Payments technology startup ConnexPay announced $7 million in Series A funding Thursday (June 27), as well as an expanded collaboration with Visa to reduce friction in accepting virtual cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
GrubHub is reportedly buying up restaurant web domain names. According to NewFoodEconomy.org, “GrubHub has registered more than 23,000 web domains. Its subsidiary, Seamless, has registered thousands.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The United States has removed certain restrictions on Huawei Technologies Co. 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 Bank for International Settlements (BIS) has announced the launch of a BIS Innovation Hub to enable central banks around the world to collaborate on financial technology solutions and innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The megamergers of 2019 have been reshaping the payments industry. For merchant services, especially, the chessboard looks much different. Daniela Mielke, CEO of RS2 North America, weighs in on why, for incumbent players tied to legacy systems and processes, scale is not enough — not when tech...
Opendoor, the startup that operates an online platform for buying and selling homes, “is reshuffling staff and scaling back on a time-honored startup perk: free lunch,” according to a report from Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...
To continue fueling its transformation and focus on priorities of a regulatory nature, Wells Fargo has reportedly formed a new office. The Strategic Execution and Operations office, which is led by Derek Flowers, is said to be made of multiple teams, Seeking Alpha reported. Get...
The Trump administration claims that its plan to roll back some federal rules will lead to an increase in Americans’ household incomes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
June was a busy month for cross-border payments — done across currencies and time zones, between consumers and corporates. Going by a simple perusal of headlines, cross-border was, has been and will be in the cross hairs of many a payments player, across many a...
