IKEA and Hennes & Mauritz (H&M) are putting money into technology startups as a way to help them sidestep retail disruption, the Financial Times (FT) reported Wednesday (Nov. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
JPMorgan Chase developed an eWallet product for tech companies like Airbnb, Lyft and Amazon designed to help them provide customers with virtual bank accounts, Bloomberg reported on Wednesday (Nov. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Commercial card startup Brex is collaborating with BNP Paribas subsidiary Bank of the West. 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...
In today’s top payments news, Japan’s SoftBank reported a $6.5 billion loss on Wednesday (Nov. 6) with its first quarterly drop-off in 14 years. Also, Fidelity National Information Services (FIS) reported Q3 results that beat expectations for adjusted earnings. And Visa called Tencent’s announcement that...
Airbnb suffered a blow on Tuesday (Nov. 5) when Jersey City residents voted to apply more regulations to short-term rentals, a decision that could have repercussions as the company prepares for an IPO, according to a report by CNBC. Get the Full Story Complete the...
Enterprise spend management solution provider Coupa is expanding its offering with new features and a partnership with American Express, the companies said Wednesday (Nov. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Wirecard is having auditing giant KPMG expand the scope of its review of Wirecard financials as the company continues to defend against allegations of fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Billtrust announced on Wednesday (Nov. 6) that its Business Payments Network (BPN) is approaching the milestone of 1 million B2B transactions about one year after launch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Bank of America has teamed with IBM and its regulatory compliance arm, Promontory Financial Group, to create a cloud computing platform that has privacy, security and regulatory banking compliance protocols built in, according to a report by American Banker. Get the Full Story Complete the form...