Australia is set to announce plans for far-reaching reforms of its payments system’s regulation on Wednesday (Dec. 8), including the creation of a “considered regulatory framework” for cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Indonesian buy now, pay later (BNPL) platform Kredivo has teamed up with the country’s Bank Sahabat Sampoerna to launch a new payment card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Global payable solution Tipalti on Wednesday (Dec. 8) announced it closed a Series F fundraising round that brought in $270 million at a valuation of $8.3 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Danish toy maker Lego is building a $1 billion factory in Vietnam as demand for the toy bricks across Asia continues to grow, according to a report on Wednesday (Dec. 8) in The Wall Street Journal. Get the Full Story Complete the form to unlock...
Financial services startup Ualá in Buenos Aires, Argentina, recently launched Ualintec Capital, its own broker-dealer operations, to expand the number of investment alternatives it can offer customers through its digital wallet app, Bloomberg reported. Get the Full Story Complete the form to unlock this article...
iPhone and iPad assembly stopped for several days in October — usually one of the busiest times of the year ahead of the holiday rush — because of global supply chain bottlenecks and power use restrictions in China, sources with knowledge of the predicament told...
With the automotive microchip shortage expected to last well into 2022, prices for new and used cars remain elevated, leading many consumers to consider repairs and better upkeep of their vehicles over outright replacement. Get the Full Story Complete the form to unlock this article...
Traffic at physical stores remains on a long-term downward trajectory despite a recent rebound compared to last year’s pandemic lows, but that isn’t stopping retailers from leaning into store openings, with Wayfair as the latest digital brand to announce new brick-and-mortar efforts. Get the Full...
FinTech payments startup Flip raised $48 million in a Series B funding round co-led by Sequoia Capital India, Insight Partners, and Insignia Ventures Partners, according to a press release on Wednesday (Dec. 8). Get the Full Story Complete the form to unlock this article and...
