Facebook’s WhatsApp payments are available in Brazil as of Tuesday (May 4), WABetaInfo reported.The announcement comes about a year after a nearly identical announcement. But at that time, the Central Bank of Brazil had issues with the system, saying WhatsApp payments could hurt banks and...
In today’s top payments news around the world, dLocal has reportedly confidentially filed for an initial public offering (IPO) in the United States, while Oura has unveiled a $100 million Series C. Plus, Acuant has closed on its purchase of Hello Soda. Get the Full...
In today’s top payments news around the world, banks in the United Kingdom are bracing for a wave of requests from firms to extend terms for the Bounce Back Loan Scheme (BBLS), while eCommerce around the globe comprised 19 percent of total retail sales in...
Mexican workers abroad sent a record amount of money back to their home country in March, with remittances reaching $4.15 billion, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The latest in the long list of ways COVID-19 has changed things comes to us from Singapore, where several entrepreneurs have begun selling the comforts of home to people quarantined away from home. Get the Full Story Complete the form to unlock this article and...
Payment systems in Singapore and Thailand are coming together for a first-ever collaboration to advance real-time retail payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
In today’s top payments news around the world, Taster has notched a $37 million cash infusion from several outside investors, while Oura Health Oy is reportedly in talks with investors in regard to a possible fundraise that would value the company at $800 million. Plus,...
The European Payments Council (EPC) wants to hear from service providers with the expertise to oversee a multi-nation alarm system designed to cut down on payments fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The U.S. Department of the Treasury announced that MoneyGram Payment Systems, Inc. agreed to remit $34,328.78 to settle “potential civil liability” for 359 apparent contraventions of different sanctions programs, according to a Thursday (April 29) enforcement release. Get the Full Story Complete the form to unlock...
