News

Security & Fraud
Legitimate Online Gambling Sites Bet on Digital ID and Data to Win Against Cybercrime
November 08, 2021

Online gambling has had big payoffs for legitimate operators thanks to pandemic boredom, growing from a $64 billion market in 2020 to roughly $72 billion in 2021. Hidden within those figures — or just not recorded — are the estimated billions in wagers and winnings...

Retail
US Retailers Pin Hopes on Tourists As Travel Ban Lifts
November 07, 2021

U.S. retailers are hoping incoming international travelers will help buoy sales for the holiday shopping season, CNBC reported. 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...

IPO
Mobile Health Services Provider DocGo to Start Trading on Nasdaq
November 07, 2021

DocGo, a mobile health services provider, has merged with a special purpose acquisition company (SPAC), Motion Acquisition Corp., and plans to begin trading on Nasdaq Monday (Nov. 8), according to a press release. Get the Full Story Complete the form to unlock this article and...

Bitcoin
Bitcoin Daily: Bitfinex Pay, MetaMask Team on Crypto Expansion; Brazilian Bill Would Allow Workers to...
November 07, 2021

Bitfinex Pay, a cryptocurrency payment gateway, has integrated with browser and wallet extension MetaMask, which could expand crypto use to “tens of millions of users,” Cointelegraph reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
EMEA Regulation Roundup: European Commission Adopts Delegated Act on Cybersecurity; UAE to Merge All Government’s...
November 07, 2021

In recent top Europe, the Middle East and Africa (EMEA) news, the European Commission has announced the adoption of the Delegated Act on Cybersecurity for the Radio Equipment Directive (RED), aimed at ensuring a greater level of cybersecurity, personal data protection and privacy for connected...

International
Biden Wants Cuba Remittances Policy ‘Tough on the Regime and Soft on the Cuban People’
November 07, 2021

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...

B2B Payments
42% of Companies Seek To Expand Vendor Relationships Through Improved Payment Processes
November 06, 2021

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...

International
Today in Payments Around the World: Poland’s Allegro to Pay $1B for Czech Retailer Mall...
November 05, 2021

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,...

IPO
Cian Will Sell IPO Shares for $16 Each
November 05, 2021

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...