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As India’s first billion-dollar share sale in more than two years and the only credit card firm in the nation to go public, SBI Cards and Payment Services Ltd.’s float may exceed the $1.4 billion target. The question is by how much in the face of the coronavirus outbreak.March 3
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Better-than-expected trading results also helped to boost net income.October 15
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States are just beginning to regulate cryptocurrency as a credit collateral for lenders. More can be done.October 3
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Glint has launched a U.S. version of its European gold-based debit Mastercard and app that creates an alternative currency for long-term savings as well as for use in spending on everyday transactions.July 29
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As Facebook's Libra takes shape, Federal Reserve Chairman Jerome Powell says he is "not too concerned" about the impact on central banks.June 19
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The initial public offering of payment-service company Nexi SpA raised 2.01 billion euros ($2.3 billion), making it the biggest listing in Europe so far this year and the third major IPO of a payment-processing institution in the region in less than a year.April 12
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Over time, Pinterest has built a powerful e-commerce and payments engine underneath its social network site. This enables any Pinterest post to double as a portal for commerce — one that is especially powerful on mobile.April 11
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A new feature from the microinvesting app Stash allows users to accumulate free stock in the companies where they spend money.March 26
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The rewards card offered by the fintech Stash will let users accumulate stock of companies at which they frequently shop. The company said Tuesday that it has raised $65 million from investors and will offer the card in partnership with Green Dot.March 12
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The move, reported by The Wall Street Journal, could be part of a deeper foray into cobranded cards by Goldman, which has been expanding into consumer finance through its Marcus unit.February 21
