In California, a bill that would require third-party delivery services such as DoorDash and Uber Eats to show consumers an itemized breakdown of costs and fees, is heading to the desk of Governor Gavin Newsom for approval. The bill was approved by the California State...
Robinhood Markets says it is considering legal action against the Securities and Exchange Commission after the agency said it could ban payment for order flow, one of its chief revenue sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Paris-based FinTech startup Mooncard has generated 20 million euros ($23.7 million) in new Series B funding, according to a Friday (Sept. 3) press release. The funding round was led by BlackFin Capital Partners, Partech, Aglaé Ventures and RAISE Ventures. Get the Full Story Complete the form...
Global cybersecurity firm Kaspersky detected 1.5 billion attacks against Internet of Things (IoT) devices in the first half of this year, using “honeypots,” software that impersonates a vulnerable device, the company’s research department said in an email to PYMNTS on Friday (Sept. 3). Get the...
The business models that have promised to be disruptors are, in some cases, themselves being disrupted. 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...
On the heels of a crackdown on ride-hailing companies in China, Beijing’s local government has suggested investing in Didi Global Inc. to wrestle control away from the company, according to a Friday (Sept. 3) Bloomberg report. Get the Full Story Complete the form to unlock...
Today in payments around the world: Singapore considers easing SPAC listing guidelines. Plus, U.S. remittances to Mexico reach a record-high $4.54 billion and Airwallex gets a Malaysian money services business license. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Online platforms – connecting buyers and sellers, and payments flows, across a variety of use cases and verticals – dominated planned announcements and debuts on public exchanges this past week. That brought the payments-related announcements to 28 and the shopping segment to 15, year to...
The ultra-fast grocery delivery space is heating up. In France, startup Cajoo, which delivers grocery orders by bicycle within 15 minutes, is raising funds to build out its presence in the country. The company just raised $40 million in its Series A round, reported TechCrunch,...
