The third decade of the 21st century is dawning with self-driving cars, the ability to rent almost anything and, best of all, instant money. But many financial institutions (FIs) are paying certain parties like it’s 1999. Get the Full Story Complete the form to unlock...
In a Series E round headed up by Abu Dhabi’s Mubadala state investment company, Spain’s on-demand delivery app Glovo has notched €150 million ($166 million) in funding. The company’s raise comes after a €150 million round that was announced in April and $134M in a Series C...
With a problem at the Federal Reserve that has since reportedly been fixed, direct deposits, as well as other financial transactions, were delayed on Thursday (Dec. 19). Banks were told about a “disruption” in the automated clearing house (ACH) network that brought about delays in...
PayPal has acquired a 70 percent equity stake in Guofubao Information Technology (GoPay) and will head to China as their first foreign online-only payments platform, PayPal said in a press release on Thursday (Dec. 19). Get the Full Story Complete the form to unlock this...
The peace of mind parents get with child-tracking smartwatches has been turned upside-down. A cloud-based security flaw has been allowing unauthorized people to monitor children’s locations, as reported on Wednesday (Dec. 18). Get the Full Story Complete the form to unlock this article and enjoy...
Sustainable fashion was “in” this year – with all make and manner of new and established brands advertising their clothes/shoes/accessories designed to be environmentally sustainable, particularly given how incredibly polluting the fashion industry is in terms of land use, water use and the 21 billion...
A German court on Thursday (Dec. 19) banished Uber from running its ride-hailing service in Germany because the company doesn’t have the right licensing, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Joe Clark remembers that when he was growing up, his parents belonged to the local art museum, and one of the perks of membership was that the museum had a collection members could borrow from, “kind of like a library book.” As a result, his...
With the growth of eCommerce sales, the number of products consumers are sending back to retailers is on the rise. As $50 billion in profits is left on the table each year, merchants are seeking new ways to contend with the problem, CNBC reported. Get the Full...
