News

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

Source: pymnts.com

Egypt’s Central Bank Approves Instant Payment Regulations

Egypt’s Central Bank Approves Instant Payment Regulations
Egypt’s Central Bank Approves Instant Payment Regulations
November 08, 2021  |  Faster Payments

Egypt residents can now make instant electronic payments between bank accounts using their mobile phones, thanks to newly approved regulations by Egypt’s central bank, according...

READ MORE >
Payments Tech Company Makes AP for QSRs a ‘Priority’
Payments Tech Company Makes AP for QSRs a ‘Priority’
November 08, 2021  |  Accounts Payable

Payments technology firm Priority Technology Holdings, Inc. has joined forces with business process automation provider OneDataSource to improve accounts payable (AP) processes for quick-service restaurants...

READ MORE >
FinTech Sector in Singapore Could Hit $3B in Funding
FinTech Sector in Singapore Could Hit $3B in Funding
November 08, 2021  |  Fintech Investments

The FinTech space in Singapore is anticipated to attract an estimated $3 billion by the end of 2021, Sopnendu Mohanty, the Monetary Authority of Singapore’s...

READ MORE >
Ocrolus, Blend Announce Partnership to Automate Lending 
Ocrolus, Blend Announce Partnership to Automate Lending 
November 08, 2021  |  Partnerships / Acquisitions

Document automation platform Ocrolus and cloud banking platform Blend announced Monday (Nov. 8) a strategic partnership that will embed Ocrolus’ Human-in-the-Loop (HITL) document analysis solution...

READ MORE >
Apple Hires Former Tesla Engineer to Advance Self-Driving Car Efforts
Apple Hires Former Tesla Engineer to Advance Self-Driving Car Efforts
November 08, 2021  |  Apple

Apple hired a former Tesla software engineer to advance its efforts to develop a self-driving car, sources told Bloomberg. Christopher “CJ” Moore is the second...

READ MORE >
Canada’s Bolt Logistics Raises $92M
Canada’s Bolt Logistics Raises $92M
November 08, 2021  |  Investments

The Canadian logistics and last-mile delivery service Bolt Logistics has raised $92 million ($115 million CAD), bringing the total funds raised by the firm to...

READ MORE >
Banknotes, Digital Payments up in India Five Years After Demonetization
Banknotes, Digital Payments up in India Five Years After Demonetization
November 08, 2021  |  Digital Payments

Digital payments are increasing at a fever pitch in India, and banknotes continue to grow five years after the country demonetized banknotes of 500 and...

READ MORE >
Shipping Startup X Delivery Announces New Leadership
Shipping Startup X Delivery Announces New Leadership
November 08, 2021  |  Delivery

Tech-based national shipping carrier X Delivery — which has grown its monthly revenue ten-fold over the last year — has recently expanded the Texas-based company’s...

READ MORE >
Daimler Mobility, Visa Partner to Enable In-Car Payments With Fingerprint Sensors 
Daimler Mobility, Visa Partner to Enable In-Car Payments With Fingerprint Sensors 
November 08, 2021  |  Biometrics

From spring 2022 onwards, Mercedes-Benz customers in the U.K. and Germany will be able to pay for goods and services by using their fingerprint in...

READ MORE >