In U.K. retail intrigue news, the U.K.’s second largest supermarket group, Sainsbury’s, has been shot down in its takeover attempt for Argos and Homebase Owner Home Retail Group. Sainsbury’s reportedly made the move in November 2015, but it was rejected. Sainsbury further noted the deal...
HSBC customers received a big apology from the bank on Tuesday (Jan. 5) after its online personal banking service was knocked offline for a second day by technical issues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
May old acquaintance be forgot indeed. That old acquaintance, dating back to mid-year 2015, the Chinese stock market rout, reared its head the first day into the new year, and helped send shivers down the spine of the U.S. markets Monday. Get the Full Story...
PayPal has made another marketplace friend abroad — this time in the Middle East. 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...
In the latest announcement of yet another sign-on to Apple Pay, Elavon, a subsidiary of U.S. Bancorp operating as a payments solution provider in Canada, now has begun offering access to the tech giant’s payments platform. Get the Full Story Complete the form to unlock...
It was widely reported in 2105 that Alibaba’s financial arm, Ant Financial, would go public in 2016, but there wasn’t a set timeframe announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
While Uber continues to expand throughout most of the world, cultural impasses are proving to be an obstacle for the ridesharing powerhouse in some regions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The growth in world trade and financial technology has carried with it the specter of trade-based money laundering. The topic has been hot enough to spark commentary by John Cassara in an interview with The Wall Street Journal published Thursday (Dec. 31). The trend led the...
One of the biggest banks in Japan, Sumitomo Mitsui Financial Group, wants to boost the level of investments in financial technology firms once it is able to do so after certain rules are lifted by regulators. Get the Full Story Complete the form to unlock...