China has ordered a lockdown of Beijing’s financial district Monday (August 6) to prevent individuals from protesting a crisis in the peer-to-peer (P2P) lending marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Singapore’s Cabinet Minister for Communications and Information S. Iswaran said on Monday (Aug. 6) that the cyberattack that infiltrated 1.5 million health records in the country last month may have come from attackers who are state-linked. Get the Full Story Complete the form to unlock this article and...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the rollout of GoCardless in Australia through a partnership with Xero. In addition, the U.K.‘s Manchester United is teaming up with mobile betting and gaming brand MoPlay, and Iran is relaxing currency rules. Get the...
The ongoing MoviePass drama continues this week — the firm is working hard to regain its footing after a destabilizing few months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Monzo, the digital bank, announced Monday (Aug. 6) that it is making its bank accounts open to anyone in the U.K. between the ages of 16 and 17. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
It was no surprise that FinTech dominated regulatory headlines this past week, with a Treasury report that helped set the stage for a sea change in how these financial upstarts might be both governed and cultivated. Get the Full Story Complete the form to unlock...
While economists had predicted that hiring would slow this year, U.S. employers have been expanding their payrolls, adding an average of 215,000 jobs per month through July. By comparison, employers added 184,000 jobs on average over the first seven months of 2017, the Wall Street Journal reported....
After 12 years – and a recent spate of run-ins with activist investors – Pepsi CEO Indra Nooyi will step down from leading the food and beverage firm. She will be succeeded in the role by Pepsi President Ramon Laguarta as of October 3. Nooyi will remain...
Digitally native brands are trying on a new brick-and-mortar model for size: Instead of opening the doors to cavernous stores, they are opting to create smaller-format locations. When Indochino made the transition from a digital-only to an omnichannel retailer, for example, the Canadian fashion brand...
