Citigroup announced Monday (Aug. 13) that Jud Linville, CEO of global cards and consumer services, will leave the bank as part of executive reshuffling. According to a report in CNBC, Citigroup is overhauling the executives in its global consumer banking businesses and, as a result,...
If the world of cryptocurrencies is relatively nascent, unformed, without a clear roadmap … guess what else is equally opaque? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Based on new research from Diar, a blockchain intelligence firm, close to $100 million in cryptocurrency has been stolen via initial coin offering (ICO) exit scams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Chase Card Services and Expedia Group announced on Monday (Aug. 13) a strategic alliance that will boost the Chase Ultimate Rewards travel hub. In a press release, the companies said the alliance will also give Chase Ultimate Rewards users new capabilities and more flexibility in redeeming...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Indonesia-based Salim Group’s investment in Singapore-based Youtap. In addition, Miles Software is partnering with SBM Bank (Mauritius) Ltd. (SBM) and SBM (NBFC) Holdings Ltd., and investors are turning to gold...
Core inflation spiked 2.9 percent over the last 12 months, essentially flattening wage gains that had edged into the last several months’ economic reports. The July jump is the biggest pick-up the index has seen in a decade, and is considered another piece of evidence that...
To help avoid European Union tariffs, Harley-Davidson has said that it would take some of its production out of the U.S. The move has divided America’s bikers — and supporters of President Donald Trump — even as the president has blasted the company’s decision, The New...
The hotel business is notoriously capital-intensive: Long before a property opens, a hotelier often invests millions in obtaining a property and constructing a building. But companies such as Sleepbox seek to provide an alternative to brick-and-mortar hotels by offering modular sleeping capsules that can fit...
Loyalty rewards for shoppers are not new to the Gap, or its associated brands, Banana Republic, Athleta and Old Navy. For those who carry either the branded Gap card, or the Gap Visa (or anyone who has ever been part of a retail rewards program),...
