The federal Securities and Exchange Commission (SEC) is investigating how retail broker apps encourage stock trading and earn money when those trades are executed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Nuvei Corp. of Montreal, a financial technology company, intends to buy Simplex, a FinTech catering to the cryptocurrency industry, for about $250 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Kount, an Equifax company, revealed its Kount Dispute and Chargeback Management Solution, which links major card brand dispute and alert platforms with artificial intelligence (AI)-fueled fraud prevention. The offering stops chargebacks and sales losses from happening through a solution and dashboard, according to an announcement....
Bill.com, which provides back-office software, has struck a deal to buy Divvy in a stock-and-cash transaction valued at about $2.5 billion. Utah-based Divvy’s platform puts expense-management software and smart corporate cards together. Get the Full Story Complete the form to unlock this article and enjoy...
Snowball Finance Beijing Internet Information Technology Co., an online financial information and social network portal backed by Ant Group, is looking into a $300 million American IPO, Bloomberg News reported Friday. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Another wild week in payments and commerce — perhaps one a bit wilder than usual as the week kicked off with a commerce holiday dedicated entirely to buying Star Wars merchandise and will conclude with cryptocurrency Doge Coin’s value potentially going “to the moon” this...
Peloton, the maker of upscale fitness equipment and workout programs, said Thursday (May 6) its connected fitness subscribers rose 135 percent to a record 2 million users despite being embroiled in an ongoing government-mandated safety recall of its two treadmill products. Get the Full Story...
Just days after Amazon’s latest round of record earnings results, as well as a new PYMNTS prediction that its sales growth will outpace Walmart’s by a 3-to-1 margin over the next five years, the dominant online retailer is starting to home in on Prime Day...
After more than a year of lockdowns and COVID-related lifestyle restrictions, consumers’ pent-up demand and desire to play again could be seen in a trio of sports-related forecasts Friday (May 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
