News

CFPB
CFPB Proposal On Remittances Offers Exemptions For Banks, CUs
December 03, 2019

In the years ahead, might there be a greater number of smaller financial institutions (FIs) offering remittance services? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

B2B Payments
Uber Partners With Amex To Offer Rewards For Corporate Riders
December 03, 2019

Uber and American Express have partnered to offer businesses rewards whenever they pay for rides using a corporate American Express Card, The Points Guy reported on Monday (Dec. 2).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

News
Top News In Payments: Wells Fargo Appoints COO; Visa Names New Partners To Help FinTechs
December 03, 2019

In today’s top payments news, Wells Fargo has selected former Santander head executive Scott Powell to be its new chief operating officer. Also, Visa is working with four global finance firms to help FinTechs issue plastic as well as digital payments. And London’s digital unicorn Monzo has appointed TS Anil to...

Ridesharing
Bolt CEO: Ride-Hailing Firm Nearing Profitability In Most Markets
December 03, 2019

The CEO of Bolt, an Estonian-based ride-hailing company, said his company is beginning to see profitability in most of the markets in which it operates, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
Trump Administration Mulled Excluding Huawei From US FIs
December 03, 2019

The Trump administration thought about removing China’s Huawei from the U.S. financial network earlier this year, Reuters exclusively reported on Tuesday (Dec. 3), citing three sources.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Piper Jaffray Analysts Bullish On Facebook
December 03, 2019

Piper Jaffray analysts gave Facebook a bullish initiation and overweight rating, citing the social media giant’s finesse in handling bad press while at the same time leveraging investments, The Street reported on Tuesday (Dec. 3). Get the Full Story Complete the form to unlock this...

Retail
Turning The Workplace Into Shopping Space With Fashion On Demand
December 03, 2019

In some ways the digital era has done a very efficient job of disrupting traditional apparel shopping patterns by making it much easier to spot items online and get them delivered to one’s door. In fact, any number of permutations and innovations have been thrown...

Retail
PayPal’s Honey Deal Shows Appeal Of Price-Tracking Apps
December 03, 2019

In retail these days, it’s all about the ecosystem, and it’s also sometimes about rewards and discounts. The latest sign of that comes from PayPal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
US Could Apply Tariffs On French Products
December 03, 2019

The U.S. is reportedly moving ahead with tariffs that could be as much as 100 percent on French products. U.S. President Donald Trump and French President Emmanuel Macron, however, had initially come to a deal on France’s tax on tech companies, according to reports. Get the...