Authorities in the United Kingdom have warned that there are Instagram posts that promote false “get rich quick” investment scams, and that the schemes have already tricked hundreds of people out of an average of about £9,000, according to reports. Get the Full Story Complete...
Bank of America will drop the Merrill Lynch name from its trading and investment banking outfits, according to reports. 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...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Hong Kong-based Tappy Technologies‘ collaboration with the Timex Group. U.K.-based Juniper Research is projecting that contactless payments will be on the uptick, Sage is teaming up with FinTech Modulr...
California Representative Maxine Waters has written an open letter to employees of the Consumer Financial Protection Bureau (CFPB) and urged them to provide information and assistance from inside the organization, according to reports. Get the Full Story Complete the form to unlock this article and...
Though the Chinese economy is slowing, and stock markets may be viewed by at least some observers as lofty, reports surfaced Sunday (Feb. 24) and Monday (Feb. 25) that China’s largest insurer (as measured by market cap) aims to take its OneConnect financial management unit...
Victoria’s Secret is facing new competition, this time from Target, which is gearing up to enter the lingerie and sleepwear market. According to a report in CNBC, Target will launch three lines of lingerie and sleepwear this spring in direct competition to Victoria’s Secret. The...
Roadie, the on-the-way delivery service, announced Monday (Feb. 25) it raised $37 million in a funding round. 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...
The Federal Trade Commission announced it has resolved its investigation of online lender SoFi, following a public comment period. 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...
From cars to clothing and fresh produce, merchants are adopting the subscription business model for all sorts of products and services. Before these retailers onboard new customers, however, they have to convert shoppers into subscribers. To make this transition happen, merchants are adopting a multitude...
