Payment choice is a good thing that came out of the pandemic, but it’s gotten so complicated that eCommerce players need to optimize now so that complexity doesn’t lead shoppers to abandon their carts en masse. In a conversation with PYMNTS, PayU Chief Technology Officer Ronen Morecki discussed...
There are reportedly “major concerns” among European regulatory officials about the ability to hire specialized staff to help regulate crypto. Authorities worry about how they will be able to supervise digital asset markets. José Manuel Campa, chair of the European Banking Authority, said that organization...
Unilever has seen eCommerce become a driving force in the second quarter, with that now being 14% of turnover — a rise from 6% from 2019, according to half year results released by Unilever on June 26. This came with growth in both the U.S....
Bangladesh-based FinTech Think Big Solutions now offers a digital factoring platform to provide financing solutions for smaller businesses, a news report said Sunday (July 31). TREDX aims to unite small businesses, financial institutions (FIs), corporations and suppliers to create an online marketplace, TREDXonline, for digital...
India-based Yes Bank said it plans to sell up to a 10% stake to U.S. private equity firms Carlyle Group and Advent International for a $1.1 billion price tag, Reuters reported Friday (July 29). The company is exiting a reconstruction plan after two years, and...
The U.K. is home to popular digital-first challenger banks valued at over $1 billion such as Monzo, Revolut and Starling. Zopa, another British FinTech which has been around as a peer-to-peer lending service since 2005, gained prominence after raising $300 million at a $1 billion...
Auto finance companies were sent a joint letter from the U.S. Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) alerting them about the additional protections offered to military families under the Servicemembers Civil Relief Act (SCRA). While non-military borrowers have the same...
China’s Alibaba is getting closer to being removed from American stock exchanges in response to Beijing’s refusal to let U.S. inspectors examine the company’s audits. As Bloomberg reported Friday (July 29), the Securities and Exchange Commission (SEC) has added the tech giant — the largest...
Today in B2B payments, SellersFunding’s B2B BNPL platform boosts SaaS, agency and enterprise vendor partners, while Stord debuts a supply chain commerce platform. Plus, the medical supply industry is entangled by mismatched payments preferences. Mismatched Payments Preferences Create Medical Supply Mess The healthcare industry is...
