News

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

Source: pymnts.com

UK Crime Agency Calls for Tougher Crypto Regulations

UK Crime Agency Calls for Tougher Crypto Regulations
UK Crime Agency Calls for Tougher Crypto Regulations
March 15, 2022  |  Cryptocurrency

The U.K.’s National Crime Agency (NCA) has called for more regulation on cryptocurrency protocols that let digital asset traders mask their transactions, according to published...

READ MORE >
CBDC Plans Proliferate as Governments Race to Challenge Stablecoins’ First-Mover Advantage
CBDC Plans Proliferate as Governments Race to Challenge Stablecoins’ First-Mover Advantage
March 15, 2022  |  CBDC

As the move to create central bank digital currencies (CBDCs) expands around the world, it’s worth stepping back and asking why. Get the Full Story...

READ MORE >
Bazaar Raises $70M in Pakistan’s Second-Largest Funding Round
Bazaar Raises $70M in Pakistan’s Second-Largest Funding Round
March 15, 2022  |  Investments

Bazaar Technologies, a B2B eCommerce startup based in Pakistan, has raised $70 million in what was the country’s second-largest funding round on record, according to...

READ MORE >
Swedbank in More Money-Laundering Legal Trouble
Swedbank in More Money-Laundering Legal Trouble
March 15, 2022  |  AML

The Estonian unit of Swedbank AB is a suspect in a money-laundering investigation, after a special white-collar crime investigator with Estonia’s Central Criminal Police notified...

READ MORE >
Meta Faces Fines for Allegedly Violating Anti-Competition Rules in South Africa
Meta Faces Fines for Allegedly Violating Anti-Competition Rules in South Africa
March 15, 2022  |  Meta

South Africa’s competition regulator is seeking to prosecute Meta Platforms, formerly Facebook, and its subsidiaries, WhatsApp Inc and Facebook South Africa, for abusing its dominance...

READ MORE >
Banks Worry Russia Will Target SWIFT System
Banks Worry Russia Will Target SWIFT System
March 15, 2022  |  International

Financial executives are expressing fears of Russian cyber attacks on SWIFT after several of the country’s biggest banks were removed from the payments messaging system....

READ MORE >
Webuy Snaps Up Group Buying Rival Chilibeli
Webuy Snaps Up Group Buying Rival Chilibeli
March 15, 2022  |  Acquisitions

Social eCommerce startup Webuy acquired its biggest rival, community group buying platform Chilibeli, for undisclosed terms, Asia Tech Daily reported on Tuesday (March 15). Both...

READ MORE >
Strong 2021 Profits Drive Volkswagen’s Porsche Closer to IPO
Strong 2021 Profits Drive Volkswagen’s Porsche Closer to IPO
March 15, 2022  |  IPO

A boost in group operating profits for Volkswagen AG is likely to be the catalyst that drives a fourth-quarter initial public offering (IPO) for its...

READ MORE >
Connected Car Data Solves Fleet Managers’ Pain Points
Connected Car Data Solves Fleet Managers’ Pain Points
March 15, 2022  |  Data

With 90% of new cars sold in the U.S. connected and able to send data to the automakers, there’s a lot of data out there...

READ MORE >