News

Payments Innovation
How GDPR Is Testing The Homesharing Market
April 24, 2019

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Banking
Hecklers Taunt Wells CEO During Annual Meeting
April 24, 2019

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...

Banking
New Wealthfront Cash Accounts Bring In $1B Since Feb
April 24, 2019

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...

Investments
SoftBank Mulls Stake In Wirecard
April 24, 2019

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
Postmates Expands Delivery To 1,000 More Cities
April 23, 2019

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...

Investments
Tencent Invests In Argentinian Mobile Banking Startup
April 23, 2019

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...

Global Payments
Standard Chartered Unveils Digital Card Issuance; UnionPay Inks Cooperation Agreements
April 23, 2019

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...

B2B Payments
Expensify Integrates With Grab
April 23, 2019

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...

Loyalty & Rewards
Social Media Lures Credit Card Giants – And Their Advertising Spend
April 23, 2019

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...