WeBank, the online finance operation that is owned and operated by Chinese tech giant Tencent Holdings, will seek to raise as much as $1 billion in an effort to boost its lending business and also its ancillary financial services, Reuters reported on Wednesday (Nov. 18)....
From Canada to Australia, Apple Pay has gone global this week. 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 Today. By completing...
The Consumer Financial Protection Bureau has taken action against Integrity Advance, an online lender, and James R. Carnes, the chief executive officer of the firm. The bureau has charged that Integrity Advance deceived its consumers about the cost of short-term loans, especially in the event...
The bitcoin community just got the opportunity to get a bit more charitable. 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 Today....
The payments landscape has moved light years beyond the traditional days of keeping cash on hand, in the till, ready to make the correct change to a customer who has in turn proffered legal tender in coins and bills. Now, retailers, merchants and their financial...
Companies can lower costs and boost innovation within payments functions, says the Hackett Group's Lynne Schneider -- all it takes is some nimbleness.
Square set its IPO price at $9 per share on Wednesday, Nov. 18, which was below the expected price range.
Tech’s fabled unicorns have had a rough go of it recently, and Square looks poised to join their trouble lot, amid muted expectations for its IPO and still-lofty valuations.
Since its inception, Apple Pay has been accepted at Whole Foods, which is a good thing for the iPhone owners of the world who want to eat healthful, organic and socially just food. Get the Full Story Complete the form to unlock this article and...
