Bank earnings have unusually high stakes this quarter, with investors’ dividends at stake and banks expected to add billions to their loan-loss reserves due to the pandemic’s economic effects, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this...
Citing security concerns, Wells Fargo is asking employees to remove the TikTok apps from their work phones, Bloomberg 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...
A national survey has found more than 80 percent of medical practices have been the victims of cyberattacks, USA Today reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Delivery startup Dunzo, India’s food and grocery delivery service backed Google, has suffered a data breach, The News Minute 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....
Jio Platforms Ltd., the Indian telecom company, has landed another major investor with deep pockets, according to a press release. Qualcomm Ventures, the San Diego-based investment arm of Qualcomm Inc., the wireless technology company, announced it has invested up to $97 million in Jio. Get...
As federal investigators recognize the connections between cyber and traditional financial crimes, the U.S. Secret Service has established a single agency to fight them, the Secret Service announced in a press release. Get the Full Story Complete the form to unlock this article and enjoy...
Like everyone else, the PYMNTS staff is working from home and using the weekends to catch up on books, streaming and movies. Here’s a sample of some of the more relevant selections we recommend. Get the Full Story Complete the form to unlock this article...
Indian food-delivery company Zomato weathered a decrease in revenue after COVID-19 hit — but at the same time saw an increase in profitability, founder and CEO Deepinder Goyal said in a blog post yesterday. Get the Full Story Complete the form to unlock this article...
There was no shortage of news in payments and commerce this week, but perhaps the biggest news that didn’t make a headline was that this week marks the first full business week of a second half to what’s already been an incredible year. Get the...
