FreightRover, a company working to accelerate B2B payments to truck operators, has secured $500 million in financing to fuel its factoring operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
On the heels of the uptake of its global payments innovation initiative, SWIFT has said it is working with Malaysian banks. Elsewhere in the payments infrastructure arena, scores of banks are signing on to blockchain via the Interbank Information Network.
BNP Paribas announced a new collaboration with a FinTech company as it looks to enhance its services for corporate treasurers. 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...
Western Union is reportedly considering a sale of its business payments operation, unnamed sources told Bloomberg on Wednesday (Sept. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Rideshare company Lyft’s revenue more than doubled in the first half of the year to $909 million. In addition, the company’s net loss increased at a slower rate than a year earlier, going up by 46 percent to $373 million. The company also lost 41...
Chegg, a technology giant specializing in textbook rental, suffered a data breach affecting around 40 million customers. According to CNBC, Chegg’s shares fell more than 12 percent on Wednesday (September 26) after the news broke. Get the Full Story Complete the form to unlock this article...
Hong Kong has launched the Faster Payments System (FSP), which allows users to send money almost instantly using a mobile number or email address as an account proxy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
India’s Supreme Court has upheld the validity of the controversial biometric security identity system Aadhaar, but still put a stop to the government’s move to make it mandatory. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Home Depot announced that it has launched express same-day and next-day local delivery for more than 20,000 of its most popular items to 35 major metros across the U.S. The new service is part of the company’s five-year expansion of its delivery offerings for DIY...
