As corporates in the U.S. are feeling confident about their markets and the overall economy, forecasts for revenue growth are muted, the hiring climate is tough and security threats loom. Organizations have always felt the pressure to remain on the cutting edge of technology, but...
Alternative small business lending platform OnDeck is expanding financing to businesses in Canada and Australia, the company announced on Wednesday (July 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Hong Kong’s central bank is digging its heels deeper into blockchain with plans to launch a trade finance platform in cooperation with seven banks, reports in Reuters said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Consumer Financial Protection Bureau (CFPB) has announced that Paul Watkins, a lawyer, will lead the agency’s newly created Office of Innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Earlier this year, DoorDash received a $535 million investment from SoftBank, Sequoia Capital and Singapore-based sovereign wealth fund GIC, bringing the food delivery company a $1.4 billion valuation. DoorDash plans to use the funding to expand into additional cities this year. Get the Full Story Complete the...
It’s a phrase that can cause several types of jobsite headaches — stepping away from a project to hit a hardware store with petty cash, for instance, or calling the boss to gain approval to go over a card spending limit. “Spend management” is hardly the...
It’s no secret that banks and FinTechs are collaborating at a rate faster than ever before. Where once traditional finance companies viewed tech-driven service firms with caution and even a bit of skepticism, the realization more recently has been that joint efforts can reap dividends....
Banks are increasingly turning to AI as they look to gain an edge over their competition. In fact, over 80 percent of banks with more than $150 billion in assets have explored use of technology, and experts predict banks will invest more than $57 billion...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Coverage includes a deeper look at Google’s high-cost headache in Europe, along with a story about Target embracing emojis. Microsoft has a new bounty program, Amazon keeps on keeping on...
