News

Security & Fraud
Equifax’s Chief Legal Officer Investigated Over Post-Breach Shares
November 07, 2017

A special committee at Equifax is now investigating its chief legal officer and his role in approving share sales made by four executives days after the company learned of its massive security breach. Get the Full Story Complete the form to unlock this article and...

Partnerships / Acquisitions
Wells Fargo Teams With Expensify, PointServ To Push Data Exchange
November 07, 2017

Wells Fargo said Monday (Nov. 6) that it had forged agreements with two firms to help reconfigure the data exchange models that exist to share customer information with third-party services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

News
1M People Duped By Fake WhatsApp
November 07, 2017

Google’s app store was infiltrated by a fake WhatsApp application late last week that more than 1 million people downloaded. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Merchant Innovation
Will.i.am Jumps Into Voice-Activated Voice Assistants
November 07, 2017

Pop-star, entertainer and all-around renaissance man will.i.am has found his new passion — corporate computing and voice assistants. 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...

Banking
OCBC Lets Users Bank Via Facial Recognition
November 07, 2017

Singapore’s OCBC Bank announced news on Monday (Nov. 6) that it has rolled out a facial recognition enhancement to its consumer and business banking apps for Apple’s iPhone X users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Mobile Commerce
ALDI, Venmo Team On Thanksgiving Campaign
November 07, 2017

ALDI, the grocery retailer, and Venmo, the peer-to-peer (P2P) mobile payment app company, announced news on Monday (Nov. 6) of a new campaign that lets Americans give 1 million meals to families in celebration of “Friendsgiving.” Get the Full Story Complete the form to unlock...

South East Asia
Foreign Card Firms May Need Local Partners To Set Up Shop In China
November 07, 2017

The push of U.S.-based credit card companies to finally gain access to the Chinese mainland has hit yet another bump. Reuters reports that the Chinese government is pushing foreign payment card companies to form local joint ventures for onshore operations, said three people familiar with the...

Ridesharing
Softbank CEO Says He Can Walk Away From Uber Investment
November 07, 2017

Masayoshi Son, the head of SoftBank who is in talks to make a big investment in ridesharing company Uber Technologies, warned he could walk away. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Alternative Finances
Taking A Credit-First Approach To Alt Lending 
November 07, 2017

Those who are fortunate enough to have access to credit often take it for granted. Imagine if your car broke down, your child needed school supplies or your father passed away and you couldn’t afford the funeral, but banks didn’t want to work with you...