Hedge fund billionaire Bill Ackman launched his “special purchase acquisition company” (or SPAC) on the New York Stock Exchange (NYSE) Wednesday (July 22), positioning the vehicle as a better alternative for taking a promising private company public. Get the Full Story Complete the form to...
The U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC) are cracking down on scams known as credit card laundering or transaction laundering, according to The Wall Street Journal (WSJ). Get the Full Story Complete the form to unlock this article and enjoy...
In today’s top news, Mastercard is promoting sustainable credit cards, and Wirecard seeks a forensic investigation into its recently discovered accounting scandal. Plus, Salesforce expanded its Order Management offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Saying that “we know holiday shopping will be different this year, and we will be managing sales events differently,” Walmart this week announced that its stores will close for Thanksgiving in 2020 – a decision that would have bordered on sacrilegious at any other time....
Facebook is upping its commitment to the Indian tech market with a bid to have WhatsApp work with more Indian lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
First American Title, one of the largest providers of title insurance in the U.S., is facing allegations that it exposed the personal data of millions of its customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Foreign regulators are increasingly training their sights on U.S. Big Tech companies. In this case, antitrust officials said they searched the local offices of Amazon and Apple in Italy as part of an investigation. Get the Full Story Complete the form to unlock this article...
Three former top executives of Wirecard AG were arrested Wednesday (July 22) as prosecutors allege they were part of a criminal enterprise to steal billions from creditors based on fake accounts, Reuters reported. Get the Full Story Complete the form to unlock this article and...
Brex, the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
