News

Regulation
DeFi Apps Warn Against Increased Oversight In Global Virtual Event
June 27, 2021

Regulators, who almost by definition are centralized, are beginning to wrestle with the rise in decentralized finance, Financial Times reports. 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
Circle Debuts Crypto Yield And Treasury Program In Bermuda
June 27, 2021

Circle’s new Circle Yield program, now approved in Bermuda, will allow corporate treasurers and institutional investors to leverage new opportunities for cryptocurrency yield, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Mobile Payments
Venmo Raises P2P Fees, To Charge Goods, Services Providers
June 27, 2021

New Venmo rules will make it so users who get payments identified as goods and services will be charged a 1.9 percent transaction fee plus 10 cents, according to an email from the company. That change goes into effect July 20. Get the Full Story...

Retail
Will Free Popcorn Bring People Back To The Movies?
June 26, 2021

Some things just go together. A wink and a smile, peanut butter and chocolate – and, of course, movie theaters and popcorn. Hot, buttery, laden with an absurd number of calories per serving, and nearly impossible to replicate in one’s kitchen at home, the popcorn available...

B2B Payments
Today In B2B Payments: Easing AR’s Crypto Anxieties; Paystand Digitizes The Lockbox
June 25, 2021

Today in B2B payments, Request Network discusses cryptocurrency in accounts receivable, and Paystand launches a digital lockbox for B2B check payments. Plus, Zeller discusses Aussie SMBs’ banking needs, AmTrav collaborates on corporate travel spend management and Dama launches a payroll solution for cannabis firms. Get...

News
Today In Payments: Fifth Third Bank Launches Early Pay; Raisin, Deposit Solutions To Merge
June 25, 2021

In today’s top news, Fifth Third Bank has launched an early wage access tool, and two large German FinTechs have agreed to merge. Plus, Outdoorsy has raised $120 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
Robinhood Public Offering Slowed By SEC Review Of Crypto Business
June 25, 2021

Investing platform Robinhood had its sights set on filing for an initial public offering (IPO) this month but the public offering is being stalled as the U.S. Securities and Exchange Commission (SEC) probes the startup about its cryptocurrency unit, Fortune reported, citing anonymous sources from...

IPO
Mister Car Wash Goes Public With $15-Per-Share IPO
June 25, 2021

Mister Car Wash announced the pricing of its initial public offering (IPO) on Friday (June 25), with the nationwide chain of car washes offering 37.5 million shares of common stock at $15 per share. Get the Full Story Complete the form to unlock this article...

Partnerships / Acquisitions
Encrypted Communication Firm Wickr Joins AWS Team
June 25, 2021

Amazon Web Services (AWS) has purchased encrypted communication technology company Wickr, according to a Friday (June 25) announcement from AWS Vice President and Chief Information Security Officer Stephen Schmidt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...