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Wells Fargo‘s interim CEO faced critics at the company’s annual meeting in Dallas. C. Allen Parker was interrupted more than a dozen times during his opening remarks, with hecklers shouting “frauds” and “criminals” as he tried to speak. “Wells Fargo, you cannot be trusted,” one...
Wealthfront’s new cash accounts have brought in $1 billion in customer deposits since the company launched the offering in February. The accounts give customers a higher-than-average, 2.24 percent interest rate. Now, because of the company’s billion-dollar achievement, Wealthfront is raising the interest rates to 2.29 percent. “Once...
SoftBank is considering investing in German financial company Wirecard, according to Bloomberg. 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 our daily newsletter, PYMNTS Today. By completing...
Delivery company Postmates announced on Tuesday (April 23) that it is expanding and adding 1,000 more cities, bringing the total number of cities it serves to 3,500 across all 50 states, according to report by Fortune. Get the Full Story Complete the form to unlock...
Chinese technology conglomerate Tencent has invested in Argentinian mobile banking startup Uala, according to a report from 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. yesSubscribe to...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Standard Chartered Bank’s unveiling of instant digital credit issuance in Singapore. In addition, Google has debuted a rewards points program for Google Play customers in South Korea, and UnionPay International...
Corporate travel and expense management software provider Expensify is expanding its reach in Southeast Asia through a new collaboration with the region’s leading ridesharing company, Grab. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Now, when you like your credit card rewards … you can really “like” them. 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 our daily newsletter, PYMNTS...