Credit card giant American Express (AmEx) has announced it is selling its Serve platform to InComm, in a deal that gives the latter firm exclusive rights to distribute Amex’s prepaid and reloadable card products in the United States. The deal is slated for completion in early...
British consumers appear to be curbing their spending as the impact of the U.K.’s June 2016 Brexit vote continues to take hold throughout the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Even as President Donald Trump seeks to strengthen ties with Russia, times may be tough for a small subset of that country’s population — namely, hackers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Australia is blaming the growth in online banking and digital currencies like Bitcoin for a huge increase in organized crime in the country’s financial sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Wells Fargo announced Thursday (Aug. 24) it has named Beverly Anderson as head of its cards and retail services. 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...
Market research firm Gartner announced Thursday (Aug. 24) it expects 310.4 million wearable devices to be sold around the globe this year, marking a 16.7 percent increase from 2016. In a press release announcing the new forecast, Gartner said the wearable devices market will generate revenue...
Square, the mobile payments processor run by Jack Dorsey, opened its first physical, brick-and-mortar store to offer hands-on support for merchants, as well as showcase some of its hardware products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Mizuho Bank and IBM Japan announced Thursday (Aug. 24) Mizuho Bank had begun operations toward more advanced and efficient risk management. The financial institution is employing cognitive technology to take measures against financial crimes such as terrorism financing. Governments around the world have urged financial institutions...
Uber investors are trying to fight a lawsuit by shareholder Benchmark Capital against former CEO Travis Kalanick. 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...
