Nonbank lending – also known as “shadow banking” – has seen its assets hit $52 trillion, despite the fact that the sector poses significant risks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Grocery delivery startup Instacart has introduced a new option for its workers, according to reports: on-demand shopping. 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...
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Welcome to The Axis, your late look at payments news from around the world. Coverage includes a ranking that shows Bristol as the top city for cashless transactions in the United Kingdom. In addition, Google is reportedly working with MMTC-PAMP to let Google Pay users buy...
Rite Aid said it will no longer sell electronic cigarettes amid what it calls an “epidemic” of teen vaping, and that it will start selling cannabidiol (CBD) products in Washington and Oregon, according to a report by CNBC. Chief Operating Officer Bryan Everett told analysts...
To quote a rock ‘n’ roll poet (Jerry Lee Lewis): Whole lotta shakin’ going on. 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,...
Lemonade, the insurance company powered by artificial intelligence and behavioral economics, announced Thursday (April 11) it has raised $300 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
With Apple suffering from lackluster demand for its iPhone devices, Wall Street firm Credit Suisse was prompted to start the Cupertino, California tech giant at a neutral rating. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Kyriba, the cloud treasury and finance services company, announced on Thursday (April 11) that it closed a $160 million growth round of funding led by Bridgepoint, the private equity firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
