Record levels of corporate debt in the U.S. have caught the attention of the Federal Reserve. According to Reuters on Tuesday (May 7), the Fed released its latest financial stability report and warned that U.S. share prices are “elevated,” while pointing to “historically high” corporate debt...
A lawsuit filed this week by Gas Pos, a fuel station point-of-sale startup, is accusing fleet card company FLEETCOR of anticompetitive behavior and adding to the growing controversy over fees associated with processing and using fleet cards. Get the Full Story Complete the form to...
It is perhaps no surprise that the latest research on corporate cybersecurity is far from optimistic. In a time when experts highlight the increasing sophistication of cyberattacks, the growing financial and reputational losses as a result of data breaches, and the rising investments in cybersecurity...
Visa, the payments company, announced Wednesday (May 8) that it has acquired Earthport, a cross-border payment company catering to banks, money transfer services providers and businesses around the world. Terms of the deal were not disclosed. Get the Full Story Complete the form to unlock...
Binance, one of the biggest cryptocurrency exchanges in the world, was reportedly hacked — with the bad guys stealing bitcoin valued at $41 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Stronger-than-expected loan originations combined with increased transaction fees to push LendingClub’s quarterly earnings report past analyst expectations when the results went live shortly after the market closed yesterday (May 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Continuing a partnership first announced last spring, as of today Flywire and UnionPay International are announcing the re-launch of a promotional program that will offer Chinese nationals the option to use their UnionPay cards for global tuition or healthcare payments for a greatly discounted fee....
Alphabet‘s self-driving subsidiary Waymo revealed more about its ongoing partnership with Lyft, announcing plans to launch 10 of its driverless vehicles on Lyft’s ride-hailing platform in the Metro Phoenix area. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
NACHA and its Payments Innovation Alliance announced that it is working with the U.S. Faster Payments Council (FPC) to expand the Faster Payments Playbook. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
