News

Banking
Wells Fargo Overdraft Fees To Decline As It Projects A Friendlier Face
May 11, 2018

Wells Fargo, the embattled bank, warned investors at the company’s investor day meeting Thursday (May 11) that it won’t make as much in overdraft fees and other charges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
EVO Payments Prices IPO In $14 to $16 A Share Range
May 11, 2018

EVO Payments International announced on Thursday (May 10) that it has launched a roadshow for its initial public offering. 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...

Security & Fraud
Rabobank Former Execs Could Face Charges Over Alleged Drug Money Coverup
May 11, 2018

Rabobank‘s former Chief Executive Officer John Ryan could face criminal charges from the Justice Department. According to a report in the American Banker, the former general counsel and past compliance chief for Rabobank could be charged with obstructing the U.S. bank examiners’ investigation into the...

Cross Border Commerce
Streamlining The International Tuition Payment Process
May 11, 2018

For the more than one million international students studying in the U.S., navigating the admissions process can mean encountering a cross-border tuition payments landscape riddled with friction. In fact, says Michelle Larson-Krieg, the University of Colorado Denver’s international student director, for visiting students the process...

Artificial Intelligence
Trump Administration To Form New AI Task Force
May 11, 2018

The White House has announced the creation of a Select Committee on Artificial Intelligence. 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...

Risk Management
Crowe Horwath: ‘Risk Sandboxes’ Bolster Innovation While Managing Compliance
May 11, 2018

Innovation implies a break from the conventional ways of operating a business. Ultimately, innovation is oxygen for companies in almost any vertical, as competition demands new products and services, improving customer experiences in unexpected ways. Get the Full Story Complete the form to unlock this...

Payment Methods
In Hawaii, Streamlined Mass Transit In The (HOLO) Cards, Beyond The Paper Pass
May 10, 2018

You may be familiar with the drill: Get on the bus — or the train — and get out the ticket. The paper one, the one that gets punched (yes, that’s still a thing!) or gets put in the slot to log your fare and is...

News
Five at Five: Sears Looks To Amazon For Some Verve
May 10, 2018

Welcome to Five at Five, your late look at some of the freshest payments news of the day. Today’s stories include a new deal Sears signed with Amazon, a digital gifting acquisition and a new robotic kitchen. Additionally, a major fashion retailer is embracing Big Data,...

Delivery
Last Mile, Last Few Feet Means Thinking In Bulk For Delivery Players
May 10, 2018

The new mantra in last mile might be: Go big or go home. And it might be enough to change how some of the marquee names in delivery deliver more than just the goods. Get the Full Story Complete the form to unlock this article...