April 15, 2024
Lack of Working Capital Hinders Mid-Market Performance in APAC
The Asia-Pacific (APAC) region contributed roughly two-thirds of global growth last year. PYMNTS Intelligence recently studied Growth Corporates, or mid-market firms, in the APAC region to determine how they leveraged...
April 11, 2024
Rappi Getting Ready for IPO ‘When It Makes Sense’
Delivery service Rappi is getting ready for a future initial public offering (IPO). The company, which is one of Latin America’s most valuable startups, does not have a timeline for an IPO...
April 10, 2024
Sovos Enhances Connector Marketplace Amid Tax Compliance Changes
Tax software firm Sovos has debuted an enhanced version of its Connector Marketplace. The launch, announced Wednesday (April 10), makes it easier for customers and partners to connect to Sovos’ Compliance Cloud. These connectors...
April 10, 2024
Ex-PayPal CEO Dan Schulman Joins Valor Capital
Former PayPal CEO Dan Schulman has been named managing partner at Valor Capital. The firm, which says it launched the first U.S. and Latin American cross-border venture fund in 2011, announced Schulman’s appointment in a Monday (April...
April 09, 2024
Legislation Seeks to Overturn CFPB Limits on Credit Card Late...
The fight over credit card late fees may go to Capitol Hill. Sen. Tim Scott of South Carolina unveiled a joint resolution Monday (April 8) that would prevent the Consumer Financial Protection Bureau (CFPB)...
April 09, 2024
dLocal and Papaya Global Partner on Global Payroll Solution
Cross-border payment platform dLocal is partnering with payroll and payments platform Papaya Global to drive global workforce payments. Through the partnership, the companies aim to enable global firms to pay...
April 09, 2024
EU Leaders Seek Reforms to Attract Private Capital
European Union (EU) leaders reportedly aim to harmonize the member nations’ bankruptcy and corporate tax laws. The leaders will call for this and other changes during a summit scheduled for April...
April 09, 2024
Binance Is Building ‘Robust Compliance Program,’ CEO Says
Binance’s new CEO said the cryptocurrency exchange is a more mature company now. Speaking with CNBC Tuesday (April 9), Richard Teng acknowledged concerns raised by the U.S. Department of Justice — which fined Binance $4.3 billion...
April 08, 2024
MIT Engineers Aim to Advance Household Robots With AI Integration
Thanks to advancements in artificial intelligence, household robots are getting smarter and could soon evolve far beyond their current roles as mostly self-guided vacuum cleaners. MIT engineers are working on...