The megamergers of 2019 have been reshaping the payments industry. For merchant services, especially, the chessboard looks much different. Daniela Mielke, CEO of RS2 North America, weighs in on why, for incumbent players tied to legacy systems and processes, scale is not enough — not when tech...
Opendoor, the startup that operates an online platform for buying and selling homes, “is reshuffling staff and scaling back on a time-honored startup perk: free lunch,” according to a report from Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...
To continue fueling its transformation and focus on priorities of a regulatory nature, Wells Fargo has reportedly formed a new office. The Strategic Execution and Operations office, which is led by Derek Flowers, is said to be made of multiple teams, Seeking Alpha reported. Get...
The Trump administration claims that its plan to roll back some federal rules will lead to an increase in Americans’ household incomes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
June was a busy month for cross-border payments — done across currencies and time zones, between consumers and corporates. Going by a simple perusal of headlines, cross-border was, has been and will be in the cross hairs of many a payments player, across many a...
The central bank in Singapore has announced that it will issue five digital bank licenses to eligible applicants, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
An Italian data protection regulator hit Facebook with a fine of €1 million ($1.1M) for violating local privacy laws in relation to the Cambridge Analytica scandal, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Malls are not exactly the hotspots of coolness and retail activity they once were. But operators of some of those shopping destinations continue to wield investment power as malls undergo remakes for the 21st century. Among the latest examples of that trend comes from Simon...
People who use Polish payment system BLIK will soon be able to pay for things like Netflix and Uber with it, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
