Fresh on the heels of a $200 million round of fundraising, Tel Aviv’s Red Dot Capital is accelerating opportunity half a world away in Southeast Asia, as Israeli companies weigh their traditional U.S.-first global strategies. Get the Full Story Complete the form to unlock this article and enjoy...
There are about 328 million people in the U.S., so it might come as a surprise that these same people belong to 3.8 billion loyalty programs, an average of 14.8 per person. And it probably won’t come as a surprise that they only actively use...
Modulr, a Payments-as-a-Service application programming interface (API) platform, has received an investment of 9 million pounds ($11.9 million) from PayPal Ventures in order to boost its services and develop new products, according to a press release. Get the Full Story Complete the form to unlock...
Wells Fargo is beefing up its digital payments arsenal with a new service aimed at business customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
The pandemic has had an impact on digital wallet usage – in other words, up and to the right. Blackhawk Network noted that mobile wallet adoption in the U.S. stood at 38 percent usage among consumers before the pandemic, and as late as this fall...
Italian bank Intesa Sanpaolo will work with supply chain finance FinTech Kyriba in order to debut a new dynamic discount service, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Bank of England Chief Economist Andy Haldane advocated for the potential benefits digital currencies can offer in a recent speech given at TheCityUK 10th Anniversary Conference on Wednesday (Nov. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Former Wirecard CEO Markus Braun doesn’t blame regulators or German politicians for the events that led to Wirecard’s demise in a global scandal earlier this year, the Financial Times reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Global payment processor Payroc announced Wednesday (Nov. 18) in a company press release emailed to PYMNTS that it has acquired Bluestone Payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...