Stefan Siegel’s path to entrepreneurship has been a bit more twisty than the average. Before founded Not Just A Label (NJAL) in 2008, he was a soldier, a model and a financier working for Ernst & Young and Sal. Oppenheim in Switzerland and the Merrill...
Demand for the Apple Watch could cut into sales for the slowing traditional watch space this holiday season: Citizens Bank noted that the company is taking a larger slice of spending for discretionary products, 9to5Mac reported. Get the Full Story Complete the form to unlock...
When Ani Torosyan walked into her mother-in-law’s kitchen on any given day, there would always be a humongous pot of food, and she would always ask why she makes enough to feed the whole block. That question summed up a lightbulb moment for the entrepreneur:...
Headlines tied to the General Data Protection Regulation (GDPR) as of late have been focused on what possible fines might be levied against British Airways amid last month’s news of a data breach that touched 380,000 customers. The fact remains, though, that the ledger of...
A top infrastructure lender in India is now being questioned by regulators over its $12.6 billion debt, just months after creditors gave the lender a seal of approval. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A new survey from Bank of America Merchant Services shines a spotlight on the increasing concerns — and increasing costs — of data breaches. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
As financial institutions (FIs) invest in technology in an effort to position themselves more competitively against FinTech firms, the development of so-called chat bots and “robo advisors” has accelerated. Projects from Wells Fargo, JPMorgan Chase and RBS have all surfaced in recent years, as FIs deploy...
What does small business (SMB) lending look like? It depends on many factors, including one’s location. For example, alternative finance in the U.K. seems to be kicking off, showing evidence of surpassing traditional bank lending at many times. Meanwhile, in the U.S., SMBs are too...
Late payments are on the rise in Eastern Europe, according to Atradius’ latest report on global debt collection practices — and late payments are being used as a form of financing. Elsewhere, in the United Kingdom, late payments are impacting healthcare.