Hong Kong-based startup Oriente has announced a $105 million initial funding round, which included investment from the founders, as well as a group of family offices including members of the Berjaya Group, JG Summit Holdings, Inc., and Sinar Mas. Get the Full Story Complete the...
It's said an ounce of prevention is worth a pound of cure, and the maxim can be applied to debt recovery efforts that average a dismal 20 percent. AI can help. Brighterion CEO Akli Adjaoute tells Karen Webster that true AI and smart agents form...
First Data’s 2018 Prepaid Consumer Insights Study found that the average consumer is spending $59 more than the original value of their gift card, marking an increase from $21 a year ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
SimbaPay announced Wednesday (November 28) that Family Bank Limited, a bank located in Kenya, has partnered with the London-based FinTech to launch an instant money transfer service from Kenya to China through WeChat. Get the Full Story Complete the form to unlock this article and...
Suffering from unexpected technical issues with web sales, firms from Shutterfly to Lenox found themselves sending apology emails to customers over Cyber Monday sales that perhaps didn’t process — with offers to extend the sale another day. Get the Full Story Complete the form to...
If spending is any gauge of affection, it is safe to conclude that Americans truly love their pets. According to the Bureau of Labor Statistics, American households on average spend about $500 apiece on pet care. According to the American Pet Products Association (APPA), Americans...
Gymboree, the U.S. retail outfit that sells children’s clothing, is mulling whether to shutter more than half of its 900-store base, Reuters reported Tuesday (Nov. 27), citing people “familiar with the matter.” Get the Full Story Complete the form to unlock this article and enjoy...
American Express (Amex) is launching its new American Express Go service in Australia in an effort to help corporate financial managers adopt virtual cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Earlier this week, reports said two researchers from Bloomsberg University of Pennsylvania made their case for safe harbor rules and overall easing of regulatory penalties for small businesses hit by a cyberattack. Their argument, reports in the Wall Street Journal said, is that small businesses...
