Alternative Payments, In A United State, For US Merchants

PYMNTS

For example, India remains a cash-centric economy grappling with the transition to digital channels (Booth termed that market one with “high barriers to entry” preferences, which can shift across regions and even languages). No matter the territory or geographic region, Booth said that, above all, “having presence on the ground” in the countries in which the company does business “is vital.”.

McDonald’s Will Open 200 Restaurants In Nordic Region

PYMNTS

McDonald’s will open 200 restaurants in the Nordic region over the next 10 years, as well as begin home deliveries this year in an attempt to take on rivals, such as Taco Bell and Yum! McDonald’s currently serves 150 million customers each year in Denmark, Sweden, Norway and Finland from its estimated 430 restaurants in the region. McDonald’s already offers home delivery in the United States, Britain, Germany and the Netherlands, among other countries.

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Blockchain, Energy Use Draws Senate Attention

PYMNTS

Blockchain gets scrutiny on all sides, and in one looming examination, the United States Senate will examine the impact blockchain has on the energy ecosystem — specifically, how it affects the use of electricity. In terms of regional concentration, Asia Pacific will be the biggest market in 2023. Blockchain blockchain efficiency cryptocurrency cryptos electricity prices energy energy ecosystem initial coin offerings IoT News United States Senate

European Tech Startups See A Bump In Deals As North America, Asia Slump

CB Insights

While tech chatter tends to focus on companies and investors around Silicon Valley, using CB Insights’ data tools we found that Europe’s tech scene is on the rise, even as other regions have seen a pull back in activity. Asia Europe Geographies Technology United States

Latin America Tech Booms As Brazil Dominates And Regional Investors Grow

CB Insights

Investors from around the globe are flocking to Latin America — within the first half of 2018, deep-pocketed investors like Andreessen Horowitz, Sequoia Capital, and DST Global have backed startups in the region. Since 2012, investments into the region have nearly tripled.

The Taste Of New Mexico In A Subscription Box

PYMNTS

Entrepreneurs are sometimes inspired to create companies based on a place where they have strong ties: Eric Smith was born as well as raised in New Mexico and co-founded Nuevo Food Box , which offers a subscription box of food highlighting the flavors of the state.

PayPal Credit Reaches $50B In Total Payment Volume

PYMNTS

The company said that of that tally, PayPal Credit total payment volume in the United States alone was roughly $10 billion, and logged more than $2 billion across November and December. PayPal Credit said Monday that it has reached $50 billion in total payment volume.

FEMA Looks At Blockchain To Aid Disaster Payouts

PYMNTS

The United States Federal Emergency Management Agency (FEMA) has revealed that it might look into using blockchain technology to streamline disaster insurance payouts, as well as speed up its response to disasters.

Coronavirus Update: Yum Works With Franchisees On Payments; Workers, Mayors Impact Food Production

PYMNTS

Business is restricted to drive-thru, carryout and delivery in the United States and select other markets. And the firm noted that the impact on sales is very different by region. Meanwhile, some poultry workers in the United States have walked off the job, while some mayors in South America have created difficulty for food production, Bloomberg reported.

FBI Director: China Wants To Steal US Tech By ‘Any Means Necessary’

PYMNTS

technology by “any means necessary” and that there are about 1,000 related investigations currently ongoing in the country, through its 56 regional offices, according to a report by Reuters. . Christopher Wray, the director of the FBI, said China wanted to steal U.S.

US Bans Chinese Facial Recognition Tech

PYMNTS

The cameras are also used to track Muslims coming in and out of mosques in the western Chinese region of Xinjiang, which has led to the detention of thousands of ethnic Uighurs and other Muslim minorities in internment camps.

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Global Fintech Report Q3 2019

CB Insights

In our Q3’ 2019 report, we cover macro trends across global geographies and regions within the United States. . Globally, fintech deals rebounded slightly in Q3’19, but will likely fall short of 2018’s record.

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Esports Venue Coming To Mall of Georgia

PYMNTS

As the largest shopping destination in the southeastern United States, the Mall of Georgia includes more than 200 stores. “We’ve

Sweden Fines Swedbank $386M For AML Missteps

PYMNTS

Sweden’s oldest retail bank will face a hefty $386 million fine for a scandal that erupted last year over the bank’s poor handling of money laundering issues in the Baltic region, according to Reuters Thursday (March 19). Also, Swedbank is under investigation in the United States.

Grocers Struggle To Meet Panicked Demand In US, UK

PYMNTS

In the United States, demand for delivery services for groceries are so high that some customers are waiting seven days for orders that contain missing items, and servers for online services are crashing under heightened demand, according to a report by The Wall Street Journal.

FinTech Chipper Cash To Expand Into Nigeria

PYMNTS

Both Chipper Cash founders emigrated to the United States to study and work in Silicon Valley. Chipper Cash, a no-fee, cross-border payment company started by Ham Serunjogi and Maijid Moujaled, has expanded into Nigeria, according to a report.

Toys R Us Is Going Strong In Asia

PYMNTS

While Toys R Us has disappeared from the United States, it is going strong in Asia, which plans to open 60 new stores throughout the region this year. It currently operates more than 550 stores in the region. “We

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Getaround Car Sharing Platform Raises $200M At $1.7B Valuation

PYMNTS

Its Getaround Connect device now operates in the United States, as well as in seven European countries: Norway, France, Germany, Spain, Austria, Belgium and the U.K. Car sharing marketplace Getaround is looking to raise up to $201.5

RTP Global Unveils $650M Startup-Focused VC Fund

PYMNTS

To continue supporting technology in regions all over the world from North America to Southeast Asia, Leonid Boguslavsky-founded RTP Global unveiled a new $650 million fund to keep investing in early-stage tech companies.

More Than Half Of Cards Issued Globally Were EMV-Enabled

PYMNTS

Researchers pointed out, however, that because of the nature of some regions, more recent data could show higher overall adoption rates and transaction volumes than the total shown for 2017. Regionally, the EMV chip card adoption rate is highest in Canada, Latin America and the Caribbean (85.7 The United States is second to last place at 58.5 The United States is also trailing in this area at 41.2 Data from EMVCo shows that 54.6

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Alphabet-Owned Drone Co Fuels Expansion With Hiring

PYMNTS

Wing wants to expand its delivery service in the United States and other countries as well. The company wants to hire people to help it grow into new regions, help with the regulation of air delivery and find new business partners. .

Netflix Everywhere Is Not The Same For Everyone

PYMNTS

In effect, while the arrival of Netflix appears to be a good thing in the short term for citizen viewers in those regions, the streaming service could actually be bad for local business in the long run. In the U.S., most consumers agree that Netflix is pretty great.

Germany’s FlixMobility Reports 37 Pct Boost In Transport App Users

PYMNTS

FlixMobility launched in the United States in 2018, challenging popular companies like Greyhound, and now operates with 100 destinations from coast to coast. FlixMobility , a German transport app, on Thursday reported a 37% increase in passenger travel in 2019.

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Badi Rolls Out AI Room Booking App In NY

PYMNTS

Badi had a pilot in November in New York and is now looking to grow in the United States. Next, they can select in which neighborhoods or regions they would like to stay.

Railsbank Open Banking Platform Lands $10M For Global Expansion

PYMNTS

The funds will be used to help the bank continue its global expansion in the United States, Australia and Southeast Asia, as well as enhance its core product proposition from banking, payments and cards into APIs for other financial services. “We

Mastercard Gross Dollar Volume Up 14 Pct In 4Q

PYMNTS

Breaking that gross dollar volume down a bit further, the United States saw 10 percent growth to $466 billion, outpaced by the rest of the world at 16 percent to just over $1 trillion. Mastercard results released Thursday morning (Jan.

EU Executive Branch Calls For More ‘Technological Sovereignty’

PYMNTS

The European Union ’s executive branch has called for urgent action to reverse what it believes is the region’s heavy reliance on computer hardware and software from other countries.

Visa, Open Debut Credit Card For India SMBs

PYMNTS

This partnership is a boost for Open as we look to expand our customer base to other markets in the Asia Pacific region, United States and the Middle East in the coming months.”.

Cards 158

DOJ Seeks To End Ban Of Hollywood Studios Buying Theaters

PYMNTS

It also banned the setting of minimum prices on movie tickets, as well as giving exclusive film licenses for specific regions. AMC, Cinemark and Regal are currently the biggest theater operators in the United States. The U.S.

Facebook Faces Billions In Possible GDPR Fines

PYMNTS

Also in Europe, the European financial markets regulator has said that it wants to spend one million euros to promote market stability in the region as pertains to cryptocurrencies and FinTechs. That document focuses on budgets and regulatory efforts across the region.

Bankruptcy Wave Hits Whole Foods Competitors

PYMNTS

Three regional players in the organic food retail business — where Whole Foods and parent Amazon rule — have declared bankruptcy over the past month. While regional players struggle, interlopers continue to strengthen. The number of supermarkets in the United States declined by 1.3

Trending: FIs Use AI To Challenge Challenger Banks

PYMNTS

British challenger bank Monzo is among those moving into new product segments following its recent launch into the United States, announcing a partnership with AXA partners to provide travel insurance to its users.

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simPRO Taps Square To Power Field Service Payments

PYMNTS

Headquartered in Brisbane, Australia, the company also has regional headquarters in the United States, United Kingdom and New Zealand, allowing it to provide global leadership for trade and specialty contractors.

Transforming TCF Bank With Microservices And APIs

Perficient Financial Servies

Through its subsidiaries, TCF conducts commercial leasing and equipment finance business nationwide and commercial inventory finance business in the United States and Canada.

Kroger Gains Traction In Multiple US Markets

PYMNTS

In multiple large metropolitan areas of the United States, market share data indicates that Kroger is gaining traction. The grocer operates Kroger stores along with regional brands such as Fry’s, King Soopers and Harris Teeter, Cincinnati.com reported.

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