In today’s top news, Visa’s first-quarter earnings show growth in contactless payments, and Plaid introduces Plaid Deposit Switch for users to modify paycheck destinations. Plus, Mastercard’s fourth-quarter earnings show a bump in debit spending. Get the Full Story Complete the form to unlock this article...
Felix Hufeld, head of Germany’s financial watchdog Federal Financial Supervisory Authority (BaFin), and his deputy, Elisabeth Roegele, have been dismissed over their handling of the Wirecard debacle, according to a Reuters report on Friday (Jan. 29). Get the Full Story Complete the form to unlock this...
Legislators in the European Union have informed Alphabet, Facebook, Apple and Amazon that they are open to delaying a potential hearing beyond Feb. 1, its initially scheduled date, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Education gig economy platform Nerdy Inc. has struck a deal to go public by merging with TPG Pace Tech Opportunities, a special purpose acquisition company (SPAC), according to a Friday (Jan. 29) announcement. Get the Full Story Complete the form to unlock this article and...
Germany’s finance minister sees OECD member states reaching a deal by this summer on imposing a tax on major digital firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In today’s top digital-first banking news, challenger bank Dave has secured a $100 million credit facility from Victory Park Capital, while Plaid has revealed its Plaid Deposit Switch beta offering. Plus, German neobank N26 is seeking to make an acquistion in FinTech. Get the Full...
After an extremely difficult year for restaurants, with both local businesses and international chains seeing sales declines and store closures, there may be some optimism returning to the industry. Yelp data indicate that 2020’s fourth quarter showed a return to growth, with 18,207 new restaurants...
Plant shopping in Ohio is about to become a more immersive experience than the average gardening enthusiast is used to, as Greendigs, a direct-to-consumer (D2C) marketplace for design-forward plants and décor, is opening what it calls a “Living Design” experience. Get the Full Story Complete...
Lowe’s Companies, Inc. will provide its front-line workers with a further $80 million in discretionary bonuses and intends to bring over 50,000 workers on board throughout U.S. stores this spring, according to an announcement. Get the Full Story Complete the form to unlock this article...
