FinTech StreetShares, which works to aid financial institutions (FIs) in providing loans for small- to medium-sized businesses (SMBs), has secured $10 million in a funding round, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Chinese FinTech Lufax is hoping to get as much as $2.36 billion from the initial public offering (IPO) filed earlier this month, according to a report in CNBC on Friday (Oct. 23). Get the Full Story Complete the form to unlock this article and enjoy...
In today’s top news, Uber and Lyft must reclassify their drivers as employees, and FTC commissioners are in favor of pursuing an antitrust suit against Facebook. Plus, PayPal eyes buying a cryptocurrency firm. Get the Full Story Complete the form to unlock this article and...
It’s been a good year to be in the business of selling toys, a fact demonstrated by Mattel’s recent earnings release showing a surprising jump in quarterly sales, with hope for more to come as the annual holiday shopping season is revving up. Get the...
In today’s top payments news around the world, Facebook is bringing its online dating tool to Europe, while cross-border mobile messaging program WhatsApp is introducing new offerings that will let companies sell inside of chats. Plus, daVinci Payments will merge with North Lane Technologies for the...
On Wall Street, as they say — you pays your money, you takes your pick. 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,...
Activist investor Starboard Value already has 10.5 million shares — a 9 percent stake — in payments giant ACI Worldwide but is now eyeing the company for a potential takeover, according to a Reuters report on Thursday (Oct. 22). Get the Full Story Complete the...
The Nike retailing model has shown itself again as The Gap announced Thursday that it will close underperforming stores, focus on the digital-first economy and exit its mall locations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Despite the fact that many retailers are creating their own versions of Black Friday, the traditional one that happens the day after Thanksgiving will still occur as a retail event. The overcrowded stores and the insane rush to grab the latest bargain may not be...
