November 28, 2021

The National Bank of Egypt (NBE) has launched a B2B electronic payment service that includes collection and payment tools meant for use by businesses of all sizes, The Daily News Egypt reported Saturday (Nov. 27).  Get the Full Story Complete the form to unlock this article and enjoy...

Bitcoin
Bitcoin Daily: FCA to Crack Down on Crypto Sent to Terrorist Groups; UK May Lose...
November 28, 2021

El Salvador’s move to make bitcoin a legal tender could end up causing problems at tax time elsewhere in the world, a report from The Telegraph says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Indian FinTech Slice Hits Unicorn Status with $220M Funding Round
November 28, 2021

Slice, the India-based FinTech providing credit cards, has become a unicorn as of a new $220 million Series B, which values the company at over $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
EU’s Digital Market Act Clears Hurdle, Would Set Restrictions on Social Media Platforms
November 28, 2021

The European Parliament Committee on Internal Market and Consumer Protection (IMCO) has approved the Digital Markets Act (DMA) to put more stringent rules about big social media platforms in place. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
UK Expands Financial Regulators’ Duties
November 28, 2021

The U.K. will be looking at making its regulators help boost growth and competition in finance, in addition to their other tasks, a Wall Street Journal (WSJ) report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...