The White House is seeking “innovative options” to restart remittances to Cuba, it said when sending back some recommendations that had been made by the Treasury Department and State Department, Reuters reported Friday (Nov. 5). Get the Full Story Complete the form to unlock this...
Today in payments around the world, Polish eCommerce firm Allegro will acquire Czech retailer Mall Group for $1 billion, and a European Central Bank board member explains his optimism about the digital euro. Plus, Colombian delivery app Rappi is set to go public next year,...
The global cross-border payments platform Thunes has gotten permission to conduct merchant acquisition services in France, with plans to expand these capabilities throughout Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Today in payments around the world, Hong Kong’s Faster Payment System (FPS) averages $667.9M in daily transaction volume, and buy now, pay later (BNPL) firm Klarna launches an all-in-one shopping app. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In today’s top Europe, the Middle East and Africa (EMEA) news, Israel’s Fiverr pays $95 million for Stoke, and Swiss firm Aktiia raises $17.5 million in a Series A round. Plus, Swedish buy now, pay later (BNPL) giant Klarna acquires U.K.-based price comparison service PriceRunner,...
Fortress Night, the Chinese adaptation of Epic Games’ Fortnite, will close later in November, without any reason given so far by the company, BBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The use of cryptocurrency as legal currency has been in force in El Salvador since Sept. 7, and in that period, user complaints continue to pile up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Cross-border payment hub Tranglo is bringing its services to Mongolia, with an eye on improving payments there, crowdfundraiser.com reported. 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...
Germans will have to dig a little deeper to overcome supply shortages and increased energy prices that are leading to higher production costs on myriad products, from their favorite beers to new cars, according to a Reuters report on Thursday (Oct. 28). Get the Full...
