Two U.S. law firms have launched investigations into the U.K.’s Metro Bank on behalf of investors concerned that the institution committed securities fraud. Reports in The Guardian on Thursday (May 30) said Pomerantz and Levi & Korsinsky, both based in New York, have opened these...
The 2008 financial crisis gave rise to the alternative lending market as a result of a massive gap in available capital, especially for small businesses and startups. The market’s creation was a spark that ignited a slew of disruptive changes for the small business financial...
U.S.-based B2B FinTechs led the way in this week’s investment roundup, with more than $212 million in new funding falling in the hands of startups targeting a range of enterprise operations. Accounts payable, cloud migration, Big Data and even legal management for startups raising new...
Uber for Business is broadening its partner ecosystem to streamline the expense management process for its users. 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...
U.K.-based bitcoin exchange Coinfloor is collaborating with Enumis to provide current account services to businesses that handle cryptocurrencies, according to reports in TokenPost on Thursday (May 30). The electronic money institution will pay Coinfloor a referral fee for crypto businesses that open current accounts with...
Chinese regulation does not offer a way for individuals to discharge the debt they cannot pay. According to reports in The Economist, small business (SMB) owners are most at risk for regulatory crackdowns when they cannot repay their loans. Get the Full Story Complete the...
Amazon is reportedly expressing interest in acquiring Boost Mobile, the prepaid wireless cellphone service owned by T-Mobile U.S. and Sprint. Reuters, citing two sources familiar with the matter, reported Amazon is interested in Boost because it would enable it to use the new T-Mobile wireless...
Audi has completed a trial with Israeli company Fleetonomy to improve the overall efficiency and utilization of its on-demand services, which could eventually lead to a wider rollout of the Israeli company’s fleet-monitoring and management services. Get the Full Story Complete the form to unlock...
Juul Labs, the company that makes the popular vaporizer, might be set to launch retail stores in the United States. A source told Reuters that the company has not made a final decision on the stores, which would only admit people aged 21 and over....
