News

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

Source: pymnts.com

Japan to Propose Limiting Stablecoin Issuance

Japan to Propose Limiting Stablecoin Issuance
Japan to Propose Limiting Stablecoin Issuance
December 06, 2021  |  Cryptocurrency

Japan’s Financial Services Agency (FSA) will propose legislation in 2022 to make it so only banks and wire transfer companies can issue stablecoins, a Tuesday...

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Florida Jury Allows Self-Proclaimed Bitcoin Inventor to Keep Entire $50B Cache of Crypto
Florida Jury Allows Self-Proclaimed Bitcoin Inventor to Keep Entire $50B Cache of Crypto
December 06, 2021  |  Cryptocurrency

Self-proclaimed bitcoin creator Craig Wright does not have to pay the brother of his late partner, Dave Kleiman, half of a $50 billion bitcoin fortune,...

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Today in Retail: Kohl’s Urged to Spin-Off eCommerce Business; Retailers Pay Customers to Pick Up Orders
Today in Retail: Kohl’s Urged to Spin-Off eCommerce Business; Retailers Pay Customers to Pick Up...
December 06, 2021  |  Retail

In today’s top retail news, Rakuten and Afterpay are partnering on a new rewards program for customers of both companies, while department store chain Kohl’s...

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Kasada Gets $23M Investment Toward Bot Protection
Kasada Gets $23M Investment Toward Bot Protection
December 06, 2021  |  Cybersecurity

Kasada has announced a $23 million series C funding round and says it’s seeing more demand for its bot protection tech, which can stop automated...

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Hometap Nets $60M in Fresh Capital for Home Loan Platform
Hometap Nets $60M in Fresh Capital for Home Loan Platform
December 06, 2021  |  Investments

Home loan platform Hometap on Monday (Dec. 6) announced that it raised $60 million in fresh operating capital through a funding round that will help...

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Bizongo Valued at $600M After $110M Series D Fundraising Round
Bizongo Valued at $600M After $110M Series D Fundraising Round
December 06, 2021  |  Investments

SmartPaddle Technology Pvt. Ltd, which owns and operates packaging materials platform Bizongo, has raised ₹825 crore ($110 million) through its recent Series D fundraising round,...

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Are Things Actually Getting Better at Meta?
Are Things Actually Getting Better at Meta?
December 06, 2021  |  Meta

Maybe it’s just a pronunciation bias given PYMNTS’ roots in Boston, or perhaps it’s the result of reading a steady flow of headlines extolling the...

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US Could Disconnect Russia from SWIFT Payments to Deter Ukraine Invasion
US Could Disconnect Russia from SWIFT Payments to Deter Ukraine Invasion
December 06, 2021  |  Politics

Sanctions against Russia by the U.S. are being weighed to deter Russian President Vladimir Putin from launching an invasion into Ukraine, including severing the country...

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Microsoft 2022 Price Hikes Buck Subscription Commerce Best Practices
Microsoft 2022 Price Hikes Buck Subscription Commerce Best Practices
December 06, 2021  |  Subscription Commerce

There’s no shortage of tips and best practices about what top-performing subscription brands do to become top performers. Here’s something they generally don’t do —...

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