Citi Australia and PayPal Credit Australia announced they have entered into a long-term strategic partnership to develop consumer credit products for PayPal’s customers in Australia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Chinese government has announced that it will allow foreign firms that are not in the investment business to invest in domestic companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Data shows that consumer confidence in the European Union has fallen to its lowest level since the end of last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
As a record amount of capital has entered the local ecosystem in a significant rebound since 2016’s darkened funding environment, Indian tech startups are having a standout year with two months of 2019 left. India’s unlisted tech startups have notched $11.3 billion in funding this...
With a new capital infusion, SoftBank Group is extending a lifeline of up to $8 billion into the office space and workspace solutions firm WeWork. The infusion will see SoftBank committing $5 billion in new financing as well as issuing a tender offer for an...
Four flight attendants for American Airlines were arrested and charged with money laundering after police seized $22,671 between them at Miami International Airport on Monday (Oct. 21), according to a report by CNN. Get the Full Story Complete the form to unlock this article and...
Snap, the parent company of Snapchat, said the Department of Justice and the Securities and Exchange Commission are no longer investigating it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
In today’s payments news, Zelle’s third-quarter results show that transaction volume increased by 73 percent. Also, Tencent’s WeChat Pay is launching a new payment function that allows people to transfer funds using a mobile phone number. And Facebook CEO Mark Zuckerberg testified before the United States House of Representatives Committee on Financial Services....
WeWork, the embattled workspace company that was recently taken over by Japan’s SoftBank, will get rid of 4,000 jobs in an effort to become profitable. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...