SoftBank Plans to Launch PayPay into Crowded U.S. Market
SoftBank has begun planning an initial public offering in the United States for its Japanese payments app operator, PayPay. The service boasts 70 million users in Japan—more than half the country’s population—but the IPO would enter a crowded U.S. payments app market. Since its launch in 2018, PayPay has dominated the Japanese market, processing more […]
Stripe Adds Pix Payments Through EBANX Integration
Stripe’s network of businesses will be able to offer their customers in Brazil the option to make Pix payments in Brazilian Reals, with settlements available in the merchant’s domestic currency. The integration, facilitated by Latin American payments firm EBANX, will be available to both businesses directly integrated with Stripe and those using e-commerce platforms built […]
More Seniors Are Falling Victim to Impersonation Scams
Over the past four years, the U.S. Federal Trade Commission (FTC) has observed a more than four-fold increase in the number of older adults who have lost $10,000 or more to impersonation scams. According to the FTC, these scams generally fall into three main categories. In the first, a bad actor poses as a representative from […]