The headlines in recent weeks tied to the Office of the Comptroller of the Currency (OCC) have centered on legal disputes over national bank charters for FinTech companies. As has been reported in past weeks, a ruling handed down by a federal judge in New...
Alibaba, the Chinese eCommerce giant, is reportedly mulling raising $20 billion in a second Hong Kong listing. Bloomberg, citing people familiar with the matter, said Alibaba is currently working with financial advisors on the offering. The company wants to file a listing application as early...
The Chinese government increased subsidies it paid last year, aiming to help Chinese companies weather the economic slowdown in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
IKEA is gearing up to roll out a new retail app that will enable consumers to shop online for products they can use in their homes. According to Reuters, the move is a departure for the furniture retailer that had long driven customers into its...
Everything is connected, and that certainly holds true when one is talking about the various developments and twists in the U.S.-China relationship – which, in many ways, is among the most significant drivers of digital payments and commerce trends. Now, as agriculture is increasingly coming...
Trade wars leave casualties on the economic battlefield, wounding balance sheets and earnings as the costs to import (and sell) goods mounts. That’s especially true for retailers caught in the cross-hairs of the ongoing skirmish between China and the United States, where the latest (and...
Starting a store, even a digital store, can be an awful lot of work. While the digital economy is full of firms like Square, Stripe, Shopify and the like that can make it easy to accept cards and get a digital storefront up and running...
With a $1.1 billion valuation and a growing share of the U.S. mattress market, Casper could be poised to be the latest company to go public this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Revolut, the U.K. FinTech, has more than double the complaints from customers that rival Monzo received during the years between 2015 and 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...