News

eCommerce
Former Bain, Wayfair Exec Leads Drive To Acquire Powerhouse Amazon Sellers
November 05, 2020

It seems you can buy pretty much anything you want on Amazon these days. But when Perch CEO Chris Bell goes shopping on the world’s largest online retailer, he’s not looking for a deal on socks; he’s looking to acquire companies. Get the Full Story...

Regulation
Ant IPO Delay Shows FinTechs May Face (More) Regulatory Scrutiny
November 04, 2020

Ant Group has been stopped in its tracks, but the regulatory scrutiny the firm is facing may have ripple effects throughout the FinTech realm, and well beyond whether they will (or can) list on public exchanges. Get the Full Story Complete the form to unlock...

Security & Fraud
DOJ Seizes $24M In Crypto As Part Of Brazilian Internet Fraud Probe
November 04, 2020

The Department of Justice (DOJ) has seized $24 million in virtual currency on behalf of the Brazilian government, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Tradologie Launches Global B2B Platform In India
November 04, 2020

India’s Tradologie is looking to make the country a “self-reliant and self-sustaining powerhouse” through a B2B platform that facilitates uninterrupted trade for both local and foreign parties. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
LiveArea Debuts FastTrack Commerce For B2B eCommerce
November 04, 2020

Global customer experience and commerce agency LiveArea has launched FastTrack Commerce in the U.K. to provide technology and services for quick eCommerce integration, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
US Voters Approve Sports Betting, Casino Gaming Expansions In 6 States
November 04, 2020

One big winner of Tuesday’s elections was the U.S. gambling industry, with three states authorizing legal sports betting and three others either approving or expanding casino gaming, the Associated Press (AP) reported. Get the Full Story Complete the form to unlock this article and enjoy...

Digital Banking
Today In Digital-First Banking: Alfa-Bank Joins Contour Trade Network; JPMorgan Names New Liquidity Solutions And...
November 04, 2020

In today’s top news in digital-first banking, Alfa-Bank has become a part of Contour’s international trade finance network, while J.P. Morgan has named a leader of liquidity solutions and escrow. Plus, Visa is collaborating with UAE-based NOW Money to bring digital banking services to low-income...

IPO
China’s Suspension Of $37B Ant IPO Likely Came From Gov’t’s Top
November 04, 2020

China’s move to suspend Ant Group’s anticipated blockbuster initial public offering (IPO) likely came from the top echelon of the Chinese government, according to a report in the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Chinese Firms Face Longer Delays In Collecting Receivables
November 04, 2020

As customers delayed payments in the wake of economic deceleration, firms in China are waiting two times as long for payments than they did in 2015. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...