The Credit Union National Association (CUNA) this week backed the Consumer Financial Protection Bureau’s (CFPB) probe of Google, Apple, Facebook, Amazon, Square and PayPal’s payments policies, according to a Wednesday (Dec. 22) report from Financial Regulation News. Get the Full Story Complete the form to...
Private investors have contributed historic amounts of cash to South Korean startups that have moved on to unicorn status — startups valued at over $1 billion — which have doubled in number since 2018, Reuters reported on Wednesday (Dec. 22). Get the Full Story Complete...
German-based mobile fuel station payments provider PACE Telematics has joined forces with PayPal to enable mobile payments at fuel pumps with a smartphone or, in Europe, an Apple Watch or Android smartwatch, according to a Wednesday (Dec. 22) press release. Get the Full Story Complete...
It’s been a tumultuous year for the markets – for the slew of crypto firms and online platforms, some of them global in scope – and headed into the new year, the questions surrounding valuation seem pressing. Get the Full Story Complete the form to...
The financial automation hub LiveFlow announced this week it has raised $3.5 million in seed money in a funding round led by Moonfire Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Global eCommerce activity has surged over the past year, presenting prime growth opportunities for enterprises. These opportunities come with several challenges, however. Enterprises must meet cross-border shoppers’ payment preferences by accepting localized payment methods, accommodate local or regional regulatory requirements, and manage a wide variety of cross-border payment...
Next-day package delivery service Veho raised $125 million in a Series A funding round at a $1 billion valuation that was led by General Catalyst, according to a press release on Tuesday (Dec. 21). Get the Full Story Complete the form to unlock this article...
Rapid delivery startup Getir is already zipping around New York City, Chicago and Boston, but its under-10-minute drop-off service for groceries and essentials will soon be targeting a larger footprint in the U.S. Get the Full Story Complete the form to unlock this article and...
Today, in TechREG, we start a series of articles about open banking and its regulatory challenges and opportunities. In this article, we explain the two main policy approaches to open banking, and we include a prediction of which one is likely to have more followers...
