News

IPO
49% of 2021 High Profile IPOs Trading at Below Listing Price
November 29, 2021

The companies that raised $1 billion for IPOs in 2021 aren’t doing so well — half of them have been trading below their listing prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
EU Competition Chief Urges Final Push To Pass Big Tech Rules
November 29, 2021

Legislation regulating Big Tech should be approved ASAP by the European Parliament and European Council because “it is best to get 80 percent now than 100 percent never” the European Union (EU) competition and digital policy head Margrethe Vestager said ahead of the FT-ETNO Tech...

Retail
How Product Drops, Marketplaces and Payments Keep Gen Z Loyal, D2C Brands Profitable
November 29, 2021

For decades, fashion followed a wholesale model, with brands serving as the creative houses and the retailers holding most of the power in the customer relationship, marketing and selling products and collecting data on consumer preferences. Get the Full Story Complete the form to unlock...

eCommerce
Inventory Stockouts Cost Retailers Up To $4.6B On Black Friday
November 29, 2021

Black Friday kicked the 2021 holiday season off with a bang. 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...

Faster Payments
Citi: Innovating Trade Finance Requires Instant Payments, Digital Platforms
November 29, 2021

Tech is changing treasury — and, by extension, global payments. 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 this...

International
European Banks Seek EU Exemptions to Access London Trading Markets
November 28, 2021

Banking groups in the Eurozone want access to the London derivatives trading market — a multi-trillion dollar market — and other major markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
British Used Car Website Carzam Nets Almost $150M in Funding
November 28, 2021

Carzam, the used car site, has raked in £112 million toward its business to keep selling used cars, a report from The Telegraph says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
National Bank of Egypt Launches B2B Platform, Continuing Nation’s Move to Electronic Payments
November 28, 2021

The National Bank of Egypt (NBE) has launched a B2B electronic payment service that includes collection and payment tools meant for use by businesses of all sizes, The Daily News Egypt reported Saturday (Nov. 27).  Get the Full Story Complete the form to unlock this article and enjoy...

Bitcoin
Bitcoin Daily: FCA to Crack Down on Crypto Sent to Terrorist Groups; UK May Lose...
November 28, 2021

El Salvador’s move to make bitcoin a legal tender could end up causing problems at tax time elsewhere in the world, a report from The Telegraph says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...