The Commonwealth Bank of Australia (CBA) has invested $200 million in the Swedish FinTech unicorn Klarna, the buy now, pay later service for shoppers, both companies announced on Thursday (Jan. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Adyen will help process payments for quick-service restaurant (QSR) chain Subway in the U.S. and Canada, the firms announced on Tuesday (Jan. 28), Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The New York City Council on Thursday (Jan. 23) passed a ban on cashless food and retail stores. The ban was reportedly spearheaded by Councilmember Ritchie Torres. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Clearing House (TCH) is upping the value limit for transactions from the current level of $25,000 to $100,000 starting Feb. 1, TCH announced on Thursday (Jan. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Indian telecom operator Reliance Jio, the largest in the country, is entering the Unified Payments Interface (UPI) space to compete alongside rivals, reports said on Monday (Jan. 20), including big names like Google Pay, PhonePe, Paytm and more. Get the Full Story Complete the form...
Millennials and Gen Yers are notoriously distrustful of credit. This helps explain why only about half of U.S. millennials have a credit card – which is to say a single credit card – and why one-third of all Americans today have never even applied for...
Metro authorities in India are planning to launch automatic fare collection (AFC) gates that will work with the country’s National Common Mobility Card (NCMC) that was introduced in March by the Ministry of Finance, according to reports on Thursday (Jan. 16). Get the Full Story...
Twitter could be working on a way to “tip” people on the social media platform, though the company has so far denied it. The information came from two sources claiming to be familiar with Twitter’s inner workings, according to reports. Get the Full Story Complete...
In an effort to rein in problem gambling, the U.K. Gambling Commission is banning the use of credit cards for placing bets, the BBC reported on Tuesday (Jan. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
