Homeownership startup Divvy announced that it has raised $30 million in equity and debt from Andreessen Horowitz, with participation from seed investors Caffeinated Capital, DFJ and PayPal Co-founder Max Levchin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
If data is the new oil, then it could be said that retailers are sitting on data gushers. After all, they have terabytes of data flowing across their various retail channels — and then use the insights that come from it to build better consumer experiences. Get the Full Story Complete...
Amid calls to restructure or shutter the U.K.’s Financial Reporting Council, the world’s largest asset manager, BlackRock, is throwing its weight behind the watchdog. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
It will take some time to understand the true impact of U.S. tax reform on the small business community, but so far, small business owners say the overhauls have made little impact on their hiring practices. Get the Full Story Complete the form to unlock...
Small business financial services firm Bento for Business is welcoming the founder of Billtrust onto its board of directors. 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...
The Royal Bank of Scotland‘s (RBS’) chief executive is calling on U.K. regulators to introduce stricter small business (SMB) lending regulations, claiming that lax regulatory oversight is what allowed RBS to avoid punishment after a watchdog found the financial institution (FI) had unfairly treated small...
About a year ago, the CFPB, which now goes by the BCFP, dropped the final version of its payday lending regulations. This followed a nearly five-year-long process that included debates, discussions and a few out-and-out screaming contests. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
A major workers’ union in the U.S. has developed its own payroll debit card with ADP in response to proposed regulations that would impact the ability for unions to have member dues deducted automatically from paychecks. Reports in Bloomberg on Tuesday (Oct. 9) said the...
Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 percent stake in Starbucks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...