Things were somewhat quiet among the unicorns until a spate of news that hit late in the week, including top down data that shows real waning of enthusiasm among the private firms that fill the coffers of these upstart enterprises. Get the Full Story Complete...
Among the trio of large banks reporting earnings on Friday — which, individually, bested earnings estimates — Citigroup posted its gains on reboot to trading revenues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A trend of bad loans over recent years has tightened up the lending requirements of nationalized banks in India. Young Indians, those without good credit and the unbanked are increasingly turning to alternative lending startups to meet their financing needs, and India is now ranked...
JPMorgan’s results for the third quarter were above expectations, buoyed by consumer loan growth. The firm’s $1.58 a share topped the Street by 19 pennies. Investors seemingly focused on the top line, where revenues of $25.5 billion were better than the $24 billion that had...
Verizon is threatening to invoke the “material adverse clause” and to walk away from its offer to buy Yahoo in light of Yahoo’s 2014 hacking scandal. Experts say that no U.S. company has successfully used the clause to extract itself from an agreement. Will Verizon...
It wasn’t much of an earnings hurdle to cross, but Wells Fargo cleared it. 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...
Coupons — the old-school kind made out of paper — are pretty much a vestige of 20th century commerce that are waiting patiently to die out with their users. This is the conventional wisdom. Coupons were retail’s low-tech discounting solution in a world with Groupon,...
While the actual efficacy of Facebook’s ads are a hotly contested topic among the experts, Jet.com has recently come out with enthusiastic support for a platform that makes it just a bit easier to give consumers the extra handholding they might want or need when...
Another day, another potential data breach for a major retailer. Or so it seems. 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...
