News

Bitcoin
Bitcoin Daily: Ghana To Pilot Digital Currency; 1stDibs Rolls Out NFT Platform; Decentral Games Adds...
August 11, 2021

Ghana is rolling out a general purpose digital currency, partnering with German banknote printer Giesecke+Devrient to do it, Reuters 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....

Retail
Today In Retail: Poshmark, thredUP Amp Up Arms Race; Rent-to-Own Fills Gap Left By BNPL
August 11, 2021

In today’s top retail news, Poshmark and thredUP are aggressively investing in expanding their respective platforms, while rent-to-own firms make their way in an increasingly buy now, pay later (BNPL) world. Also, Canada Goose’s eCommerce sales continue their flight, and the newly expanded child tax...

Global Payments
RippleNet Expands Operations In S. Korea-Thailand Remittance Corridor
August 11, 2021

RippleNet, Ripple’s global financial network, announced on Wednesday (Aug. 11) a third addition to its list of financial institutions (FIs) and money transfer companies in South Korea — Global Money Express (GME Remittance) — after partnerships with CROSS ENF and Sentbe. Get the Full Story...

Retail
Today In Food Tech: Ahold Delhaize, Deliveroo Aim To Meet Global eGrocery Demand
August 11, 2021

Today in restaurant and grocery tech news, Ahold Delhaize and Deliveroo grew their online grocery sales in Q2. Plus, PYMNTS data reveal why restaurants need to offer a diversified mix of ordering options. Get the Full Story Complete the form to unlock this article and...

Ridesharing
Uber Teams With Taxi Drivers To Swerve By Colombia’s Competition Rules
August 11, 2021

Ride-hailing behemoth Uber is getting around the rules and regulations in Columbia by utilizing its platform to give local taxi drivers an insider take on local rides, Reuters reported on Wednesday (Aug. 11). Get the Full Story Complete the form to unlock this article and...

Partnerships / Acquisitions
BNPL Firm Zilch Buys Commercial Lender NepFin, Readies US Growth
August 11, 2021

Zilch, a London-based FinTech buy now, pay later (BNPL) startup, on Wednesday (Aug. 11) announced the purchase of commercial lender NepFin. 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
B2B Payments Today: Earlytrade Eyes Supplier Financing’s Evolution; FreshBooks Reaches Unicorn Status
August 11, 2021

Today in B2B payments, Earlytrade discusses supplier financing’s evolution, and FreshBooks reaches unicorn status. Plus, Knowde discusses B2B eCommerce in the chemicals industry, Kofax strikes an acquisition, and Airbase integrates with QuickBooks. Get the Full Story Complete the form to unlock this article and enjoy...

International
China Cracks Down On Online Insurance Companies
August 11, 2021

China has turned its focus to the country’s insurance technology platforms as the nation’s banking and insurance watchdog continues its regulatory crackdown on businesses in a variety of vertical markets, to the dismay of investors around the world.   Get the Full Story Complete the...

Security & Fraud
Bottomline Debuts Watchlist Screening To Limit False Positives
August 11, 2021

Bottomline, a provider of automated and digitized services for its 1,200 bank and financial institution (FI) customers, on Wednesday (Aug. 11) announced the launch of its Watchlist Screening. Powered by an application programming interface (API), the real-time solution will be delivered via the company’s Software-as-a-Service...