News

Payment Methods
GCC Exchange, Paykii Team on Utility Payments
October 03, 2021

Money transfer, foreign exchange (FX) and payment solutions company GCC Exchange, based in the United Arab Emirates, has entered into a partnership with Paykii to provide utility payment services domestically and across borders, according to a press release. Get the Full Story Complete the form...

B2B Payments
Emlen Raises $4.2M Toward Netflix-Style B2B Operation
October 03, 2021

Emlen, a Saarbrücken- and Berlin-based Software-as-a-Service (SaaS) startup, has closed a funding round for 3.6 million euros (about $4.2 million) and will use the capital create a “Netflix-like” B2B buyer experience, EU-Startups.com reported. Get the Full Story Complete the form to unlock this article and...

Bitcoin
Bitcoin Daily: MiamiCoin Brings in $8M in Past Two Months; Iran Gets Rid of Bitcoin...
October 03, 2021

MiamiCoin has generated almost $8 million in the past two months, Decrypt 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 our daily newsletter, PYMNTS Today....

Retail
Semiconductor Chip Shortage Limits Auto Sales in Q3
October 03, 2021

New vehicle sales dropped in the third quarter due to ongoing supply chain issues and a shortage of semiconductor chips, CNN Business reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Blockchain / Distributed Ledger
Rapper Lil Nas X Launches First TikTok NFT
October 03, 2021

TikTok is partnering with its top creators and jumping into the nonfungible tokens (NFT) pool, with rapper Lil Nas X launching the social media site’s first series of limited-edition tokens this month, according to an announcement. Get the Full Story Complete the form to unlock...

Security & Fraud
Barclays Hit in Phishing Scam Using Monzo Account, PISP
October 03, 2021

Millions of pounds were swiped from Barclays accounts in a phishing scam by a fraudster using a Monzo account and a payments initiation service provider (PISP), The Telegraph reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Walmart Launches Free Assembly Kids Clothing Line
October 03, 2021

Walmart on Friday (Oct. 1) announced that it’s launching the Free Assembly Kids collection, a little more than a year after rolling out the affordable apparel line for men and women that includes Scoop, Sofia Jeans by Sofia Vergara and ELOQUII Elements. Get the Full...

Security & Fraud
Two Californians Busted for Fake COVID-19 Test Results
October 02, 2021

A 34-year-old man and a 33-year-old woman, both from California, were arrested in Hawaii for submitting fraudulent COVID-19 test results in an effort to skirt a traveler quarantine requirement that’s aimed at keeping the spread of the coronavirus at bay across the islands, the Associated...

B2B Payments
Cygnet InfoTech Brings Digital Invoices To Saudi Arabia
October 01, 2021

Global technology company Cygnet InfoTech is growing its footing in the Middle East with the rollout of a digital invoicing platform in Saudi Arabia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...