General Electric‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. In an announcement on Wednesday (Jan. 16), MUFG Americas and GE Capital said MUFG Union Bank will acquire GE Capital’s supply chain finance...
Banco Santander announced this week that plans to hire a new chief executive officer have been cancelled. 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...
A government working group in India has said a $5 trillion economy could be a reality for the country by 2025, with small businesses (SMBs) a key component of the roadmap it proposed to achieve that goal. Get the Full Story Complete the form to...
Senator Marco Rubio (R-Fla.) has introduced new legislation that would create federal standards of privacy protection for companies like Facebook, Amazon, and Google. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Whole Foods Market is giving up on its plan to expand its 365 stores. 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 daily newsletter, PYMNTS...
Digital bank Tandem has revealed plans to go public within the next five years. The U.K. bank said an initial public offering (IPO) would “make sense,” and there was “clearly potential for multiple unicorn valuations in the digital banking space, as evidenced by recent capital...
Go big or go home, says the logic behind much deal-making on Wall Street. 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 daily newsletter, PYMNTS...
As Marriott International recovers from a data breach, the company is rebranding its loyalty program as Marriott Bonvoy. That offering will roll out in mid-February, along with new branding and a new logo in its hotels and online, USA Today reported. Get the Full Story Complete the form to unlock this...
PwC, the global consulting firm, is warning that a move by India to place new foreign investment restrictions on eCommerce could result in a $46 billion reduction in internet-based purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
