News

Cross-border Payments
AstroPay Debuts Multicurrency Wallet for Cross-Border Payments
December 17, 2024

Cross-border finance FinTech AstroPay has introduced its multicurrency wallet. 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,...

Retail
Toshiba Debuts Commerce Marketplace as Retailers Readjust
December 17, 2024

Toshiba Global Commerce Solutions has debuted a marketplace solution for retailers. 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...

Regulation
SEC and Express Settle Charges Related to Disclosure Obligations
December 17, 2024

The Securities and Exchange Commission (SEC) settled charges with Express, Inc., in which it alleged that the fashion retailer failed to disclose executive compensation paid to its now-former CEO in fiscal years 2019, 2020 and 2021. Get the Full Story Complete the form to unlock...

Regulation
NY Seeks Fairer Lending From Nonbank Mortgage Companies
December 17, 2024

New York’s financial watchdog has proposed new measures governing nonbank mortgage lenders. 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...

Investments
Data and AI Company Databricks to Raise $10 Billion in Funding Round
December 17, 2024

Databricks has announced a Series J funding round in which it is raising $10 billion of expected non-dilutive financing and has completed $8.6 billion so far. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Blockchain and AI: The Dynamic Duo Shaking Up Treasury Teams
December 17, 2024

For decades, finance functions and treasury teams stared down tedious, manual and repetitive workflows. 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...

Regulation
FTC Finalizes ‘Bait and Switch’ Rule for Event Ticketing and Lodging Sectors
December 17, 2024

The FTC has unveiled a rule blocking “bait-and-switch” pricing for hotels and concert tickets. 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...

B2B Payments
Morgan Stanley Taps Wise Platform to Accelerate Cross-Border Settlements
December 17, 2024

Morgan Stanley will offer its clients high-speed cross-border settlements through Wise Platform. 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...

Investments
Nubank Helps Digital Lender Tyme Reach $1.5 Billion Valuation
December 17, 2024

South Africa-based digital bank Tyme has achieved unicorn status with the help of fellow FinTech Nubank. 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....