Commerzbank has told lawyers that the bank was a victim of fraud in the ongoing Wirecard case, Reuters reported Thursday (Jan. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
In today’s top retail news, Ethan Allen Interiors anticipates reporting retail segment written orders growth of 44.9 percent from the prior year for the company’s second quarter, while Christopher & Banks Corporation has voluntarily filed for Chapter 11 bankruptcy. Plus, a new Toshiba Global Commerce...
The Toronto-Dominion Bank (TD) and Wells Fargo have unveiled a deal through which TD will buy the Canadian Direct Equipment Finance operation of Wells Fargo, which is “subject to certain closing conditions,” according to a Thursday (Jan. 14) announcement. Get the Full Story Complete the form...
Grocery shopping has become a very different animal in the last year as consumers have radically altered their shopping preferences. Once a weekly physical activity relegated to weekends by the vast majority of consumers, the new grocery shopper has developed an increasing affinity over the...
In today’s top news, Connecticut’s Attorney General has opened an antitrust probe into Amazon’s eBook business, and Petco beat expectations in its IPO. Plus, Grab Financial raised $300 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy to advance digital innovation in the financial services sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Apple is betting the lure of free coffee will help boost use of Apple Pay. 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 daily newsletter,...
Silicon Valley credit card startup X1 raised $12 million in a funding round led by Spark Capital, a backer of Twitter, Plaid, Slack and Affirm. The round also had participation from Jared Leto and CEOs of known tech brands. Get the Full Story Complete the...
With “renewed clarity” and “reignited vision,” shares of Petco began trading on Thursday (Jan. 14) after the owner of 1,500 pet stores completed its third IPO in 27 years, while ending a 15-year stint as a privately held business. Petco’s latest share sale raised $864...
