After its Vision Fund has invested in companies such as WeWork, Compass and Opendoor, SoftBank said on Wednesday (February 20) that it led a funding round for storage service firm Clutter. With a $200 million boost, the startup is said to have a post-investment value...
Following a switch in contractors that reportedly caused prisoners to lose access to music that they purchased, an inmate in a Florida prison is suing the Florida Department of Corrections (FDOC) in a class action suit. William Demler claims that inmates were told they could...
The distinction between firms that offer financial technology and FinTechs needs to be clearer, according to Provenir Managing Director Paul Thomas, and agility and forward-thinking are among the key differentiators. Here’s how financial tech companies can do more than just “talk the talk” when it...
Ride-hailing company Lyft is preparing to list shares on Nasdaq at the end of March, according to a report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Google admitted that it didn’t tell users about a built-in microphone in its Nest Secure home security system, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Payless, a nationwide discount shoe retailer, has won approval from a bankruptcy court to begin closing its 2,500 stores in North America, effectively putting 16,000 employees into eventual unemployment, according to reports. Get the Full Story Complete the form to unlock this article and enjoy...
Tide, the laundry brand owned by CPG Detergent, is introducing a service called Tide Cleaners, an on-demand dry cleaning and laundry service, at 1,000 locations in cities across the country, according to reports. Get the Full Story Complete the form to unlock this article and...
With cybercriminals not making as much from ransomware and cryptojacking, they have been focusing more on a strategy called “formjacking” to raise cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Estonia’s investigation of money laundering involving Danske Bank is widening to include Swedbank, 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 logins required. yesSubscribe...
