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...
Black Friday is in the rearview mirror, the gifts are on their way, if they haven’t been delivered to doorsteps already. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Eco-friendly footwear and apparel firm Allbirds said it added four new stores and introduced a new line of products in its first report since its debut on the public market, but sales growth wasn’t enough to stem growing losses at the direct-to-consumer (D2C) company. Get...
Though online sales continue to outpace in-store purchases this holiday season, based on PYMNTS’ survey of Black Friday shoppers, consumers are frequenting stores more often now than they were a year ago — and some may find a transformed retail experience. Get the Full Story...
China’s ongoing crypto crackdown could soon extend into the realm of the metaverse and nonfungible tokens (NFTs). 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...
