News

Banking
Wells Fargo CEO Search Could Hurt Turnaround
April 10, 2019

Wells Fargo, the embattled national bank that is still reeling from a 2016 fake account scandal, is having a hard time recovering and rebuilding its reputation, leaning on cost cuts amid declines in revenue. Get the Full Story Complete the form to unlock this article...

IPO
Uber Aims To Raise $10 Billion Via IPO
April 10, 2019

Uber, the ride-hailing app that is eyeing an initial public offering in May, is looking to raise $10 billion via the offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
Pinterest To IPO In $15-$17 Range
April 10, 2019

Pinterest announced that it will list on the New York Stock Exchange at between $15 and $17 a share, bringing the company’s potential valuation to $11.3 billion. While this falls below the $12 billion price of its most recent private share sale, some analysts have commended...

Europe
French Lower Parliament Passes Big Tech Tax Bill
April 10, 2019

France’s lower parliament has passed a proposed tax that targets the revenue of tech giants like Google, Amazon and 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....

Banking
Chase On Gen Z, Mobile Banking — 10 Years In
April 10, 2019

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 this form, you agree to receive marketing communications from PYMNTS and...

Cross-border Payments
No-Deal Brexit Will Slash 3.5 Pct Off UK GDP
April 09, 2019

The International Monetary Fund (IMF) warned on Tuesday (April 9) that a no-deal Brexit would sacrifice between two and three years of normal economic growth for Britain’s economy between now and 2021, according to a report from Reuters. Get the Full Story Complete the form...

Banking
BNY Mellon Adds Three Executives To Its Digital Team
April 09, 2019

BNY Mellon announced  Tuesday (April 9) the appointment of three executives to help oversee the digitization strategy at the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Global Payments
Global Payments Platform Finablr To Raise $200M In IPO
April 09, 2019

Finablr, a United Arab Emirates (UAE) payments company, is gearing up to launch an initial public offering in the U.K., aiming to raise at least $200 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Accounts Of Millennial Sobriety May Be Oversold
April 09, 2019

Have millennials started starving a segment of commerce in a socially positive way? That is the recent question on minds of trend piece writers, with the publication of a recent Atlantic article that postulates the latest trend sweeping generation Sriracha is sobriety. Added to the...