News

Banking
Wells Fargo Refunding Customers For Add-On Products
July 19, 2018

Wells Fargo, the embattled national bank, is reportedly refunding tens of millions of dollars for a range of products, including pet insurance and legal services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Global Payments
TrueLayer Secures $7.5M In Funding; United Overseas Bank Teams Up With Razer
July 19, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes United Overseas Bank Limited (UOB) and Razer Inc. teaming up to launch Razer Pay in Singapore. In addition, the U.K.’s TrueLayer has secured a new round of funding, while Lativa’s Robo.cash...

Investments
Even Snaps Up $40M In Funding
July 19, 2018

For the more than 170 million Americans who live paycheck to paycheck — three-quarters of all American workers, according to a recent survey — the idea of better financial planning can seem a bit like wanting a pet unicorn. It would certainly be nice, and...

Retail
Organic Luxury For The Newest Customers
July 19, 2018

For some entrepreneurs, innovative ideas can strike at literally any time – and for Monica + Andy founder Monica Royer, her business concept certainly hit her at an interesting time. She had just given birth to her first child when she realized she wasn’t crazy about...

Retail
Target Boasts Its Biggest Shopping Day Of The Year
July 19, 2018

Amazon wasn’t the only online retailer who had a record-breaking day on Tuesday (July 17) – Target also saw its highest single day of traffic and sales of 2018 on Target.com, as the company offered day-long deals to compete with Prime Day. Get the Full...

Retail
Nearly Half Of Merchants Offer Free Trials As Subscription Benefit
July 19, 2018

These days, eCommerce merchants are offering subscriptions for all sorts of products – from music to movies and even cars – but they face a challenge: How can they convert users into subscribers? Get the Full Story Complete the form to unlock this article and enjoy...

Retail
The Strange Spending Trends Around Sales Tax Holidays
July 19, 2018

The summer season is here, and while most of us tend to associate that with spending on sunblock, grilling meats and bathing suits, the reality, particularly for American parents, is that summer is also the time to start spending for the next school year. While...

B2B Payments
Santander Adopts nCino Platform For Faster SMB Lending
July 19, 2018

Santander Bank is adopting nCino technology to accelerate its business lending operations, the FI announced on Wednesday (July 18). 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...

B2B Payments
Spend Analytics’ Real-Time Visibility Problem
July 19, 2018

They say money talks, and if the procurement function is to show its strategic value to the enterprise, savings have to reach the bottom line. Research suggests only a fraction of the savings procurement generates actually do so, however. Get the Full Story Complete the...