Weeks after reports surfaced that some small business accounts at HSBC had been frozen, a result of the FI revamping anti-money laundering (AML) crackdowns, HSBC has said it is compensating some of the businesses affected. Get the Full Story Complete the form to unlock this...
The Software-as-a-Service (SaaS) startup space is no longer in the limelight, but this week venture capitalists put their own spotlight on the industry, providing more than $75 million to four firms in the sector. The companies range from product life cycle management solutions to those...
Payments processor Visa announced Thursday (Sept. 7) it has named Charlotte Hogg as the new executive vice president and chief executive officer of its European operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Amid the ongoing devastation of Hurricane Harvey are thousands of small businesses, which make up 99 percent of the city’s corporate community. As small business owners work to rebuild their lives, many with homes and property irrevocably damaged by the storm, they’re also working to...
Daily deal website operator Groupon announced Thursday (Sept. 7) the launch of Groupon+, a free to claim, cash back restaurant deals platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Credit scoring company Equifax announced Thursday (Sept.7) it had experienced a cybersecurity incident that may have impacted approximately 143 million consumers in the U.S., as well as the credit card numbers of approximately 209,000 people. Get the Full Story Complete the form to unlock this...
The Department of Justice in the Philippines has recommended that charges be lodged against a former bank manager who allegedly helped launder millions of dollars that were stolen from the central bank of Bangladesh in 2016. Get the Full Story Complete the form to unlock...
With a growing number of traditional retailers boosting their digital investments, JPMorgan has announced news of the creation of a disruptive commerce group, a joint venture between its consumer and retail and internet teams. Get the Full Story Complete the form to unlock this article...
Despite being the largest generation by population share, millennials tend to head fewer households than their Gen X and baby booming counterparts. As of 2016, millennials (ages 18 to 35 in 2016) headed only 28 million households. Get the Full Story Complete the form to unlock...
