The U.K. government released its report into the Carillion fiasco and it’s damning, to say the least – though not unexpected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The fallout from what Reuters reports described as “mega-fraud” at India’s Punjab National Bank (PNB) continues, with small- and medium-sized businesses (SMBs) still struggling to access financing as the financial institution (FI) tightens its grip against risks. The publication noted Wednesday (May 16) that the $2 billion defrauding...
No more enemies, and more than frenemies. Big banks may be embracing partnerships with FinTechs. And elsewhere, a few deals cemented collaborative efforts between tech upstarts and traditional players.
Regional lender in Japan, Suruga Bank, apologized this week and admitted that staff may have knowingly processed loan documents that were falsified for a struggling property investment scheme, adding to the list of corporate scandals plaguing the country, reports in Bloomberg said. Get the Full Story...
Veea Inc. has announced a strategic partnership with CITCON, a cross-border mobile payment company, that will make Alipay and WeChat Pay available to more U.S. merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Federal Trade Commission’s new director of consumer protection has represented Facebook, Uber, and Equifax, among other companies, all of which have issues before the FTC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Churchill Downs (CDI) has announced a strategic partnership agreement with SBTech to use their integrated technology platform for CDI’s new iGaming and sports betting operation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Ant Financial, the Chinese payment affiliate of Alibaba, has more than 600 million users, the first time the company has said how large its business is. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Ocado, the U.K. online supermarket operator, has inked a deal with Kroger in which it will be its exclusive partner in the U.S., giving it an entry in the U.S. market. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
