JPMorgan is collaborating with Bora Payment Systems in an initiative that will support the adoption of virtual cards in the B2B payments landscape. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In China, digital financial services gain ground among collaborative efforts between tech-savvy upstarts and traditional players. Elsewhere, Monetary Authority of Singapore is eyeing digital-only banking licenses.
So far, one of the largest use cases for tokenization has emerged as the Initial Coin Offering (ICO) — a lucrative, if not controversial, fundraising strategy that has already led to billions of dollars in investments. Yet, ICOs have been marred by fraud, regulatory scrutiny...
The U.S. Federal Trade Commission (FTC) is eyeing tighter scrutiny of small business lending practices as Commissioner Rohit Chopra calls on the regulator to combat predatory SMB loan contracts, reports in Bloomberg said on Wednesday (May 8). Get the Full Story Complete the form to...
Singapore ride-hailing company Grab is reportedly considering a spinoff of its financial services assets, according to a Reuters report on Wednesday (May 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Human resources and payroll solutions provider The Mint Corporation issued a press release on Tuesday (May 7), notifying investors that the trading of its shares on Toronto’s TSX Venture Exchange has been halted. Get the Full Story Complete the form to unlock this article and enjoy...
Rental car company Hertz is suing some of its former executives after a $16 million settlement of financial accounting violations with the U.S. Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Starbucks seeks to track its supply chain with a bit more transparency through blockchain, from farm to cup. Meanwhile, the Monetary Authority of Singapore sees potential through the use of blockchain for cross-border payments.
Record levels of corporate debt in the U.S. have caught the attention of the Federal Reserve. According to Reuters on Tuesday (May 7), the Fed released its latest financial stability report and warned that U.S. share prices are “elevated,” while pointing to “historically high” corporate debt...
