The coronavirus (COVID-19), which began in China, has far-reaching impacts that extend beyond health, with a wide range of economic effects in sectors from travel food firms to Amazon marketplace sellers and the workforce in Japan. Get the Full Story Complete the form to unlock...
After a reporting error that caused the exit of its chief executive and chairman in 2019, Metro Bank has announced that it is scaling back its expansion efforts and moving away from lending for mortgages, according to a report by the Financial Times. Get the...
U.K. fraud prevention firm Featurespace announced on Wednesday (Feb. 26) that Enfuce — Finland’s largest FinTech startup — is implementing the Featurespace ARIC Risk Hub to protect its clients from cyberattacks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Toyota has backed Chinese firm Pony.ai with a $400 million investment, according to the Financial Times. 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...
Klarna, a Swedish FinTech that allows customers to pay for items through installments, has posted its first annual loss after years of being profitable, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In today’s top news, the stock market takes its biggest hit since 2015 due to mounting fears over the coronavirus, and an ex-Microsoft engineer is found guilty of stealing $10 million in digital currency. Also, Uber ousts the head of its Uber Eats division. Get...
Walmart and its U.K. supermarket arm Asda are reportedly looking for an investment from a third party, after a failed attempt to merge with competitor Sainsbury’s, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy...
(Warning: This article contains puns aplenty, fowl indeed). 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, PYMNTS Today. By completing this form, you...
As the coronavirus spreads outside of China and causes concerns of a worldwide pandemic, American hotels and airlines are expanding options for customers to make new plans for travel. The U.S. told Americans to start getting ready for the coronavirus to spread within the nation...
