News

Bitcoin
Bitcoin Daily: Pantera CEO Hesitant on Bitcoin ETF; Bitcoin’s Two-Week Rally Pushes Prices Above $57K
October 11, 2021

Pantera Capital CEO Dan Morehead said the cryptocurrency market is doing well, although a possible new bitcoin exchange-traded fund (ETF) could jeopardize the progress, Decrypt reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

eCommerce
Amazon Report: Singapore’s MSMEs Generate 45% of B2C eCommerce Exports
October 11, 2021

The annual value of business-to-consumer (B2C) eCommerce exports from Singapore will be around $1.03 billion in 2021, per a report from Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Markaaz, Mastercard Team on Payments, Security for SMBs
October 11, 2021

Markaaz, which connects small- to medium-sized businesses (SMBs) with suppliers, is working with Mastercard to bring the credit card company’s products and services, particularly for payments and security, to SMBs, according to a press release. Get the Full Story Complete the form to unlock this...

Retail
For D2C Snack Boxes, SKU Count Is the Difference Between Flopping and Thriving  
October 11, 2021

During the early months of the pandemic, direct-to-consumer (D2C) businesses saw their delivery-only model grow in popularity, as contagion concerns kept consumers out of brick-and-mortar shops. However, as people have returned to their lives away from home, D2C subscription services now have to work hard...

Digital Banking
Customers Cite Trust and Security as Restraining Factors in Adopting Digital-Only Banking Service
October 11, 2021

Banking customers have made it evident in a PYMNTS study that convenience and ease of use provided by technology-based services are of utmost value to their experience, which is a deciding factor in making a banking choice. This preference is driving the digital-only bank to...

Social Commerce
Facebook Outage Impact on Emerging Market SMBs Just Starting to be Known
October 11, 2021

Panic, agony, torture, stress – those are some of the words users around the world had to describe last week’s six-hour global outage, from 4 p.m. GMT (11 a.m. ET) until around 10 p.m. GMT on Monday (Oct. 4), during which social media services Facebook,...

B2B Payments
Today in B2B: ClearBank Debuts Multi-Currency Package; Esker Focuses on Improved Cash Flow Management
October 11, 2021

Today in B2B payments, research shows 15 percent of B2B receivables arrive late, and ClearBank expands its offerings for financial institutions and FinTechs that operate in multiple currencies. Plus, Archa rolls out a smart business credit card and spend management platform, and Esker rolls out...

IPO
MobiKwik Moving Forward with Indian IPO 
October 11, 2021

Indian digital wallet and payments startup MobiKwik now has the blessing of markets regulator Securities and Exchange Board of India (Sebi) for an initial public offering. The company plans to raise up to Rs 1,900 crore ($252,000) through the effort, according to a Business Standard...

International
China Imposes More Supervision Over Payments Ecosystem
October 11, 2021

China’s Central Bank has penalized 1,436 banks and payment companies and levied fines totaling 1.13 billion yuan — or $176 million — since 2016, the bank’s deputy governor said at the recent China Payment and Clearing Forum. Get the Full Story Complete the form to...