Jack Ma’s Ant Financial Services Group is set to close a $10 billion private fundraising round that would value the company at $150 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The U.K. is introducing new laws to make social media safer. 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 daily newsletter, PYMNTS Today. By completing...
With competition increasing from the likes of hedge funds and private equity firms that are making business loans, banks are being forced to rethink how they approach that part of the business, reported the Wall Street Journal. Get the Full Story Complete the form to...
A former deputy director of China’s development research center of the State Council, Hou Yunchun, said the country’s social credit system has to punish defaulters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Federal Communications Commission (FCC) announced late last week that it is investigating reports that websites may have enabled the location of mobile phone customers to be tracked. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In an effort to combat cyberattacks, banks are taking a military approach to their online security. 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 daily...
Huang Yiping, a member of a member of the People’s Bank of China’s monetary policy committee, said over the weekend that while China’s financial services market should be open to more foreign competition, China should take a cautious approach to doing that. Get the Full...
International invoicing, Flywire’s Mike Massaro told Karen Webster in a recent conversation, is not easy work – though from the outset, it isn’t obvious just how complicated it is. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Steve Ashbacher’s college-aged daughter doesn’t like charging things to her credit card, especially when the balance gets high — she’d rather pay cash or debit. She’s learning, though, the importance of paying down her balance regularly, and the value of the spend/repay cycle for building...
