European Union officials said the type of commission-free share trading for retail investors offered by companies such as Robinhood would not be allowed in the EU, Reuters reported on Tuesday (Feb. 23). EU officials have been looking into such brokerage sites after recent controversies. Get...
Chefclub, a food media company that made a name for itself with its highly shareable recipe videos, is parlaying its playful, quirky content brand into food-centric merchandise. Last month, the startup raised $17 million to fund the expansion of its product line, according to TechCrunch,...
Comdata Inc. has introduced its new Comdata Fleet Card, which was created for fleets that have under 50 vehicles. The card comes with fuel savings, discounts and zero card transaction charges for a monthly fee per active card, according to a Tuesday (Feb. 23) announcement...
Since the start of the pandemic, many consumers have settled into a new normal. Where once they ate at restaurants, they may now order in or cook at home. Where once they spent time perusing the aisles at grocery stores, they may now order delivery...
U.S. bank profits fell 36.5 percent in 2020 compared to the previous year due to the large volume of money set aside to cover potential losses caused by the coronavirus pandemic, according to a report from the Federal Deposit Insurance Corporation (FDIC). Get the Full Story...
In today’s top news, Lloyds Bank credit card holders can now use Mastercard’s Open Banking Connect, and U.S. Treasury Secretary Janet Yellen supports exploring a digital dollar. Plus, smartphone sales dropped globally, but Apple regained its top slot. Get the Full Story Complete the form...
By the numbers, reCommerce has had a split decision in 2020. On one side, the pandemic has hurt companies like The RealReal that have included physical stores in their business models. On the other hand, companies like Poshmark are flying high, ready to IPO and...
Smart home tech company Plume raised $270 million in a Series E funding round, valuing the company at $1.35 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Today in B2B payments, small businesses express frustration with the PPP loan program, while Cirralto plans new funding for its B2B payments tool. Plus, OnDeck partners with HomeAdvisor, MUFG launches a green deposit solution for corporates and Biden narrows PPP’s focus on the smallest of...
