The Federal Reserve Board on Monday (Sept. 21) took the first step toward overhauling the regulations that affect banks’ lending in economically challenged areas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In today’s top news in digital-first banking, Next Insurance is aiming to raise new capital that would value the FinTech startup at $2.25 billion, and FLEETCOR has come to an arrangement to purchase cross-border payment company Associated Foreign Exchange (AFEX). Plus, Nacha has announced the...
The pandemic has had something of a strange effect on the world of book publishing. Shut-down bookstores and closed classrooms initially depressed sales in the market, particularly of educational books. But that drop-off has reportedly been replaced and even surpassed by consumer demand for printed books to be read during the...
Electric scooter-maker Bird launched a new model on Sunday (Sept. 20) and is increasing its efforts to zip right past retailers to consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Walmart wants to bring a bit of the high-fashion catwalk to its store aisles. 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, PYMNTS...
Ant Group, the online payment provider for China-based Alibaba Group Holding Ltd., is seeking a record return of at least $35 billion as it goes public in the Hong Kong and Shanghai markets, sources told Bloomberg News. Get the Full Story Complete the form to...
Uber Technologies is under increasing pressure to find new investors and revamp the strategy for its experimental, self-driving car division, which has begun to lose ground to competitors, Bloomberg reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Gross negligence – or evidence of a battle waged by banks that requires new, high-tech weaponry? 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...
Swedish open-banking platform Tink and U.K.-based OpenWrks have entered into a strategic partnership that includes Tink acquiring OpenWrks’ aggregation platform for an undisclosed sum. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...