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...

Regulation
Senator Warns Tech Breakup Opens Door To China
April 10, 2019

Sen. Mark Warner believes that breaking up big tech companies like Facebook and Google could make way for competition from overseas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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....

Security & Fraud
Medical Equipment Cos Charged In $1.2B Healthcare Fraud
April 10, 2019

U.S. authorities announced that they have charged a number of individuals in connection with one of the biggest healthcare frauds ever prosecuted in the nation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Digital 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...

Regulation
Social Media Bill Would Ban Covert Data Collection
April 09, 2019

Two American senators want to crack down on social media companies that they say trick underage users into giving up personal data, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
New Wire Fraud Scam Reroutes Direct Deposit Paychecks
April 09, 2019

A new type of phishing scam targets the HR departments of companies and asks for reroutes on direct deposit accounts, CNBC reported. Once the changes are made, a paycheck will go directly into a criminal’s account. Get the Full Story Complete the form to unlock...