PastPay Secures €12M Series A Funding for Expansion
PastPay raises €12M in Series A funding led by Platina Capital. Funds will expand services and enhance digital infrastructure across…
Contactless Payments Transform Post-Pandemic Payment Landscape
Contactless payments surged due to the pandemic. Public transit systems significantly promoted contactless usage. Future trends include biometrics and broader…
Petsy Raises €1M in First Funding Round
Petsy raises €1M to expand its petsitting platform. Funding will enhance platform features and market presence. Company plans to expand…
Consumer Debt Climbs Amid Inflation Concerns
Consumer borrowing continues to rise amid inflation concerns. Revolving debt surges, reaching $1.359 trillion in July. Inflation expectations remain stable…
Draghi Urges EU to Tackle Innovation Gap
EU's competitiveness is declining, requiring urgent innovation measures. Report suggests doubling R&D funding and combating talent "brain drain." Experts call…
BILL Appoints Mary Kay Bowman to Lead Payments
BILL appoints Mary Kay Bowman to lead payments and financial services. Bowman brings experience from Visa, Square, Amazon, and Digital…
FBI Reports 50% of Fraud Losses Involve Crypto
Cryptocurrency complaints constitute 10% of financial fraud cases. 50% of financial losses in 2023 involved cryptocurrency. Investment scams were the…
Apple Moves iPhone 16 Production to India
Apple unveils iPhone 16 and shifts production to India. Foxconn invests heavily in Indian manufacturing facilities. Government incentives boost Apple's…
Big Lots Undergoes Chapter 11 Restructuring Amid Market Challenges
Big Lots files for Chapter 11 restructuring. Analysts highlight issues in Big Lots' business model. Company plans to optimize store…
Expedia’s B2B Segment Thrives Alongside B2C
Expedia's B2B segment powers major corporate travel programs. B2B expansion leverages existing B2C infrastructure and expertise. Diversifying into B2B reduces…
