Today in payments around the world, VertoFX raises $10 million to expand currencies on its platform, and Ofbusiness’ B2B platform is valued at $3 billion. Plus, Andela‘s recent funding round makes it the sixth unicorn in Africa, and EML Payments acquires Sentenial to push into...
In today’s top news, the Senate’s infrastructure bill includes cryptocurrency tax laws, and Amazon missed sales projections in its earnings report. Plus, Mastercard’s second-quarter earnings were boosted by eCommerce and cross-border transactions. Crypto Tax Laws Slipped Into $1T Infrastructure Bill The Senate’s estimated $1 trillion...
In today’s top news, Visa’s new study found that commuters want contactless payments on public transit, and Robinhood opened trading with an estimated $31.8 billion valuation. Plus, PayPal’s second-quarter earnings revealed a surge in peer-to-peer (P2P) payments. Visa Mobility Study: Most Want Contactless Payments On...
In today’s top news, merchants will now be able to use Walmart’s tech solutions, and Visa’s earnings revealed a rebound in consumer spending. Plus, Apple’s latest earnings report beat expectations. Walmart To License Its Digital Tech Walmart will offer businesses and brands the use of...
March 12, 2020
In today’s top payments news, in Paris, six men were convicted of an impersonation plot that garnered $50 million, and Wirecard has partnered with Klarna to integrate digital payment methods into its commerce platform. Also, in a televised address on Wednesday, March 11, President Trump unveiled a number of measures to combat the economic impact […]
March 06, 2020
In today’s top payments news, the Indian government has taken control of Yes Bank as it creates a bailout plan for the bank, and JPMorgan CEO Jamie Dimon is recovering...
March 04, 2020
In today’s top payments news, Ant Financial has acquired a minority stake in FinTech Klarna, the coronavirus has crippled the $1.7 trillion global tourism industry, and Facebook is reportedly considering...
February 13, 2020
In today’s top payments news, the People’s Bank of China has filed more than 80 patents as it attempts to adopt a digital currency, and Fiserv introduced Scan to Pay,...
March 18, 2021
Spring weather, loosening COVID-19 restrictions and a fresh round of stimulus helped keep new jobless claims below 800,000 for the fourth week in a row, although numbers inched up a bit from the previous week. The latest unemployment report released by the Bureau of Labor Statistics (BLS) on Thursday (March 18) showed that for the […]
January 06, 2021
After being bought by UnitedHealth, Change Healthcare will join with OptumInsight to boost software and data analytics, tech-fueled research and revenue cycle management offerings for healthcare, according to a press...
November 04, 2020
Scammers are preying on used car buyers as demand surges for pre-owned vehicles amid the COVID-19 pandemic, according to a CBS report on Wednesday (Nov. 4). As people socially distance...
October 29, 2020
Walmart is looking at merging its fulfillment centers and the aisles of its stores. As online sales surge during the pandemic, the retailer plans to test a new concept at...
