News

Regulation
BNPL Firms in Australia Can’t Block Merchant Surcharges 
October 22, 2021

The Reserve Bank of Australia on Friday (Oct. 22) said buy now, pay later (BNPL) companies can’t stop merchants across the country from implementing surcharges for their services, Reuters reported, following a two-year review of the situation.  Get the Full Story Complete the form to...

IPO
SPAC Listings Target Blockchain, FinTech
October 22, 2021

Special purpose acquisition companies (SPACs) in a spate of listing announcements this past week, are setting sights on FinTechs and blockchain-focused combinations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Partnerships / Acquisitions
Insurer HSB Taps Zeguro for New Cybersecurity Platform
October 22, 2021

The specialty insurer HSB has acquired a digital cybersecurity platform from security provider Zeguro. 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...

IPO
Kakao Pay’s Seoul IPO Raises $1.3B at Top of Range
October 22, 2021

South Korea’s biggest digital payments platform Kakao Pay raised $1.28 billion in an initial public offering (IPO) priced at the top of its range, according to multiple reports on Friday (Oct. 22). Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Paytm Might Fast-Track $2.2B IPO Post-Diwali 
October 22, 2021

Indian FinTech platform Paytm might skip its pre-IPO plans and accelerate the launch of its $2.2 billion initial public offering to coincide with the end of Diwali Nov. 4, multiple sources told India.com for its report Friday (Oct. 22).  Get the Full Story Complete the...

Partnerships / Acquisitions
YayPay Announces Partnership With Payments Platform Flywire 
October 22, 2021

Customer experience management company Quadient has announced a new collaboration with payments platform Flywire.  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...

B2B Payments
90% of Businesses are Looking to Accelerate Their Payments Within the Next 3 Years
October 22, 2021

Businesses angling for a competitive advantage are clamoring for instant payment options for everything from managing payroll to paying vendors. Instant payments such as digital wallets keep businesses on the cutting edge of innovation and allow them to share the speed with their customers and vendors. Get the Full...

Investments
Embed Snags $60M From Investors Ahead of Q4 Launch
October 22, 2021

Vancouver-based FinTech startup Embed recently locked down $60 million in equity and debt investment ahead of its planned product launch by the end of 2021, according to a Portland Inno report Wednesday (Oct. 20).  Get the Full Story Complete the form to unlock this article...

Banking
What Post-Pandemic Success Will Look Like for Banks and Businesses
October 22, 2021

What will payments look like in 2022 and beyond? In “The Way Payments Are Now Done,” Clayton Weir, CEO and co-founder, FISPAN, joins 32 other payment executives to discuss what payments’ “new normal” looks like. Weir explores how banks are looking to deploy innovations to...