Online banking startup Chime has been hit with an outage that has left its 5 million customers with no access to their money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The French payment processor Lemon Way has announced a near-$28 million (€25 million) investment round by the multi-asset fund management firm Toscafund, Aithority reported on Thursday (Oct. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Nestlé said it is going to return $20.2 billion to its shareholders over the next three years as it continues a turnaround to become more profitable and focus on its businesses that work. Get the Full Story Complete the form to unlock this article and...
In today’s payments news, China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. Also, Mastercard has outlined its intentions with blockchain following its high-profile Libra Association exit. And Apple Pay is reportedly being investigated by the European Commission....
Galileo, a FinTech whose APIs help run companies like Chime, Robinhood, Monzo, Revolut, TransferWise and Varo, has announced a $77 million Series A funding round led by Accel, with participation from Ryan Smith, the CEO of Qualtrics. Get the Full Story Complete the form to...
Goldman Sachs has lowered employee compensation as it focuses more on offerings like the Apple Card to help it continue to grow revenue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
U.S. Bank is launching its new eBill Service in collaboration with FinTech firm Alacriti to offer billers and payers simplified, faster payments, the bank said in a press release on Thursday (Oct. 17). Get the Full Story Complete the form to unlock this article and...
Interbrand’s 20th annual “Best Global Brands” report is missing a familiar tech company in the top 10 list — Facebook. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Italian luxury furniture brand Natuzzi has not historically been known for high-tech offerings. Founded in 1959 by Pasquale Natuzzi, the brand’s began as a three-man shop dedicated to building handmade furniture for a local open-air market. Pasquale Natuzzi still heads the brand today, 60 years...