News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

Couple Plead Guilty to Money Laundering After Bitfinex Hack

Couple Plead Guilty to Money Laundering After Bitfinex Hack
Couple Plead Guilty to Money Laundering After Bitfinex Hack
August 03, 2023  |  Cryptocurrency

A married couple from New York City have pleaded guilty to money laundering and conspiracy charges stemming from the hack and theft of 120,000 bitcoin...

READ MORE >
Cuba Implements Regulations to Combat Inflation and Off-the-Books Economy
Cuba Implements Regulations to Combat Inflation and Off-the-Books Economy
August 03, 2023  |  Regulation

The Cuban Central Bank has issued new regulations designed to address runaway inflation and the large off-the-books economy that has developed in the midst of...

READ MORE >
PHX Ventures to Invest in Arizona’s High-Growth B2B Software Companies
PHX Ventures to Invest in Arizona’s High-Growth B2B Software Companies
August 03, 2023  |  Commercial Payments

PHX Ventures has announced an over-subscription of its second fund at $25.4 million to invest in Arizona’s high-growth B2B software companies. Get the Full Story Complete...

READ MORE >
Fiverr’s Q2: ‘High-Value Buyers’ and Business Solutions Boost Marketplace Margins
Fiverr’s Q2: ‘High-Value Buyers’ and Business Solutions Boost Marketplace Margins
August 03, 2023  |  Earnings

Fiverr, the Israeli multinational online marketplace for freelance services, released second quarter 2023 financial results on Thursday (Aug. 3), highlighting the positive impact new product launches have...

READ MORE >
Payment Problems Create Headaches for Patreon Creators
Payment Problems Create Headaches for Patreon Creators
August 03, 2023  |  Subscriptions

A pair of seemingly unrelated payment issues are bedeviling Patreon creators and their fans. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
Card-on-File Management Platform Knot Raises $10 Million to Expand Merchant Support
Card-on-File Management Platform Knot Raises $10 Million to Expand Merchant Support
August 03, 2023  |  Credit Cards

Knot has closed a $10 million Series A investment round to grow its application programming interface-based card-on-file management offering. Get the Full Story Complete the form to...

READ MORE >
Digital Dollar Project: CBDCs Can Help the Unbanked
Digital Dollar Project: CBDCs Can Help the Unbanked
August 03, 2023  |  CBDC

Could a central bank digital currency (CBDC) help America’s unbanked population? Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Merchants Accept Digital Wallets but Will Not Invest in Innovation
Merchants Accept Digital Wallets but Will Not Invest in Innovation
August 03, 2023  |  Mobile Wallets

Around the world, merchants large and small have adopted digital wallet payments, but many are now happy with the status quo and not particularly interested...

READ MORE >
Airwallex and OurCrowd Team to Make Startup Investing Easier
Airwallex and OurCrowd Team to Make Startup Investing Easier
August 03, 2023  |  Startups

Airwallex has joined forces with venture investing platform OurCrowd to make it easier to invest in startups. Get the Full Story Complete the form to unlock this article...

READ MORE >