When JPMorgan Chase announced plans earlier this year to open 400 new bank branches, some analysts were surprised. Financial institutions (FIs) in the U.S. have been steadily shuttering their physical locations since the financial crisis, favoring digital platforms to serve their customers and cut costs....
Know Your Customer (KYC) regulations are tightening, but due diligence goes both ways in the buyer-supplier relationship, leading to a rise in Know Your Supplier efforts, too. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Merchant services provider Century Business Solutions is enhancing its payment processing tool, EBizCharge, integrated into the NetSuite ERP platform. A press release Monday (Aug. 20) said updates to its EBizCharge for NetSuite solution include enhanced integration of payment data, enabling companies to automatically have line-item...
The phrase “retail therapy” exists for a reason — there is something about making a purchase that has the mysterious power to elevate one’s mood. And while it sounds like something one might make up to justify overspending — “my mental state required those designer...
Senator Elizabeth Warren has come out swinging against U.S. corporations with a new proposal that would force the owners of successful companies to give “at least” 40 percent of their ownership rights to employees. Get the Full Story Complete the form to unlock this article...
The Tesla saga may have a ripple effect — up and down the supply chain. The Wall Street Journal (WSJ) reported that the automaker has had number of speed bumps, which has some of its suppliers worried about the firm’s financial condition. One of the key corporate events that...
Ant Financial’s highly-anticipated IPO has been delayed once again, with one source saying the public offering could be “years” away. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Zippin, the cashierless store operator, is beating Amazon and its Amazon Go stores to the punch, opening up its first cashierless store in San Francisco. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Verifone Systems announced that it has been acquired by an investor group, led by technology firm Francisco Partners. The $3.4 billion acquisition, previously announced in April, closed and became effective on Monday (Aug. 20). Other investors included Canadian firm British Columbia Investment Management Corporation (BCI). Qatalyst Partners is serving...
