Shares of Rent-A-Center fell nearly 40% after hours Wednesday (Feb. 23) after the Plano, Texas-based operator of 2,400 furniture, appliance and electronics rental stores reported lower than expected Q4 results and weak guidance. Get the Full Story Complete the form to unlock this article and...
Following the declaration of martial law in Ukraine, the central bank suspended the country’s currency markets, stopped the circulation of all securities, limited cash withdrawals and halted the use of electronic currency and digital wallets. Get the Full Story Complete the form to unlock this...
Global payments provider Nium has partnered with international payment service ECOMMPAY to offer merchants a “closed-loop system” for international payouts, a press release said Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Bloomreach, the commerce experience cloud, has a new investment of $175 million, a company press release said. 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...
ValueAct, an activist investor, has gotten a seat on Fiserv’s board because of a settlement with the FinTech and payments firm, Bloomberg reported Wednesday (Feb. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Several virtual banks have been gaining advantage in Hong Kong by luring consumers to leave brick-and-mortar lenders, The Wall Street Journal reported Wednesday (Feb. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
British Prime Minister Boris Johnson has told finance industry representatives, regulators and trade associations that he wants a tough next round of sanctions on Russia, Reuters said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
HSBC executives, representing one of Mexico’s biggest banks, have told investors that the bank doesn’t want to buy out Citigroup’s consumer bank Banamex, Reuters reported Wednesday (Feb. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Instacart, the online grocery delivery platform, has partnered with Lowe’s to pilot same-day delivery, a company blog from Instacart said Wednesday (Feb. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
