Silicon Valley global eCommerce unicorn Wish has filed for a $1 billion initial public offering (IPO) on Nasdaq, according to a U.S. Securities and Exchange (SEC) filing on Friday (Nov. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In today’s top news, Citi partners with Mastercard to power its Google Pay Plex accounts, and PayPal upgraded Xoom’s money transfer services. Plus, the CFO of Walgreens doesn’t feel threatened by Amazon’s foray into the pharmacy industry. Get the Full Story Complete the form to...
Wearable device sales have shot up at least 30 percent this year as consumers looked to technology to help them monitor their health during the ongoing global pandemic, according to a top Samsung executive. Get the Full Story Complete the form to unlock this article...
German lawmakers are determined to call back Wirecard AG’s former CEO Markus Braun to give further testimony after he refused to answer their questions during a hearing in Berlin about the downfall of the once high-flying European FinTech company. Get the Full Story Complete the...
Don’t look now, but Black Friday – historically the busiest shopping day of the year – actually started three weeks ago at websites everywhere. At a time when the coronavirus has already changed so many aspects of our daily lives, a revision of this post-Thanksgiving...
The Competition Commission of India (CCI) approved a $3.4 billion deal between the country’s two retail giants — Reliance Retail and Future Group — despite protests by Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Today in B2B payments, Wells Fargo rolls out its virtual card services for B2B payments, while PayPal Ventures makes a B2B payments investment. Plus, Simfoni lands on Vroozi’s procure-to-pay platform, Kyrbia collaborates with an Italian bank on supply chain financing, and the EU’s digital chief...
The holidays are here. So, too, is a spike in COVID-19 cases. With a resurgence in public health concerns, it makes sense that commerce would increasingly skew digital, with the comfort of … well, touching as little as possible. Get the Full Story Complete the form...
Physical banking was already on the decline before the COVID-19 pandemic put much of the physical economy into the deep freeze for a year and left customers scrambling to digitize their day-to-day lives as much as possible and as fast as possible. Consumers were already shifting...