Buy now, pay later firm Sezzle's shares plunged on Wednesday after Hindenburg Research disclosed a short position, citing risky lending practices alongside a decline in customers and merchants.
The company, however, denied these allegations, calling them "misleading...
Mastercard forecasts transformation in authentication, fraud prevention and B2B transactions as cybercrime risks reach US$10tn by 2025
As global cybercrime threats loom ever larger, Mastercard has unveiled plans to reinvent digital payments security through a combination of artificial intelligence and advanced authentication systems.
The payments giant's vision extends far beyond conventional security measures,...
Mastercard and Dgpays collaborate to enhance digital payments, fostering innovation, inclusion, and financial growth across EEMEA.
Mastercard has announced a strategic partnership with Dgpays, a leading financial technology provider, to advance the adoption of digital payment solutions for consumers and businesses across Eastern Europe, the Middle East, and Africa (EEMEA).
As...
Shares of Kioxia (285A.T), opens new tab soared 14% in their market debut on Wednesday, valuing the Bain-backed chipmaker at more than 890 billion yen ($5.80 billion) and highlighting strong investor demand for the third biggest IPO in Japan this year.
Kioxia, a major manufacturer of memory chips, raised 120...
Honda and Nissan are discussing a possible merger, potentially bringing together two Japanese automaking titans that have recently fallen on hard times.
The companies said in statement that they have been in talks, but they offered no details or timeframe for when a deal – if one should develop –...
More than one-third of U.S. consumers are struggling with cash flow shortages, forcing them to make tough choices about how they pay for everyday necessities. Millennials, lower-income consumers, and those living paycheck to paycheck are especially vulnerable.
Those are some key...
A new way to shop has been gaining popularity, and may have been used for holiday gifts. More Americans are using Buy Now Pay Later (BNPL) services.
Some people have turned to the plan to avoid accumulating...
Asia-Pacific markets were mixed Tuesday, tracking mixed gains on Wall Street as investors look toward the U.S. Federal Reserve’s decision stateside.
Australia’s S&P/ASX 200 traded 0.78% higher to close at 8,314.
Japan’s Nikkei 225 and Topix fell...
After topping $1 trillion in market cap on Friday and soaring 24% for its best day on record, Broadcom’s stock jumped another 11% on Monday, driven by increased price targets from Wall Street.
The latest rally was spurred by Broadcom’s better-than-expected...
Looking to elevate the credit card experience for consumers in Uzbekistan, TBC Bank Uzbekistan (TBC UZ), a digital bank in the country, has launched its first credit card product.
Some of the benefits of the new credit product include a rapid approval process, free issue and delivery, a 55-day interest-free period, as...