News

B2B Payments
ANKA Marketplace Shows Power of Digital to Take African Businesses Global
October 25, 2021

“When you facilitate the life of the sellers, they end up selling even more.” 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...

Partnerships / Acquisitions
23andMe to Buy Web Platform Lemonaid Health for $400M
October 25, 2021

Hims & Hers Health has had its biggest one-day loss in over two months, following its rival 23andMe’s agreement to buy web-based healthcare platform Lemonaid Health. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Partnerships / Acquisitions
PayPal Not Buying Pinterest ‘At This Time’
October 25, 2021

PayPal is not buying the social media image sharing site Pinterest, the payments giant said in a brief statement on Sunday (Oct. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Jumio Intros No-Code Orchestration Layer for KYX Platform
October 25, 2021

Artificial intelligence (AI) identity verification startup Jumio has launched an intuitive, no-code orchestration layer for its KYX Platform that pulls together a full suite of risk and fraud detection tools, the company said in a press release emailed to PYMNTS. Get the Full Story Complete...

B2B Payments
JPMorgan: Real Time Payments Will Speed B2B Payments, But ACH Has Staying Power
October 25, 2021

The headlines paint an ominous picture for the holiday shopping season — and, indeed, for everyday commerce. 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...

Loyalty & Rewards
Bakkt’s Plan to Grow Its Digital Asset Network From 100K Active Users to 32 Million...
October 25, 2021

Unused gift cards sit idly in a drawer.   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 form, you agree to receive...

Payment Methods
Surging Debit Use Leads ‘Eighty-Fold’ Acceleration in LatAm Digital Payments
October 25, 2021

In just two years, Latin American debit and credit card use rates have essentially swapped their market share positions.  In 2019, roughly 60% of the total purchases in the region were made through credit, whereas today, 65% of total sales from both physical and eCommerce...

Investments
Pinterest Stock Dips Amid PayPal Deal Uncertainty
October 24, 2021

Pinterest has seen a 1.5 percent fall after its release saying it would release its third-quarter financial results on Nov. 4, after the close of the market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
India’s Stripe-Backed Clear Nets $75M to Expand into Online Payments
October 24, 2021

Clear, the startup from India, has raised $75 million from investors, including from Stripe and others, as it attempts to get into more online payments, a report from Bloomberg says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...