Credit cards payment firm Cred is acquiring corporate expense management firm Happay in a cash and stock deal valued at $180 million, according to multiple reports. The move gives Cred entree to the enterprise spending space. Get the Full Story Complete the form to unlock...
With the term “supply chain” becoming part of everyday household patter, consumers are acutely aware of shortages and delays caused by the pandemic. Some sectors — particularly electronics and durable goods that rely on semiconductors — are seeing delivery wait times for items ordered this year extend...
Digital fraud in the U.K. is increasing at an alarming rate. 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...
China intends to remove a technicality that permitted the country’s tech sector from raising overseas investments by prohibiting companies from making an initial public offering (IPO) on foreign stock markets through variable interest entities, according to a Wednesday (Dec. 1) Bloomberg report. Get the Full...
Sitting next to Treasury Secretary Janet Yellen in a Senate hearing on Tuesday (Nov. 30), Federal Reserve Chairman Jerome Powell challenged her on stablecoin regulation, calling the Treasury Department’s recent recommendation that only federally insured banks be allowed to issue them “perplexing.” Get the Full...
Autonomous billing platform Anchor closed a $15 million seed funding round led by Rapyd Ventures, Entrée Capital, and Tal Ventures, according to a press release on Wednesday (Dec. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In an effort to recognize “the creativity and passion” of its creators, TikTok has launched a service called Creator Next, which lets creators unlock tools that reward their efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Saudi-based food delivery startup Jahez is readying its initial public offering (IPO) on the Saudi stock exchange, according to a Wednesday (Dec. 1) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The mobile ordering and payments startup Mr. Yum has raised $89 million in a Series A funding round, which the Australian company says is a milestone for two reasons. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
