Amazon, the eCommerce giant in the U.S., has received a patent for a shipping label that can be embedded in a parachute so that packages can land softly when they are dropped by a drone or other aircraft. Get the Full Story Complete the form...
Bank of America announced Tuesday (May 30)that it bas launched new capabilities for mobile clients to complete the auto financing process with the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Line, the maker of a digital chat app in Japan, disclosed on Tuesday (May 30) that close to half of its domestic chat app users are also using its payment app. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In the annals of investing, only a few companies get to cross stock price levels that are headline-inducing and psychologically pleasing (investors long for those companies). Amazon joined that club, intraday on Tuesday (May 30), when its common shares crossed $1,000 (changing hands at $1,001.20),...
Citigroup announced Tuesday (May 30) it has appointed Manish Kohli as the global head of its payments and receivables business. 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...
The co-creator of Google’s Android mobile phone operating system, Andy Rubin, rolled out a new company dubbed Essential Products that will sell a high end mobile phone and a home assistant gadget. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Wells Fargo is re-shuffling the deck after a huge scandal last year left the bank playing 52-card pickup. Under the watch of the former head of the retail business, Carrie Tolstedt, employees created as many as 2.1 million fake accounts in customers’ names to meet...
The inconsistent start to 2017 from an economic perspective may be starting to even out some as the most recent consumer spending report indicated that consumer spending increased by the most it has all year in April. Get the Full Story Complete the form to...
Mobile payments reached $5.5 trillion in China in 2016, representing more than half the country’s total gross domestic product. 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...
