Enforcement against technology companies that engage in anti-competitive practices will remain an enforcement focus of the People’s Bank of China (PBoC), central bank governor Yi Gang said at the Regulating Big Tech conference hosted by the Bank for International Settlements (BIS). Get the Full Story...
The digital asset marketplace Bakkt is working with Google on a project that will extend access to digital assets to millions of new customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
MarketForce, a Kenyan company providing B2B distribution for retail clients, is expanding in the wake of a recent funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
B2B payments have been a long-term laggard compared to their consumer counterparts, as many old-school paper checks and disconnected legacy software systems contribute to payment delays that can take weeks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Finclusion Group, which works with online monetary and credit score providers using artificial intelligence (AI)-driven methods across Africa, recently raised $20 million for enterprise development across the continent, according to a Euro Journal report Friday (Oct. 8). Get the Full Story Complete the form to...
Aiming to meet so many of consumers’ routine needs, the convenience store model is something of a double-edged sword. On the one hand, this mission provides a whole host of sales opportunities every day. On the other, the more goods and services the store provides,...
Colombian FinTech Movii raised $15 million in a Series B funding round led by Square and Greg Kidd’s investment fund Hard Yaka, according to reports on Friday (Oct. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Special purpose acquisition companies (SPACs) continued to dominate the listings landscape in the past week, with particular focus firms on FinTechs and real estate combinations. Platform firms, too, continue to grab their share of headlines. Get the Full Story Complete the form to unlock this article...
Chinese consumers spent about 1.64 billion yuan ($252.3 million) on luxury goods at nine duty-free shops in southern island province Hainan in the first six days of the week-long National Day holiday that ended on Thursday (Oct. 7), according to a CNBC report. Get the...
