News

Bitcoin
Bitcoin Daily: India Restates Digital Currency Trading Worries; Unchained Capital Unveils $25 Million Series A;...
June 04, 2021

India’s central bank restated its hesitation when it comes to digital currency on the heels of informing financial institutions that they should set aside a 2018 ban on trading, Bloomberg reported on Friday (June 4). The Reserve Bank of India (RBI) recently told lenders not...

International
Today In Payments Around The World: Flink Lands $240 Million; Shanghai Looks To Give Away...
June 04, 2021

In today’s top payments news around the world, Flink has notched $240 million from a Series A funding round, while Shanghai will reportedly conduct a raffle to give residents the chance to win crypto. Plus, the European Union is introducing plans for a digital identification...

Regulation
From Taxes To Trading, Federal Scrutiny of Crypto Regulation Is On The Rise
June 04, 2021

In the end, the ultimate fate of cryptos – where they trade, how they’re used, maybe even who can use them – may be left up to a hodgepodge of acronyms, a jumble of letters, an alphabet soup. Get the Full Story Complete the form...

Retail
Today In Retail: Five Below Grows Brick-And-Mortar Presence; Zumiez Experiences Stimulus-Fueled Sales Surge
June 04, 2021

In today’s top retail news, Five Below and Zumiez each separately announced soaring net sales. Plus, lululemon athletica inc. said it is seeking to grow its inventory. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

IPO
Cybersecurity Startup SentinelOne Files For IPO
June 04, 2021

SentinelOne, Inc. plans to go public on the New York Stock Exchange under the “S” ticker symbol, according to an S-1 filing from the company with the U.S. Securities and Exchange Commission (SEC) on Thursday (June 3). Get the Full Story Complete the form to...

Bitcoin
Jack Dorsey: Square Could Build Hardware Bitcoin Wallet
June 04, 2021

Square is considering building a hardware bitcoin wallet that would give users more control over their cryptocurrency, the company’s CEO said on Friday (June 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
FBI’s Christopher Wray: Ransomware Threats Akin To 9/11 Attacks
June 04, 2021

The Federal Bureau of Investigation (FBI) is investigating roughly 100 varieties of ransomware, The Wall Street Journal reported on Friday (June 4). These challenges, many of which originated in Russia, are similar to the 9/11 attacks, agency Director Christopher Wray told WSJ. Get the Full Story Complete the...

News
Today In Payments: Marqeta Prices Shares At $20 To $24 For IPO; Citi, AT&T Renew...
June 04, 2021

In today’s top news, Marqeta has priced its shares at $20 to $24 for its initial public offering (IPO), and Citi and AT&T have renewed their credit card partnership in a multi-year extension. Plus, J.P. Morgan reported that customer credit card spending is up 17...

International
Google, Alibaba, Ant Group Seek Payment Licenses In Singapore
June 04, 2021

Is Singapore poised to become Asia’s Silicon Valley? It might, if Sopnendu Mohanty, the Monetary Authority of Singapore’s (MAS) chief FinTech officer, has anything to say about it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...