Corporates are diving into an unprecedented opportunity to digitize and modernize. Whether it’s the result of necessity in a remote working environment or of a slowdown in business that frees up time to focus on the transformation, organizations are quickly flocking to their banks and...
As consumers have been hit hard by the economic effects of the COVID-19 pandemic, card issuers have seen a sharp impact to their business. In the immediate aftermath of the pandemic that pushed workers into indefinite furloughs and unemployment, credit card transaction volumes plunged by...
Software company Wave Financial plans to roll out a bookkeeping and banking package for small businesses called Wave Money this summer. The company said Thursday (June 11) that the “solution” won’t have banking fees or account minimums and will offer “instant access to funds” and...
Indonesian wholesale eCommerce market Ula has announced that it has secured $10.5 million in a new seed funding round, according to an e27 report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
When India moved to formally shut its economy down by closing workplaces and other public spots over COVID-19, over 120 million Indians lost their jobs. But one group was hit most critically in that collapse of employment — women, according to The New York Times. Get...
The Federal Trade Commission sued two New York small-business lenders Wednesday (June 10) for allegedly using deceptive terms in loans to companies, nonprofits, religious groups and medical offices, and threatening violence and personal-asset seizures to collect funds. Get the Full Story Complete the form to...
The Bank of Ghana continues to consider the creation of a digital currency, GhanaWeb reported. 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,...
Just Eat Takeaway.com agreed on Wednesday (June 10) to buy Grubhub for $7.3 billion in a move that could result in the world’s largest online food delivery firm outside of China, with operations in 25 countries. Get the Full Story Complete the form to unlock...
Credorax, the smart payments provider and FinTech, has announced a partnership with Samsung to develop blockchain technology to offer open banking services, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
