The U.S. Supreme Court ruled earlier this year to prohibit unions from collecting fees from non-member public workers, but the government’s pressure on organized labor may not end there. Only weeks later, President Donald Trump’s administration issued a proposal that would restrict the ability for...
Danske Bank is among only the latest headlines tied to money laundering. However, according to one recent report, 90 percent of Europe's biggest banks have been sanctioned for money laundering. As more firms embrace cross-border business, KYC, AML and onboarding, scrutiny gains urgency, too.
In the battle of the payment rails, a few technologies tend to dominate the conversation. When it comes to business-to-business (B2B) transactions, paper checks are often the villain, cards an expensive but quick underdog, and ACH and its non-U.S. counterparts frequently the protagonist offering speedy...
As is often the case with big hardware events by Big Tech, the Made by Google Event was both surprising and not. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Mike Cagney first made his name in financial services as the founder and CEO of SoFi, an alternative credit startup that got its start re-refinancing student loans for graduates of elite universities. SoFi grew up quickly, expanding both the number and types of products it...
Ridesharing company Uber is considering getting back into the grocery delivery game. CEO Dara Khosrowshahi said that due to the company’s success in the delivery of food, which reached $6 billion in bookings earlier this year, it makes sense to take another look at the...
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 —...
