Over the last 10 years, the banking industry hasn’t been viewed in the best light. Since the 2008 recession and subsequent financial bailout, banks have experienced a multitude of ups and downs. This week, however, there appears to be a light at the end of...
A bit more than $783 million in investment activity marked last week’s fund flow. The majority, at 72 percent, came from FinTech. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Banking giant JPMorgan Chase will look to invest more money in its credit card business, continuing a trend of technology initiatives focused on mobile in the mid-term while eyeing returning cash to shareholders. Get the Full Story Complete the form to unlock this article and...
The wind-down of earnings season may be under way, but within the payments space, earnings still had an impact sector-wide, with a few marquee names reporting results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
SoFi, an online finance company providing student loan refinancing, mortgages, personal loans and more, announced last week it has entered into an agreement for $500 million in Series F financing, led by Silver Lake, a private technology-investing firm. Get the Full Story Complete the form...
The acting chairman of the Securities and Exchange Commission (SEC) has said that his agency should let more investors be designated as accredited so that they can take stakes in private firms, among them marquee names such as Lyft and Airbnb. Get the Full Story...
A mission-critical core technology provider for financial institutions, NYMBUS announced yesterday (Feb. 23) that the company secured $16 million in a venture capital funding round led by Home Credit Group. The most recent round comes just six months after another $12 million investment. Get the...
The subscription model has taken off across commerce categories in recent years. It’s a versatile business model being used by merchants across segments to both reach and keep consumers. But as the number of subscriptions increases, it’s becoming easier for consumers to forget what they’re...
New highs and new highs, and some more new highs. Where will it all end up, and when will the stock markets pull back? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
