PayPal Founders Peter Thiel and Max Levchin have participated in a funding round for Brex, a startup that designed a commercial card for startups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Peer-to-peer car-sharing services might soon face the same regulation as traditional car rental companies. 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...
Danny Meyer is defending his restaurant group’s decision to test out cashless transactions, saying they are not looking to exclude prospective guests. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Flea market app Mercari saw its shares rise 77 percent in its Tokyo stock market debut on Tuesday (June 19) as the rare Japanese unicorn looks towards expansion in the U.S. According to Reuters, shares rose as high as 6,000 yen in early afternoon trade,...
Bithumb, the South Korean cryptocurrency exchange, was the subject of a hack — $31.5 million worth of digital tokens were stolen in what is the second attack on a local exchange in the country this month. Get the Full Story Complete the form to unlock...
Standard Chartered Bank has announced a partnership with MTN Uganda to launch its mobile wallet service in the country. 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...
IdentityMind Global, the AML transaction monitoring company, announced on Wednesday (June 20) the launch of IdentityMind 2.0, which the firm is calling a new generation of AML transaction monitoring. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Same-day settlement can be a cash flow life saver for small to mid-sized merchants. Money moved instantly, via push payments, can bring several verticals beyond the confines of waiting for checks and credit card transactions to clear, which in turn frees up business owners to...
It’s a deal that hits some of the most important payment-related hotspots: Online marketplaces. Localized currencies. Global payout services. The gig economy. Expanded eCommerce ecosystems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
