Amazon, in its ongoing campaign to sell everyone everything, is getting ready to launch a slew of private label brands which will include foodstuffs such as milk, cereal, and baby food, as well as household cleaners, people familiar with the matter told The Wall Street Journal. Amazon...
The world’s largest banks are facing growing pressure among regulators to increase their lending to small businesses, but the demand for SME financial services remains unfulfilled. That gap gives some of the smaller banks and alternative finance player a chance to secure a big segment...
Small business owners, especially those in so-called Generation Z, are reportedly pushing changes to their nation’s banking sector, and not necessarily in the ways one might expect. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Basho, a database and big data company may be charting a smooth path going forward under its new CEO, Adam Wray, according to Forbes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Kantox, the London-based online currency exchange platform focused on small and medium enterprises, has raised $11 million in Series B financing from a trio of existing investors, TechCrunch reported Wednesday (May 27). Get the Full Story Complete the form to unlock this article and enjoy...
MYbank, the online financial institution tied to China’s Alibaba Group Holding, has been granted approval by the Chinese banking regulatory body to begin operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Addressing the crowd at the Sanford Bernstein Conference yesterday (May 27), Visa CEO Charlie Scharf shared some insight into the two regions of the world that the payments industry has been focused on when it comes to regulatory matters: China and Europe. Get the Full Story Complete the...
U.S. consumers seemed a little more sanguine in May on the state of the nation’s economy, as the Conference Board’s Consumer Confidence Index rose to 95.4, up from April’s 94.3 level. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Monese, the newest player in the European mobile banking startup, has yet to launch and it’s already getting the backing of some big names. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...