Ahead of its scheduled congressional hearings in the coming week, Wells Fargo & Co. debuted the concept of two new bank accounts that set limits on the amount of fees that can be charged to customers. One account will limit overdraft fees to once per month and...
The business of fashion shows is struggling this week, but fashion retailing is not. Already eCommerce figured to play a major part in the various fashion weeks across the globe this week and next due to new technology and a willingness for designers to make...
The British accounting software company Sage is offloading its operations in Brazil in a deal estimated to be valued at £1 million, plus deferred consideration of up to £9 million, according to reports on Tuesday (March 3). Get the Full Story Complete the form to...
As part of a broader effort to bring the newest innovations to its operations, the National Bank of Fujairah PJSC (NBF) has teamed with blockchain firm Ripple to enable cross-border payments via the RippleNet platform. Clients of the bank will now have the ability to...
Online marketplace and auction site eBay is looking to unload its South Korean unit, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Silicon Valley payments FinTech Brex opened its first international office, a technology hub in Vancouver, Canada with a 40-person workforce, the company announced on Tuesday (March 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In today’s top news, Apple manufacturer and supplier Foxconn has returned to production, the Department of Justice charged two Chinese nationals with laundering over $100 million in cryptocurrency, and TurboTax’s deal to buy Credit Karma has sparked antitrust concerns. Get the Full Story Complete the...
To continue supporting technology in regions all over the world from North America to Southeast Asia, Leonid Boguslavsky-founded RTP Global unveiled a new $650 million fund to keep investing in early-stage tech companies. The venture capital firm’s last fund totaled $200 million and was rolled...
Global FinTech payments firm Fiserv announced on Tuesday (March 3) that it has acquired MerchantPro Express to help it advance the merchant services division of its business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
