FinTech firms that provide workers with wages on demand (i.e., before payday) emerged with the cash flow challenges of low-wage, hourly workers in mind. Yet, in the U.K., rising costs of payroll administration, intensifying compliance requirements and complex tax rules have led companies of all...
Mastercard is rolling out a commercial card product designed for small businesses across Asia Pacific in a new collaboration with United Overseas Bank (UOB), an announcement Tuesday (May 28) said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A group of U.K. financial institutions are signing a voluntary code to refund consumer and small business victims for fraud schemes, the BBC reported on Tuesday (May 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Robinhood Markets, the operator of a free mobile trading app, is close to garnering a valuation of $7 billion or more. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A group of investors has acquired Sureswipe, a South African payments company, for an undisclosed amount. 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...
Warranty service company Upsie has raised $5 million in new funding, led by True Ventures. Techstars Ventures, Matchstick Ventures, The Syndicate Fund, M25 and angel investor Marc Belton also participated in the round. Minneapolis, MN-based Upsie will use the new funding to revamp its service,...
Who says a virus-riddled laptop is useless? In fact, one person just paid $1.345 million to obtain an infected device — as a piece of artwork. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
This year is proving to be another tough one for brick-and-mortar stores, with Dressbarn, CVS, Party City and Pier 1 Imports being just a few of the retailers announcing closures. According to Coresight Research, more than 7,150 store closures have been announced by U.S. retailers...
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