Singapore-based DollarSmart Global (DSG) is pinning its hopes on an upcoming $20 million cash injection to help strengthen its operations and expand in its core ASEAN countries, after which it will turn its attention to African markets, particularly South Africa and Nigeria. Get the Full...
In a statement released on Friday (Aug. 27), Singapore-based FinTech company Thunes said it has partnered with leading Pakistani retail bank Bank Alfalah to enable real-time cross-border payments to consumers in Pakistan. Get the Full Story Complete the form to unlock this article and enjoy...
Leading global payment services provider UnionPay International (UPI) announced in a press release on Friday (Aug. 27) that it is lending support to international students studying in Australia as part of a back-to-school program the company has launched. Get the Full Story Complete the form...
New York City’s decision to permanently cap the commission rates food delivery services can charge at 23 percent could take a bite out of companies like Grubhub, DoorDash and Uber, and possibly cost them hundreds of millions of dollars. Get the Full Story Complete...
The accounting platform Snyder has raised $2 million in a seed round aimed at attracting new clients and promoting the company’s visibility. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Non-fungible tokens (NFTs) were splashed all over the headlines again this week, as Visa emerged as the unlikely buyer of the awkwardly titled pixel art image “CryptoPunk 7610,” when it paid $150,000 to get its hands on its first piece of digital art. Get the...
With the announcement of Pizza Hut’s new CEO, it looks like the brand may have ambitions to get into consumer-packaged goods (CPG). The restaurant’s parent company Yum Brands announced Thursday (Aug 26) that Aaron Powell, former president of Kimberly-Clark’s Asia-Pacific CPG business who started his...
British banks will limit contactless payments across the region to 100 pounds ($137) starting Oct. 15, banking industry body UK Finance said on Friday (Aug. 27), according to a Reuters report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
India is joining the global race to develop a framework for a central bank digital currency (CBDC) and could launch trials in December for a digital rupee, CNBC reported on Friday (Aug. 27). Get the Full Story Complete the form to unlock this article and...