Britain will introduce rules for buy-now pay-later (BNPL) credit after the unregulated market spiked as consumers struggled during coronavirus pandemic lockdowns, the UK's finance ministry said on Tuesday.
Goldman Sachs Group Inc said on Friday it expects to become the issuing bank for automaker General Motors Co's credit card business, starting September this year.
Affirm Holdings Inc, a U.S. provider of installment loans to online shoppers, said on Wednesday it sold shares in its initial public offering (IPO) at $49 apiece, above its target range, to raise $1.2 billion.
Walmart Inc, the world's biggest retailer and Walt Disney Co joined other major companies in indefinitely suspending donations to U.S. lawmakers who voted against President-elect Joe Biden's election certification.
Suspected Russian hackers who broke into U.S. government agencies also spied on less high-profile organizations, including groups in Britain, a U.S. internet provider and a county government in Arizona, according to web records and a security source.