Punjab National Bank revealed that it had been defrauded $556 million from a struggling borrower, Bhushan Power & Steel, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Payments technology company InComm has acquired Meridian Loyalty, a business incentives company that works to build loyalty as well as engagement opportunities for corporations, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
According to reports in Bloomberg, anonymous sources have confirmed that MissFresh, a Chinese grocery delivery startup based in Beijing, is seeking additional funding as the economy and market appear to be trending downward in the country. MissFresh is backed by Tencent Holdings Ltd. and is...
In Europe, and specifically in banking, mergers – not for scale, but for efficiency? 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...
Can cameras replace cashers in retail? The grocery industry is making a go of it. 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,...
Sometimes entrepreneurs are their own very first customer: They need their products in their own lives. Jade Leaf Matcha Co-Founder Marc St Raymond, for instance, worked long hours doing software engineering work, which can be demanding. He was always on the hunt for an aid...
After rolling out ad-free music streaming for riders, Alphabet Inc. subsidiary Waymo is reportedly experimenting with ad-free wireless internet in its greater Phoenix robotaxis. Paying passengers have been transported in hundreds of “driverless” minivans since the end of last year, according to Reuters. Get the...
In a move that extends payroll card portfolios to serve small and medium-sized businesses (SMBs), global business payments company FLEETCOR Technologies, Inc. has acquired payroll card provider SOLE Financial. The move is said to bring SOLE together with FLEETCOR’s existing digital paycard business and grow...
So-called “buy buttons” have captured the imaginations of online retailers and social media platforms over the years, but they have had far more success being used on eCommerce sites. Instagram encourages discovery and shopping, but has stopped short of adding a literal buy button, while...
