WeWork Co-founder Adam Neumann has launched a legal battle with his company’s biggest investor, SoftBank Group Corp., charging that it has wrongfully reneged on a bailout deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Open banking was ready for its close-up when COVID-19 placed many such advanced initiatives on hold, in lieu of more practical and urgent considerations like applying for bailout money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Analysts at UBS Securities lowered Wells Fargo’s rating and earnings forecast, saying the bank will have a tougher time bouncing bank from the coronavirus pandemic — more so than other financial institutions (FIs). Get the Full Story Complete the form to unlock this article and enjoy...
More than 770 lawsuits are piling up against hospitals, nursing homes, gyms, airlines and cruise lines in the U.S. due to the coronavirus, alleging various kinds of neglect or mistreatment, according to the U.K.’s Daily Mail. Get the Full Story Complete the form to unlock...
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A lawsuit against Uber alleges that the company engaged in deceitful practices to drive its competitor Sidecar Technologies out of business in 2015, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Facebook Inc. advertisers probably won’t “like” its subpar rating from a media industry watchdog. 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 our daily newsletter, PYMNTS...
Asia-Pacific bank regulators have been crafting their own open-banking initiatives even since Europe rolled out similar rules in 2018. Their goal — follow the European Union's regulatory framework while meeting Asia-Pacific merchant and consumers’ unique banking and security needs. In our latest Merchants Guide To...
Public advocacy groups want the government to closer examine the acquisition of Fitbit by Google, due to the former’s potential as a rival in advertising, according to a Reuters report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...