Singapore ride-hailing company Grab is reportedly considering a spinoff of its financial services assets, according to a Reuters report on Wednesday (May 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Human resources and payroll solutions provider The Mint Corporation issued a press release on Tuesday (May 7), notifying investors that the trading of its shares on Toronto’s TSX Venture Exchange has been halted. Get the Full Story Complete the form to unlock this article and enjoy...
Rental car company Hertz is suing some of its former executives after a $16 million settlement of financial accounting violations with the U.S. Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Starbucks seeks to track its supply chain with a bit more transparency through blockchain, from farm to cup. Meanwhile, the Monetary Authority of Singapore sees potential through the use of blockchain for cross-border payments.
Record levels of corporate debt in the U.S. have caught the attention of the Federal Reserve. According to Reuters on Tuesday (May 7), the Fed released its latest financial stability report and warned that U.S. share prices are “elevated,” while pointing to “historically high” corporate debt...
A lawsuit filed this week by Gas Pos, a fuel station point-of-sale startup, is accusing fleet card company FLEETCOR of anticompetitive behavior and adding to the growing controversy over fees associated with processing and using fleet cards. Get the Full Story Complete the form to...
It is perhaps no surprise that the latest research on corporate cybersecurity is far from optimistic. In a time when experts highlight the increasing sophistication of cyberattacks, the growing financial and reputational losses as a result of data breaches, and the rising investments in cybersecurity...
Citi’s Treasury and Trade Solutions (TTS) is rolling out a new identity and account verification solution for corporate treasurer clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Know Your Customer (KYC) regulatory requirements are frequently cited as a top — if not the top — challenge for banks. However, for non-bank lenders, those compliance burdens can be just as high, and many players lack the back-office technologies necessary to manage the deluge of data...
