News

B2B Payments
Commerce Department Taps R3, Mastercard For Trade Finance Council
March 15, 2019

The U.S. Commerce Department is expanding its Trade Finance Advisory Council (TFAC), having recently appointed 21 new members to the group in an effort to explore innovation in and access to trade finance. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Global Investors Eye AltFin, HR Tech With B2B Investments
March 15, 2019

The more than $69 million raised by B2B startups this week came from across the globe, including Israel, the Netherlands and Singapore, to name a few. Investors targeted the alternative small business lending market, particularly in the trade finance arena, but it was the human...

Banking
Rep Waters Backs Ouster Of Wells Fargo CEO Over Bonus
March 15, 2019

U.S. Representative Maxine Waters (D-CA) called for Wells Fargo CEO Tim Sloan to step down from his job after it was revealed that he received a $2 million bonus last year. The bank disclosed Sloan’s compensation this week, including the fact that he received a...

IPO
Uber Eyes April IPO Debut
March 15, 2019

Sources have revealed that Uber is planning to launch its initial public offering (IPO) in April. According to Reuters, Uber will issue its required public disclosure next month, then start its investor roadshow. Uber declined to comment on the report. Get the Full Story Complete the...

Latin America
US Mulls Banning Visa, Mastercard From Processing In Venezuela
March 15, 2019

The U.S. might prohibit Visa, Mastercard and other financial institutions (FIs), such as SWIFT, from processing transactions in Venezuela. 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...

Payment Methods
What Is The Perfect Payments Experience?
March 15, 2019

Here’s an exercise that may come off as too academic – like a debate over how many angels fit on a pinhead – but is really among the most vital for not only PYMNTS readers, but pretty much any other business operators: What is the perfect...

Banking
Paytm Launches New Mobile Banking App
March 14, 2019

Paytm, the India-based eCommerce and digital wallet company, has announced a new mobile banking app called Payments Bank, according to reports. The app, available for download in the Google Play store and coming soon to iOS, will allow customers to check balances, request debit cards,...

Banking
JPMorgan CEO: Europe Needs Pan-European Banks
March 14, 2019

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said European banks should look beyond their borders for mergers to take advantage of the full economic power of the region, according to a report by Bloomberg. Get the Full Story Complete the form to unlock...

Payment Methods
Sephora Stores Launches Its First Credit Card
March 14, 2019

Sephora, the Paris-based french multinational beauty retailer, announced on Thursday (March 14) the launch of a new credit card program in San Francisco, California. The company said in a press release that starting in the spring, it will offer the Sephora credit card, Sephora stores...