News

eCommerce
Mexico’s Antitrust Regulator Says eCommerce Market Needs ‘Corrective Measures’
February 13, 2024

Mexico’s antitrust regulator Cofece has reportedly recommended that the government order Amazon and Mercado Libre to take “corrective measures” to ensure competition in the eCommerce market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Online Romance Scams Grow More Sophisticated With Deepfakes, Advanced Tech
February 13, 2024

In this era of connectivity, where virtual encounters often precede physical ones, online relationships have become a breeding ground for exploitation, with fraudsters capitalizing on the vulnerabilities of hopeful hearts for financial gain.  Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Swedish Lenders Shore Up Defenses Against Fraud
February 13, 2024

Amid growing fraud attacks by organized crime rings, Swedish lenders are moving to adjust product offerings and increase surveillance. 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...

Security & Fraud
TruShield Insurance and Visa Team on Cybersecurity for Small Businesses
February 13, 2024

Small business insurance provider TruShield Insurance is collaborating with Visa to give eligible businesses protection against cybersecurity threats.   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...

Investments
Funding for African HealthTech Startups Dips 2% in 2023
February 13, 2024

African HealthTech startups raised $167 million in 2023. 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 this form, you...

Retail
Hasbro’s Digital Push Not Enough to Offset Consumer Belt-Tightening on Nonessentials
February 13, 2024

Hasbro may be seeing digital growth via its gaming business, but as consumers buy fewer nice-to-have products, the toys and games company continues to struggle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
ConnexPay Adds Variable-Rate Virtual Card to B2B Payment Capabilities
February 13, 2024

ConnexPay has launched a variable-rate virtual card designed to facilitate strategic supplier spend at pre-negotiated rates. 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...

International
GoTo Denies Report of Merger Talks With Grab Holdings
February 13, 2024

GoTo has denied that it is in merger talks with Grab Holdings. 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 this...

Investments
Finom Raises $54 Million to Expand Digital Business Banking Solution
February 13, 2024

Finom has raised 50 million euros ($53.6 million) in Series B financing to expand its digital business banking solution in the European Union (EU). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...