The court-appointed administrator guiding Wirecard AG’s insolvency said dozens of investors have emerged to buy what’s left of the Munich-based payments company, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
“The digital economy is here, and those payment providers that are global, digital and fully resilient will lead the reemergence.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
In today’s top news, a Federal Reserve official warns the surge in coronavirus cases could dampen economic recovery, and the CEOs of the four biggest tech companies will testify before Congress. Plus, a second Wirecard executive was arrested over the recent fraud scandal. Get the...
Palantir Technologies is the latest in a recent flurry of tech companies to signal plans for an IPO. 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...
“Over the coming months, retailers also need to prepare for the continued — and maybe even swifter — move to mobile.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The federal Consumer Financial Protection Bureau (CFPB) has eliminated a rule that placed limits on payday lenders, handing a victory to the sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The U.S. Treasury Department’s financial crime unit has alerted financial institutions (FIs) about imposter scams arising during the COVID-19 pandemic. 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...
Uber’s attempted merger with Grubhub might have fallen apart, but Uber CEO Dara Khosrowshahi said in a televised interview that shareholders shouldn’t view Postmates, which the transportation company has decided to buy, as second prize. In fact, Khosrowshahi said that shareholders should view it as...
Deutsche Bank has agreed to an alliance with Google to provide the German lender with access to cloud services and to offer technology-based financial products to customers, the bank announced on Tuesday (July 7). Get the Full Story Complete the form to unlock this article and enjoy...
