Shares of well-known Chinese companies, like Alibaba, JD.com and others, dropped sharply on Friday (Sept. 27) amid news that the United States might be curtailing Chinese investments, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and...
Today in the payments news roundup, the U.S. House Committee on Financial Services Task Force on Financial Technology held a hearing to talk about the FedNow development and its U.S. payments ecosystem implications. Also, DoorDash revealed it was the victim of a data breach in...
Police in Brazil have raided the residences of managers of Banco do Brasil in connection to their part in a money-laundering scam worth $48 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
And now begins some more heavy lifting. 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 agree...
To bolster its subscription business, San-Francisco-based Recurly has notched $19.5 million in funding led by F-Prime Capital along with participation from Polaris Partners, Silicon Valley Bank and Greycroft. The new funding brings its total raise to almost $40 million after raises in the past totaling...
In a move that could help it better contend with Swiggy, Flipkart and Amazon, online grocer BigBasket has merged its two main businesses of planned next-day orders and on-demand 90-minute delivery. The idea is to supply broader product selections to shoppers in under four hours,...
Brick-and-mortar retailers are expanding their efforts to provide customers with health and wellness services while taking steps to train their employees for healthcare roles. Walmart, in one case, is adding healthcare to its Live Better U’s college offering, in an effort to provide associates with a pathway to...
As New York City’s vacancy rate has skyrocketed by nearly 50 percent, a report released by City Comptroller Scott Stringer showed that the amount of empty retail space in the city has doubled in the last 10 years or so. The vacancy rate reached a...
Unilever has revealed that its sales on Amazon are only a small piece of its pie since most of its products sold on the website are priced below $10. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
