As five dozen suitors with the backing of more than 130 investors have lined up to buy what’s left of Wirecard AG, the German payment company’s stocks soared by as much as 37.5 percent in Frankfurt on Monday (July 27) — the steepest gain since...
Walgreens Boots Alliance Inc. CEO Stefano Pessina is stepping down, the company announced on Monday (July 27). 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...
Retailers are starting to pay the rent. A new report from the National Association of Real Estate Investment Trusts (NAREIT) shows that rent collections for free-standing and shopping mall-focused real estate investment trusts (REITs) gained ground in July on top of gains in June. The...
“Once a business solves its digital transaction processing issues, they need to start considering how to efficiently and effectively go global. The world economy won’t wait for the U.S. to recover.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Target said in a press release on Monday (July 27) that, as part of its holiday shopping and COVID-19 plans, it will close on Thanksgiving. The chain’s move follows Walmart’s announcement that it will also close stores on that same holiday. Get the Full Story...
Though applications of the U.K.’s open banking framework have grown more diverse since its launch in 2018, the initial excitement behind the regulatory initiative was its opportunity to lower barriers to market entry for new FinTechs, and to augment competition in the financial services world....
Although there are countless ways a cybercriminal can swindle funds from a company — either from the outside or within — it’s often the invoice at the center of the crime. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
That a market is massive and emerging as a target for digitization, does not necessary mean it will be an easy target to pursue — a lesson learned the hard way by Facebook in June when regulators hit the pause button on its adding payment...
As the U.S. shellfish industry was headed into 2020, the big concern was climate change. People who made their living in the business were worried that higher ocean temperatures would increase algae blooms and therefore be a destructive factor in the care, farming and feeding...
