Japan-based credit card and payment firm JCB has announced a partnership with tech startup accelerator TECHFUND to explore the idea of a payment system with blockchain options, the company said on Friday (May 15). Get the Full Story Complete the form to unlock this article...
After a financial watchdog raised the issue, banks in Britain are looking into whether they pressed businesses into giving them more work in exchange for loans amid the pandemic. Lenders, with the inclusion of Santander, Deutsche Bank, Barclays and HSBC, are holding internal probes to...
Summer looms, and for those who had hoped for some return to normalcy — baseball games, movies, trips to New York City to see well, anything — those hopes appear dashed to a large measure. In New York City, Broadway’s shutdown portends a series of...
It’s not often that a CEO publicly admits they made a blunder, but that’s just what SoftBank Founder and CEO Masayoshi Son did Monday (May 18) regarding the firm’s WeWork investment, which went south, Business Insider reported. Get the Full Story Complete the form to unlock...
Tide Capital, now accredited as a lender, will have the authority to distribute loans between £2,000 and £50,000 during the coronavirus pandemic to struggling businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Australia’s Judo Bank has attained unicorn status, according to FinTech Magazine, meaning it has achieved a valuation of at least $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Georgia is the first state rolling out the gym mat to LA Fitness and other exercise facilities that were forced to close in March amid the global coronavirus pandemic. LA Fitness has some 40 gyms in the Atlanta area and will begin reopening on Friday...
In today’s top news, Grubhub says “no deal” to Uber, but negotiations continue. Meanwhile, SoftBank posts $18 billion in losses after Jack Ma resigns, and the Federal Reserve’s Jerome Powell says economic recovery could take a year and a half. Get the Full Story Complete...
Users of the digital trading platform Robinhood have taken to social media once again to express their outrage about outages locking them out of a stock market rally on Monday (May 18), according to a report. Get the Full Story Complete the form to unlock...
