News

Investments
Wearables Startup Whoop Notches $200M At $3.6B Valuation
August 30, 2021

Fitness wearables firm Whoop notched $200 million in a Series F funding round led by SoftBank’s second Vision Fund, bringing the Boston startup’s valuation to $3.6 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
Australia Mulls Regulations For Apple Pay, Google Pay, Other Big Tech Players
August 30, 2021

The Australian government is looking into the best way to overhaul its current infrastructure for financial regulation to enable stronger oversight of digital wallets and payments from Big Tech companies like Apple, Google, WeChat and others. Get the Full Story Complete the form to unlock...

B2B Payments
B2B Marketplace wherEX Sees Buy Now Pay Later As Boost To Building Buyer Trust, Sales
August 30, 2021

When a company is shopping for materials, there’s no catalog of B2B merchants like there is for consumer goods — a company’s needs are too specific and often too large for consumer-type platforms to be successful. Get the Full Story Complete the form to unlock...

Security & Fraud
To Stay Ahead of Surging ‘BIN-Fishers’, FIs and Merchants Need to Upgrade Authentication
August 30, 2021

The fraudsters go, always, to the path of least resistance. 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...

Faster Payments
FedNow Follows TCH to Enable Instant Bill Pay
August 30, 2021

The Federal Reserve is rolling out new details for the FedNow instant payments service scheduled to launch in 2023, touting it as a tool that businesses owners and individual consumers will want to use — and participating financial institutions will want to offer. Get the...

Partnerships / Acquisitions
Dublin’s Ion Raises Offer for Credit Info Provider Cerved
August 29, 2021

European FinTech group Ion has continued pursuing Italy-based credit and data provider Cerved, now offering €2.54 billion. 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...

International
WeChat, Chinese Social Media to Pare Content That ‘Bad Mouths’ Chinese Economy
August 29, 2021

The Chinese government is cracking down on financial journalists and commentators who aren’t officially registered with the government, the Global Times, an English-language newspaper controlled by the country’s Communist Party, reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Klara Debuts Modmed Pay Interface for Patient Payments
August 29, 2021

Klara, a producer of platforms to let medical practitioners interact with patients via the internet, and payments systems provider Modernizing Medicine, have inked a deal to pair some of their offerings, the companies announced in a press release. Get the Full Story Complete the form...

B2B Payments
Morocco’s eCommerce Startup Chari.ma Acquires Mobile Credit Book App
August 29, 2021

Chari.ma, a Moroccan company that supplies some of what the company stated are 200,000 convenience stores in the country, has completed an acquisition and raised capital, according to published reports and news releases. Get the Full Story Complete the form to unlock this article and...