The White House is seeking “innovative options” to restart remittances to Cuba, it said when sending back some recommendations that had been made by the Treasury Department and State Department, Reuters reported Friday (Nov. 5). Get the Full Story Complete the form to unlock this...
Firms can now choose from a variety of payment methods when sending or receiving funds, which means the companies they do business with must maintain multiple systems to accommodate disparate needs and preferences. Get the Full Story Complete the form to unlock this article and...
Today in payments around the world, Polish eCommerce firm Allegro will acquire Czech retailer Mall Group for $1 billion, and a European Central Bank board member explains his optimism about the digital euro. Plus, Colombian delivery app Rappi is set to go public next year,...
Russian online real estate classifieds platform Cian PLC will sell 18,213,400 American Depositary Shares for $16 each during its initial public offering (IPO), the company announced Friday (Nov. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Urban mobility company Lime has raised $523 million in an effort to ramp up production of its newest line of eScooters and eBikes, all in preparation to go public next year, Reuters reported Friday (Nov. 5). Get the Full Story Complete the form to unlock...
In today’s top retail news, increased memberships at Planet Fitness and slowing growth at Peloton suggest in-home fitness may be a pandemic fad for some consumers, while retailers look for ways to combat abuse of their return policies and promotions. Also, Pinterest said it’s fine...
Pacsun is introducing a dedicated store for kids and just launched its first location at the Mall of America, the largest mall in the U.S. located in Bloomington, Minnesota, according to a Friday (Nov. 5) press release. Get the Full Story Complete the form to unlock...
The Polish eCommerce firm Allegro hopes to create a regional platform through its $1.02 billion purchase of the Czech online retailer Mall Group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Colombian delivery app Rappi Inc. is planning its initial public offering (IPO) for late in 2022, co-founder Juan Pablo Ortega told Bloomberg at the Web Summit conference in Lisbon, Portugal, for its report Friday (Nov. 5). Get the Full Story Complete the form to unlock...
