Boston-based FinTech TimePayment announced the closing of a new $375 million revolving credit facility Tuesday (Aug. 30), which will strengthen its capital position and support the continued growth of its sales financing for specialty equipment sellers. Get the Full Story Complete the form to unlock...
GXS Bank, which is backed by Southeast Asian super app provider Grab and Asian communications technology group Singtel, has launched a digital bank for consumers and businesses in Singapore. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Financial messaging services provider SWIFT is introducing a new predictive data intelligence capability that determines potential problems with cross-border transactions before payments are sent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
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California’s fast food restaurants are pushing back against a bill that passed in the state Senate Monday (Aug. 29), mandating new standards for fast food workers’ wages, schedules and working conditions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Mobile ticketing platform SeatGeek has raised $238 million from private investors after canceling plans to go public. 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...
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Berlin-based FinTech topi has raised $45 million in a second equity investment round for its platform, which enables merchants to offer computers, monitors, smartphones, printers and other products to their business customers on a subscription basis. Get the Full Story Complete the form to unlock...
Struggling home goods retailer Bed Bath & Beyond will lay off 20% of its workforce and close more than 150 stores in a bid to improve profitability. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...