Another day, another entrant to the public markets by a challenger bank, made possible by a special-purpose acquisition company (SPAC) merger. On Monday (June 7), challenger bank startup Dave’s public debut was made possible via a partnership with VPC Impact Acquisition Holdings III (VPCC), sponsored...
The State Bank of India has made an investment in Cashfree, the digital payments and banking tech company said Monday (June 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Bank of England wants stablecoins to be governed by the same regulations as other payments handled by banks if and when they become widely used. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
China has blocked cryptocurrency and decentralized finance (DeFi) accounts and influencers from Sina Weibo, which is the Chinese equivalent of Twitter, The Guardian reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The payments platform Nium announced on Monday (June 7) that it would acquire the travel payments optimization platform Ixaris as part of a global expansion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The rapid rush to digitization pushed by the pandemic period over the last 15 months has sparked something of a renaissance among peer-to-peer (P2P) payments players, not only expanding their offering to consumers but also by looking to take on larger chunks of the markets...
Challenger bank startup Dave is partnering with special-purpose acquisition company (SPAC) VPC Impact Acquisition Holdings III (VPCC), sponsored by Victory Park Capital (VPC), with an expected equity value of about $4 billion. Get the Full Story Complete the form to unlock this article and enjoy...
Amazon is taking a new tack in its crusade to raise the federal minimum wage, by noting the rising economic clout that the increased paychecks of its 1 million-plus employees is having on local small and medium-sized businesses (SMB) and in turn the broader economic...
Even as it expands its online presence, Walmart has struck a deal with GNC, the health and wellness company, to sell its products in the retail giant’s store. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
