News

Retail
Flush With Q4 Cash, Retailers are About to Embark on Inventory IT Spending Spree
January 05, 2022

Having not only survived, but thrived, through the fourth quarter’s supply chain headwinds and inventory challenges yet still delivered better-than-expected results, the nation’s retailers — flush with cash — are now poised to embark on a shopping spree of their own. Get the Full Story...

Regulation
Korean Regulators Grapple With Next Steps as Techs Firms Expand Into Finance
January 05, 2022

Naver and Kakao, two of the largest online service providers in South Korea, are taking steps into financial services, pushing financial institutions (FIs) to better meet FinTech needs, according to The Korea Herald. Regulators now have the task of deciding whether to write rules that...

B2B Payments
Great Resignation Sees ‘Tidal Wave of Entrepreneurs’ Seeking Help To Grow New Businesses
January 05, 2022

When there’s a “tidal wave” of new entrepreneurs out there, being the place where they can go to launch, run and grow a business is a great position to be in. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
10 Ways Regulation Could Shake Up the Digital Economy in 2022
January 05, 2022

In 2021, regulators and policymakers around the world launched different regulatory initiatives on a wide range of topics from FinTech to crypto, privacy and artificial intelligence. In TechREG, we expect that many of these regulatory debates will transform into new laws and regulations in 2022. ...

Cross-border Payments
Deep Dive: The Explosive Growth of Mobile Payments for Cross-Border Transactions
January 05, 2022

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 form, you agree to receive marketing communications from PYMNTS and...

International
3 Telco-Driven Apps To Watch in Emerging Markets in 2022
January 05, 2022

Super apps like China’s WeChat have become intrinsic to consumers’ lives, moving beyond messaging apps to cater to a wide array of digital service needs like payment transfers, buying train tickets, paying rent, or purchasing goods and services. Get the Full Story Complete the form...

Banking
LendingClub Reorganizes to Focus on ‘Everyday’ Americans
January 04, 2022

LendingClub won’t be going forward with several business operations in 2022, including its yacht loan business, according to CEO Scott Sanborn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payment Methods
The Five Things That Will Determine The Success – or Failure – of China’s Digital...
January 04, 2022

China today (Jan. 4) released its digital yuan wallet on Apple’s App Store and on Google Android app stores in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Digital Banking
Rev Debuts Its App-Based X World Wallet With Loyalty, Travel Perks
January 04, 2022

Payment products innovations company Rêv has debuted its X World Wallet, an app-based multi-currency debit account, nationwide in the United States, according to a Tuesday (Jan. 4) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...