A co-founder of Penta, the German-based virtual bank, is now rolling out Relio, an initiative focused on serving small to midsize businesses (SMBs), according to a report from Crowdfund Insider. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Chinese tech companies apparently reacting to increased regulatory scrutiny tied to the delay of Ant Group‘s planned $37 billion IPO are dropping their own plans to go public in droves, the Financial Times reports. Get the Full Story Complete the form to unlock this article...
Brazil’s big banks, long known for high rates despite occasional public outcries, are racing to modernize amid challenges posed by low interest rates, the pandemic’s fallout and new digital rivals, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this...
The personal data of 533 million Facebook users, including phone numbers and emails, has been leaked, The Verge reported. 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...
China’s government-backed push toward the use of the digital yuan and consumer behavior changes resulting from the pandemic led to a decrease in the number of ATMs in the country in 2020 compared with 2019, the Hindustan Times reported. Get the Full Story Complete the...
The Federal Reserve’s FedNow program, intended to streamline the clearing and settlement process, will be tested by five Northern California regional banks and three credit unions (CUs), according to a report from North Bay Business Journal. Get the Full Story Complete the form to unlock...
CloudBlue, which is owned by Ingram Micro, announced its acquisition of Harmony Business Systems in a press release. 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...
Vizient has completed the purchase of Intalere from its parent company Intermountain Healthcare, which gives Vizient more power in the healthcare supply chain, according to a press release. It will also help Vizient reach more people. Get the Full Story Complete the form to unlock...
WEX Inc. has completed its previously announced acquisition of some health savings account (HSA) assets from HealthcareBank, which is the custodian bank for Wex’s Health Division clients, WEX recently announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
