Trust is key for any transaction, particularly when it comes to dealings between a customer and a financial institution. A mix of factors – from bank scandals to industry competition – appear to be shifting consumers’ trust levels with banks. A survey released by RFI...
Fuel conglomerate Shell has chosen commercial payments company WEX to issue its suite of commercial fleet cards in the U.S. and Canada, the companies announced Monday (June 4). Equilon Enterprises LLC (DBA Shell Oil Products U.S. and Shell Canada Products) will have WEX issue its...
Microsoft is partnering with First Bank of Nigeria to provide support for small businesses in the country, reported in Nigerian outlet The Guardian on Monday (June 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Global ratings agency Fitch warns that China’s efforts to reduce corporate debt levels will likely have a negative impact on the nation’s economy, according to South China Morning Post reports Monday (June 4). Get the Full Story Complete the form to unlock this article and...
The chairman of the U.S. Securities and Exchange Commission (SEC) is calling for more money from Congress to protect itself against “advanced” and “persistent” cyber threats. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Marqeta, the open API platform for card issuing and solutions, announced it has raised $45 million in a new round of funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Eric Ly, a LinkedIn co-founder, is raising money for a token tied to a future platform called ICOHub, CoinDesk reported. The Hub Token has raised just over $13.5 million in a Simple Agreement for Future Tokens (SAFT) sale. In all, $20 million is being offered...
Fitbit announced that it has shipped more than one million Fitbit Versa devices since they went on sale on April 16. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The PayPal service Xoom announced that it has increased its send limits to $25,000 USD per transaction for over 50 countries, including India, Canada, the United Kingdom and the Philippines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...