Chinese upstart eCommerce site Pinduoduo (PDD) is raising more than $1 billion to help compete with Chinese giants like Alibaba and JD.com, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
As part of a move to revise a payday loan regulation from the Obama era, the Trump administration on Wednesday (Feb. 6) revealed a plan to remove a provision that would make it harder for companies to provide customers with high-cost loans, according to a...
In an effort to bring customers an easier and more streamlined online car buying experience, Carvana, an online-only used car dealer, has teamed up with Bank of America, according to a release from the companies. “We always want to give our customers an exceptional experience,...
In Asia, the marquee names seem to be ones that are attracting attention when it comes to investors’ appetites — and money! — and so they are big, and getting bigger. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Bank of America announced on Wednesday (Feb. 6) the launch of Business Advantage 360, a digital dashboard aimed at helping entrepreneurs manage their business finances. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Hackers employed by the Chinese government were able to get into the network of Visma, a Norwegian software company, to steal client secrets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Tesla, the maker of green automobiles, is trying to get its branded merchandise to more consumers, reportedly by launching a store on Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Indian government is going after social media apps run by Chinese companies, gearing up to create new regulations that will force them to oversee the content being shared. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Deposit Solutions’ rollout of business-to-consumer (B2C) open banking channel Savedo in Switzerland. Yooz launched an automated accounts payable (AP) solution based on the cloud for the U.K., Mall of the...
