May 21, 2019
China’s Corporate Cash Crisis Worsens

The crisis that has hit China’s corporate community is worsening after the suspension of trading of Kangmei Pharmaceutical shares, The Wall Street Journal reported Monday (May 20). Kangmei is one of...

May 21, 2019
NY AG, Mayor Launch Inquiries In Taxi Industry Practices

The New York Attorney General’s office and New York Mayor Bill de Blasio have both ordered investigations into the practices of the taxi industry that has resulted in drivers saddled...

May 21, 2019
SEC Only Collects Half Of Fraud-Related Fines

New data shows that the U.S. Securities and Exchange Commission (SEC) has only collected 55 percent of the $20 billion in fraud-related fines it imposed over the last five fiscal...

May 21, 2019
Resisting The Temptation To ‘Rule’ In Small Biz Credit Decisions

Machine learning and artificial intelligence can help smooth business processes and eliminate reliance on paper-based and manual operations. Prashant Fuloria, COO at financial technology firm Fundbox, tells PYMNTS that when...

May 20, 2019
Wagestream Raises $51M To Help Workers With Payday Gap

Wagestream, a U.K. startup, has raised $51 million (£40 million) to help U.K. workers who only get paid once a month but need to draw funds from their wages, according...

May 20, 2019
Warburg Pincus In Talks To Buy NCR

NCR, the payments company that makes self-service kiosks, point-of-sale terminals and automated teller machines, among other payment devices, has reportedly tapped Bank of America Equities to find a buyer. Seeking...

May 20, 2019
Keeping App-Based Brokerages Secure

Millennials aren’t investing as much as older generations — but engaging with them on their smartphones, which they’re always on, could change that. Providing that mobile experience, however, requires navigating...

May 19, 2019
Taxi Drivers Driven To Bankruptcy Over Medallion Loans

The New York City taxicab industry has been suffering, with a series of suicides plaguing taxi drivers over the past year as they struggle with debt and financial strife. While...

May 17, 2019
The Whole Paycheck Tracker: The Race For One-Day Shipping Dominance

When Amazon announced about two weeks ago that Prime’s free two-day shipping was about to become Prime’s one-day shipping, it certainly got the world’s attention. The main and most alluring perk...