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...
Digital commerce platform Merchant eSolutions has rebranded to simply MerchantE, which a press release says reflects a commitment by the company to offer more choices, more transparency and better money management tools. Get the Full Story Complete the form to unlock this article and enjoy...
Goldman Sachs’ consumer digital bank Marcus is facing a nice problem to have (at least on the surface) in Britain. News emerged Wednesday (June 10) that the unit isn’t taking any more applications for savings accounts because demand has been so high that the volume...
New U.S. Bank features will allow freight carriers new B2B payment options such as a new dashboard for better receivables visibility and a way to pay invoices much quicker, according to a June 10 press release. Get the Full Story Complete the form to unlock this...
Small businesses hit hard by COVID-19 shutdowns are facing thin cash reserves, and the extension of credit to those SMBs has become an increasingly crowded field. The U.S. government, banks and Big Tech have all jumped into the ring to make financing more available, with the latest pair-up involving...
