News

Security & Fraud
Why the Wisdom of the Online Crowd is Key to Fighting BNPL Fraud
December 21, 2021

Buy now, pay later (BNPL) has gone global, empowering people to set up their payments on a predetermined schedule. It gives people more control over their finances and the convenience of acquiring the goods and services they want on terms they can afford — all...

Payment Methods
Latin America’s Embrace of eCommerce, Digital Payments Marks Cultural Shift
December 21, 2021

The adoption of digital payments and the number of people who are doing their shopping online has accelerated rapidly in Latin America this year. While the region still trails most parts of the world in terms of the percentage of people who have access to...

Partnerships / Acquisitions
Visa Completes Acquisition of Cross Border Payments Platform Currencycloud
December 20, 2021

Visa has completed its purchase of Currencycloud, which works with banks and FinTechs to provide foreign exchange (FX) solutions for cross-border payments, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Online Marketplace Snapdeal May File Draft IPO With India’s Markets Regulator
December 20, 2021

Online marketplace Snapdeal is likely to file papers soon with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO), The Economic Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Bitcoin
Bitcoin Daily: Crypto Market Adds $1.5T in Overall Value in 2021; Top Bitcoin Holders Control...
December 20, 2021

Cryptocurrencies have added $1.5 trillion in value this year as they continue to be a force in the market, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
Swiss Bank UBS Takes Appeal of Money Laundering Verdict to French Supreme Court
December 20, 2021

UBS has filed an appeal over a Paris court’s decision that upheld the company’s conviction for money laundering, Reuters reported Monday (Dec. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
EMEA Daily: Italy’s Zegna Goes Public in $3.1B SPAC Deal; Europe’s Digital HealthTech Sector Gets...
December 20, 2021

In today’s top Europe, Middle East and Africa (EMEA) news, Italian luxury fashion firm Zegna goes public in a $3.1 billion deal; Europe’s digital healthcare sector gets a $30 million funding boost; venture capital investment in Saudi firms is on the rise; the Davos Economic...

Retail
Carvana Could Lose Florida Dealer License
December 20, 2021

Florida officials could soon suspend used car retailer Carvana’s dealer license after increasing issues with title transfers, Seeking Alpha reported Monday (Dec. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Nordstrom Considers Spinning off Rack Into New Business
December 20, 2021

Nordstrom is looking at spinning off its discount Nordstrom Rack business to trim its losses, Seeking Alpha reported. The company was down 0.6% as of Monday (Dec. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...