More than 200 APIs will be made available from more than a dozen banks in Hong Kong through JETCO, backed by Union Pay. Elsewhere, Ripple's xRapid sees further adoption, while SWIFT has published a standard for its Pay Later API.
General Electric‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. In an announcement on Wednesday (Jan. 16), MUFG Americas and GE Capital said MUFG Union Bank will acquire GE Capital’s supply chain finance...
Banco Santander announced this week that plans to hire a new chief executive officer have been cancelled. 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...
A government working group in India has said a $5 trillion economy could be a reality for the country by 2025, with small businesses (SMBs) a key component of the roadmap it proposed to achieve that goal. Get the Full Story Complete the form to...
Whole Foods Market is giving up on its plan to expand its 365 stores. 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...
Digital bank Tandem has revealed plans to go public within the next five years. The U.K. bank said an initial public offering (IPO) would “make sense,” and there was “clearly potential for multiple unicorn valuations in the digital banking space, as evidenced by recent capital...
As Marriott International recovers from a data breach, the company is rebranding its loyalty program as Marriott Bonvoy. That offering will roll out in mid-February, along with new branding and a new logo in its hotels and online, USA Today reported. Get the Full Story Complete the form to unlock this...
SQN Investors, an investment firm that owns 4 percent of Yelp, is calling on the company to follow its recommendations to grow the business or prepare for a proxy fight. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
For many in tech Google Glass is a cautionary tale about the dangers of hype. When it arrived in 2013, there were no shortage of people who were certain it was going to be the next big thing — the phrase “the new iPhone” go...
