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Today In Payments Around The World: Delivery Hero Buys Glovo’s LATAM Operations; Telefónica Teams With Rakuten For OpenRAN

PYMNTS

In today’s top news in payments around the world, Delivery Hero said it has acquired Glovo’s Latin America operations, and Telefónica is teaming with Rakuten for the development of an OpenRAN (radio access network). The company is reportedly likely to decide between Singapore and the United States for its initial public offering (IPO).

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Mastercard Bets On Biometric Cards To Advance Inclusion

PYMNTS

In early May, Mastercard , in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test in Mexico’s Sonora state – the first regional test of biometric card technology in national history. The Challenge of Building the Right Card for the Job.

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National Business Systems VP: For Some SMBs, It’s Still Wait-And-See On EMV

PYMNTS

After nearly three years, the transition to EMV in the United States still has its challenges. In an interview with PYMNTS, National Business Systems VP David Riley noted a lack of awareness in the field for smaller firms across several verticals. Millennials are traveling and leaving their credit cards at home.

National 130
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CVS Pharmacy Unveils Contactless Payments Via PayPal, Venmo

PYMNTS

Customers will be able to pay for the transactions by drawing against balances in PayPal or Venmo accounts or by drawing on bank accounts, debit cards or credit cards linked to a PayPal or Venmo account. The partnership.

Payments 264
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Investors Back B2B Startups With An Eye On SMB Finance

PYMNTS

Some startups focused on data aggregation to expand underwriting capabilities, while others operate platforms to facilitate financing. But it was a startup wielding the corporate card to enable digital lunch vouchers for employees that landed the largest round of the week. Pipe Technologies. The firm notched $78.7 The firm notched $78.7

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The Few, the Proud, the Protected — Provisions in SCRA That Financial Institutions Must Be Aware Of

Perficient

Members of the Army and Air National Guard, provided they have been called to respond to a national emergency and their period of active duty is more than 30 days in a row. Active duty commissioned officers of the Public Health Service or the National Oceanic and Atmospheric Administration. All active-duty Reserve personnel.

National 275
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A three-stream financial world: which one to watch?

Chris Skinner

I knew exactly what he was getting at, as the banks I deal with in USA, UK, France, Germany and other European nations are always fretting over the challenge with their old systems. The main reason is that China was not a card-based economy. He asked me: “why is it that the Western banks are always talking about legacy?”