News

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

Source: pymnts.com

Crossing Borders and Crossing Swords, France Successfully Trials CBDC Bond Trading

Crossing Borders and Crossing Swords, France Successfully Trials CBDC Bond Trading
Crossing Borders and Crossing Swords, France Successfully Trials CBDC Bond Trading
December 16, 2021  |  CBDC

The Banque de France announced Thursday (Dec. 16) that it has successfully finished the first stage of its plan to create a wholesale central bank...

READ MORE >
Circle Launches USDC-Based Tornado Relief Fund
Circle Launches USDC-Based Tornado Relief Fund
December 16, 2021  |  Cryptocurrency

The internet finance platform Circle and Endaoment have joined forces to create a USDC-based disaster relief fund to help victims of last week’s deadly tornadoes...

READ MORE >
Astra Teams With Cross River to Intro Card-to-Card Instant Payment API
Astra Teams With Cross River to Intro Card-to-Card Instant Payment API
December 16, 2021  |  API

Money movement automation platform Astra is teaming up with core infrastructure financial services firm Cross River Bank, to give FinTech developers the ability to use...

READ MORE >
Google’s Africa Investment Fund Backs Ugandan Bike-Hailing Startup Safeboda
Google’s Africa Investment Fund Backs Ugandan Bike-Hailing Startup Safeboda
December 16, 2021  |  Google

Google has invested an undisclosed amount in Ugandan bike-hailing startup SafeBoda, according to reports on Thursday (Dec. 16), marking the tech giant’s first cash disbursement...

READ MORE >
Mercado Libre Acquires POS Provider Redelcom 
Mercado Libre Acquires POS Provider Redelcom 
December 16, 2021  |  Acquisitions

The Latin American eCommerce giant Mercado Libre says it has acquired Redelcom, a Chilean payments service provider. Get the Full Story Complete the form to...

READ MORE >
Insurance Companies Use AI to Make Payables Touchless
Insurance Companies Use AI to Make Payables Touchless
December 16, 2021  |  B2B Payments

To take on the challenges of accounts payable (AP) invoice automation and the insurance submission intake, Kanverse has deployed a product that uses several technologies:...

READ MORE >
New Amazon Health Lead May Take a Page From Prime Membership Model on Healthcare
New Amazon Health Lead May Take a Page From Prime Membership Model on Healthcare
December 16, 2021  |  Amazon

On the news that Amazon’s Neil Lindsay, who had been senior vice president of Prime and marketing, will now lead the eCommerce titan’s Amazon Care...

READ MORE >
Zillow Launches Service to Help First-Time Buyers With Down Payments
Zillow Launches Service to Help First-Time Buyers With Down Payments
December 16, 2021  |  Real Estate

Zillow has launched a partnership with Down Payment Resource to help people find ways to make homeownership more affordable, particularly for first-time buyers. Get the...

READ MORE >
Russian Central Bank Might Ban Crypto Investments 
Russian Central Bank Might Ban Crypto Investments 
December 16, 2021  |  Cryptocurrency

The Central Bank of Russia is talking to financial market leaders and industry experts about a potential ban on cryptocurrency investment to stem the tide...

READ MORE >