Adding to the series of legal difficulties for Wirecard, the Justice Department is looking to see if the German payments company had an essential part in a purported $100 million bank fraud case involving a digital cannabis firm, The Wall Street Journal reported, citing unnamed sources....
AMC Entertainment Holdings is still struggling to avoid bankruptcy even as it prepares to reopen many of its movie theaters. 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...
In today’s top news, tech startups have laid off nearly 70,000 employees in the last four months, and Rocket Companies, parent of Quicken Loans, filed for an IPO. Plus, Walmart reportedly plans to launch a subscription program. Get the Full Story Complete the form to...
Kustomer on Wednesday (July 8) announced a deal with Shopify that the New York firm is betting will expand the reach of its CRM (customer relationship management) platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Ant Group, the online payment service affiliate of China’s Alibaba Group Holding Ltd, is looking to go public as early as this year, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Walgreens Boots Alliance is teaming up with Chicago-based VillageMD to make Walgreens “the first national pharmacy chain to offer full-service doctor offices co-located at its stores at a large scale,” according to a Wednesday (July 8) press release. Get the Full Story Complete the form...
The retail world was rocked by more bankruptcy news on Wednesday (July 8), as Brooks Brothers officially announced its long-rumored bankruptcy and women’s fashion icon Ann Taylor was reported to be preparing for a Chapter 11 filing. Get the Full Story Complete the form to...
Mastercard is harnessing artificial intelligence (AI) in a bid to hit fraudsters hard by searching for emerging patterns of criminal activity before they become major problems, two top executives told Karen Webster during Mastercard’s Virtual Cyber & Risk Summit. Get the Full Story Complete the form...
Closing store locations has been a near-daily occurrence during the pandemic. But when a high-flying QSR like Dunkin is in the news, it’s a bit of a surprise. The chain announced on Tuesday (July 7) that it was following through on its decision announced earlier...
