California-based Branch International, a startup providing mobile-first financial services, announced $70 million in funding. 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...
Law enforcement in South Korea is looking into Youbit, the South Korean bitcoin exchange that was the subject of a heist that brought the exchange down, and are investigating the prospect that North Korea may have been involved. Get the Full Story Complete the form...
As Credit Karma seeks to move beyond credit reports and become a financial assistant, the company said on Wednesday (March 28) that Silver Lake bought equity in the company. The fund invested $500 million in Credit Karma, which has been around for more than a...
Overdraft fees have reached their highest level since 2009, which was at the end of the Great Recession. Consumers paid $34.3 billion in overdraft fees during 2017 compared to $33.3 billion in 2016, The New York Post reported. Get the Full Story Complete the form...
In an effort to comply with local laws and regulations in China, Airbnb has announced that it will start sharing information with the Chinese government in a few days. As of March 30, the home sharing company may give Chinese authorities information “without further notice,”...
Marking the second cyberattack on a large U.S. municipality in one week, hackers managed to break into Baltimore’s dispatch system that supports emergency calls. Baltimore CIO Frank Johnson called the hack a “limited breach,” Reuters reported. Get the Full Story Complete the form to unlock...
Porsche Passport, the luxury car maker’s subscription service that enables users to access Porsche cars through a mobile app, is luring in younger-than-expected drivers, reported CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
How to make contact with the idea of contactless? How to bring the mobile wallet to the U.S. in a way that makes a splash at a level seen elsewhere across the globe, especially in Europe? Get the Full Story Complete the form to unlock...
Not with a bang, but with a whimper: That’s how Gene Neyer, chief strategy officer at Icon Solutions and this week’s Commander in Chief, says real-time payments technology will overtake the industry. Such major shifts, he said, don’t happen dramatically. Rome wasn’t built in a...
