eBay is nearing a settlement with shareholders Elliott Management and Starboard Value LP that would give each of the activist investors a board seat, with the possibility of another one in the future, according to a report from The Wall Street Journal. Get the Full...
Retailer JCPenney has decided to end a clothing subscription service as it continues to struggle financially, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Among the main virtues of this golden era of eCommerce and digital payments is speed. Seemingly instant access to extremely specific product pages. Quick browsing. Fast checkout and transactions — the fewer buttons the better. Have-it-yesterday delivery. Get the Full Story Complete the form to unlock...
With the potential for rapid growth and job creation, FinTech firms in Africa have caught the attention of global investors. According to the London Stock Exchange Group’s 2019 “Companies to Inspire Africa” report, which highlights these firms, the FinTech sector has the second highest growth rate...
N26, the FinTech startup, is gearing up to enter the Brazilian market. According to a report, N26 said during MWC in Barcelona on Wednesday (Feb. 27) that it will soon launch its retail banking business in the country. N26 had previously announced plans to enter the...
Mastercard, the global payments company, has inked a global Memorandum of Understanding (MoU) with Angaza, a last-mile distribution technology, under which the two will partner to roll out a digital payment solution that increases access to solar home systems and water pumps for emerging markets...
European Union lawmakers released a report on Wednesday (Feb. 27) recommending that the EU create a police unit dedicated to the investigation of tax and financial crimes, as well as a watchdog organization to fight money-laundering, according to a report by Reuters. Get the Full...
Go-Jek, the Indonesian ride-hailing company that is a rival to Grab, has launched services in Thailand, reported Reuters. 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...
Korea’s Financial Services Commission is gearing up to roll out new rules that would require banks in Korea to open up their payment systems to FinTech players. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
