It’s now official. The Fed plans to build its own instant clearing and settlement rails. 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 daily newsletter, PYMNTS Today. By completing...
The Information Commissioner’s Office (ICO) in the U.K. said it sent out a statement to Facebook and 28 other outfits asking for more information about the Libra project, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...
The Indian arm of German retailer Metro Cash and Carry has announced the launch of an app for kirana stores, allowing retailers to order stock, keep a check on inventory, and facilitate payments directly from their smartphones. Get the Full Story Complete the form to...
Event startup Fever announced it has raised $35 million in a funding round led by Rakuten Capital. 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 Federal Reserve has officially announced it will create a real-time payments service, to be called FedNow. The move was described by Kansas Federal Reserve President Esther George as the biggest infrastructure upgrade embraced by the Federal Reserve since the ACH system went online in 1972. Get the Full...
In an attempt to compete with rivals like the Amazon-backed Deliveroo and Uber delivery offshoot Uber Eats, Amsterdam’s Takeaway.com and U.K. company Just Eat have merged to create a new company, one which will be the world’s largest outside of China, according to a report by Reuters....
A payments service provider based in the U.K., moneycorp, has acquired an Australian independent treasury advisory company called the Rochford Group for an undisclosed sum, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Airbnb has acquired corporate client-facing extended stay company Urbandoor, in a bid to expand into that market, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Ride-hailing firm Be Group in Vietnam is launching two delivery services to compete with Grab and Go-Viet, Deal Street Asia reported on Monday (Aug. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
