Small business lending platform Biz2Credit is rolling out a new technology designed to help traditional financial institutions strengthen their small to medium-sized business (SMB) lending operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Federal Reserve Chairman Jerome Powell offered his thoughts on rising corporate debt levels in the U.S. and abroad just weeks after the Fed released its latest financial stability report, which found that the U.S. economy “appears resilient.” USA Today on Tuesday (May 21) reported that...
Blockchain is hitting the road as Honda and GM link on a project tied to electric vehicles and smart grids. Separately, South Korea is launching an identity service based on blockchain.
Uber, the newly public ride-hailing startup, is gearing up to launch a subscription plan for food delivery. 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...
TransferWise, the U.K. money transfer startup, has raised $292 million in a round of funding, giving it a valuation of $3.5 billion. To date, TransferWise has raised $689 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy...
With loyalty, digital marketing and merchandise contributing to declines across its full-priced and off-priced businesses, Nordstrom reported first-quarter earnings that were below analysts’ expectations. The department store retailer reported revenues of $3.4 billion and earnings per share of 23 cents compared to analyst’s expectations of $3.6...
Mexican President Andrés Manuel López Obrador is in support of big banks that want to expand in Mexico. 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...
Two senators have proposed new legislation that would allocate $2.2 billion toward federal research and development (R&D), and create a national artificial intelligence (AI) strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
There is no “i” in team — every coach’s mantra. Guess what, though? That’s only half the story when it comes to the concept of working together for the greater good. As it turns out, “payments is a team sport,” at least in the view...
