News

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

Source: pymnts.com

Baanx FinTech Invests in Iowa’s Maxwell State Bank

Baanx FinTech Invests in Iowa’s Maxwell State Bank
Baanx FinTech Invests in Iowa’s Maxwell State Bank
September 06, 2021  |  Security & Fraud

B2B2C platform Baanx is now the third-largest shareholder in Maxwell State Bank, which is regulated by the U.S., after a multimillion-dollar deal to bolster cybersecurity...

READ MORE >
Amid Didi’s Regulatory Pressures, China Invests in Rival Mobility Platform
Amid Didi’s Regulatory Pressures, China Invests in Rival Mobility Platform
September 06, 2021  |  Ridesharing

Cao Cao Mobility, a ridesharing app, has reaped the benefits of investments from Chinese state investors as rival Didi sees itself mired in regulatory issues,...

READ MORE >
Trade Ledger, ScotPac Team to Fast-Track SMB Loan Approvals
Trade Ledger, ScotPac Team to Fast-Track SMB Loan Approvals
September 06, 2021  |  B2B Payments

FinTech Trade Ledger is partnering with small- to medium-sized business (SMB) lender ScotPac to accelerate loan application turnaround times, according to a press release. Get...

READ MORE >
Regulator Concerns Force Binance to Remove Singapore Products
Regulator Concerns Force Binance to Remove Singapore Products
September 06, 2021  |  Cryptocurrency

Binance, a cryptocurrency exchange that has been seeing backlash in numerous countries, has announced a restriction of its services in Singapore, Reuters reported. Get the...

READ MORE >
FinTech BankiFi Raises $3M To Help Banks Better Serve SMBs
FinTech BankiFi Raises $3M To Help Banks Better Serve SMBs
September 06, 2021  |  B2B Payments

British FinTech BankiFi has secured a 2.2 million pound (approximately $3 million) investment in a funding round to help financial institutions (FIs) better serve small-...

READ MORE >
Amazon Ships Outside Cargo to Compete with UPS, FedEx 
Amazon Ships Outside Cargo to Compete with UPS, FedEx 
September 06, 2021  |  Amazon

Amazon has begun shipping cargo for outside customers to compete with UPS and FedEx.   Get the Full Story Complete the form to unlock this article...

READ MORE >
New COVID Cases Ground Air Travel
New COVID Cases Ground Air Travel
September 06, 2021  |  Travel Payments

A new surge in cases of COVID-19 is leading businesses to rethink employee travel this fall. Get the Full Story Complete the form to unlock...

READ MORE >
Brazil Limits Pix Payments Amid Kidnapping Spree 
Brazil Limits Pix Payments Amid Kidnapping Spree 
September 06, 2021  |  International

A rash of “lightning kidnappings” in Brazil has forced the country’s central bank to restrict use of the Pix payment platform.  Get the Full Story...

READ MORE >
NFT Marketplace OpenSea Sees $3.4B Transaction Volume in August
NFT Marketplace OpenSea Sees $3.4B Transaction Volume in August
September 06, 2021  |  Cryptocurrency

The nonfungible token marketplace OpenSea recorded a $3.4 billion transaction volume on Ethereum last month, a tenfold increase from July.   Get the Full Story Complete...

READ MORE >