Even as Helios and Matheson CEO Ted Farnsworth claims that MoviePass will be making $600 million by the end of 2018, shares of the parent company behind MoviePass plummeted to a new low on Monday (July 17). The stock plunged to 12 cents, but Farnsworth...
U.K. retail giant Debenhams said it is not in a cash flow crunch following reports that insurers have cut coverage of the company’s suppliers, reports in Euronews said Monday (July 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
BMO Financial announced a partnership with Conferma on Monday (July 16) in an initiative to link corporate customers to virtual commercial card solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Oracle’s new blockchain service for the enterprise is now live, reports in Fortune said Monday (July 16). 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 to our...
The blockchain hype-machine is driven largely from the technology’s proponents that say they have an application of the tool for everything: payments, risk mitigation, contracts, KYC (Know Your Customer) compliance, financing, cloud storage, an alternative to foreign exchange, credit underwriting. And that’s only the corporate...
A speed bump may loom in NY, where the state regulatory is drawing a bead on traditional FI/FinTech linkups, with interest rates on lending (including corporate lending) in sight. Elsewhere, not every bank is scrambling to link with a tech upstart – look to Hong...
Salesforce announced that it has signed a definitive agreement to acquire Datorama, a cloud-based, AI-powered marketing intelligence and analytics platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
U.K. bank Barclays is considering whether it should expand further into the U.S. According to The Wall Street Journal, Barclays is considering the move due to pressure from activist shareholder Sherborne Investors. Other possibilities include rolling out its U.K. payments platform in the states, as...
A new report has found that the global installed base of point-of-sale (POS) terminals grew to almost 109 million units in 2017. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
