News

Security & Fraud
Biden To Confer With Top Tech CEOs About Cybersecurity Turmoils
August 24, 2021

U.S. President Joe Biden is expected to meet with the CEOs of Apple, Microsoft, Amazon and others on Wednesday (Aug. 25) to discuss cybersecurity concerns during a time when ransomware and other breaches are at an all-time high, Bloomberg and other media reported on Tuesday...

B2B Payments
Costly And Slow Cross-Border Payments Are Crushing SMBs And eCommerce Growth
August 24, 2021

Freshly armed with $10 million in Series A funding, Hong Kong-based Currenxie is on a mission to provide businesses with a hassle-free cross-border payments experience, no matter where they’re based or what currencies they do business in. Get the Full Story Complete the form to...

B2B Payments
Freightos API Embeds Logistics And Payments Into B2B Marketplaces
August 24, 2021

To hear Freightos CEO Ruthie Amaru tell it, her company has put a lot of time and effort into creating an entire payments ecosystem around freight workflows — but somebody had to do it. Get the Full Story Complete the form to unlock this article...

B2B Payments
A Good Payments Partnership Goes A Long Way In Easing The Adoption Of New B2B...
August 24, 2021

B2B payments are in the midst of a dramatic shift — and while the outcomes are yielding greater efficiency, security and productivity, the process of change can be a painful one. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Cybersecurity Czar Richard Clarke Tells PYMNTS ‘New Mindset’ Needed To Win Cyberwar
August 24, 2021

“When I was a kid, criminals robbed banks and had guns. Now they’re not even in the same country. They sit in Eastern Europe on a computer and they make large sums of money,” said Richard Clarke, former national coordinator for security and counterterrorism, during...

Bitcoin
Bitcoin Daily: El Salvador Prepares To Launch Bitcoin Wallet In September; After Visa’s NFT Buy,...
August 23, 2021

El Salvador President Nayib Bukele said the country’s government-supported cryptocurrency wallet will be live at the beginning of September, The Block reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
SEC Now Asking Chinese Firms For Variable Interest Entity Disclosures, Report Says
August 23, 2021

The U.S. Securities and Exchange Commission (SEC) has passed down new disclosure requirements for Chinese companies looking to list in New York, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
Didi Cuts Back On UK Launch Amid Regulatory Issues
August 23, 2021

Didi Global, a Chinese ride-hailing giant, has reined in its plans to launch in the United Kingdom and continental Europe, citing the pressures of an ongoing Chinese regulatory crackdown, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Today In Retail: Target To Add More Disney Shops To Stores; Francesca’s CEO Says Traditional...
August 23, 2021

In today’s top retail news, Target is expanding its partnership with Disney to add more than 160 new shop-in-shops across the U.S., and Francesca’s CEO Andrew Clarke tells PYMNTS “there is no playbook” for retailers post-pandemic. Also, Chinese eCommerce giant JD.com is seeing a jump...