B2B Payments
Global Exchange Expands Payments, Invoicing Services
December 20, 2017

Global Exchange is expanding its global payments services designed for the professional services space and broadening its customer scope, the company announced on Tuesday (Dec. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
One City Plans To Run Entirely On Blockchain
December 20, 2017

As more businesses join collaborative groups and invest in internal research and development (R&D) to explore using blockchain for new services, some firms have begun to use the technology themselves. This week, news from Citigroup, UPS and Vanguard signal interest in using the distributed ledger...

Personnel
Wells Fargo Taps Mary Mack To Fix Consumer Lending Business
December 20, 2017

Wells Fargo has announced that Mary Mack will lead its consumer lending unit. 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 Today....

Cybersecurity
Mexico AML Found Deficient
December 20, 2017

The Financial Action Task Force (FATF), an international organization that sets the standards for fighting money laundering, found that Mexican prosecutors are failing to punish finance criminals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Fintech Investments
SoftBank Plows $120M Into Alt Insurer Lemonade
December 20, 2017

Japanese tech giant SoftBank is leading a $120 million investment round in home insurance startup Lemonade. 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...

Bitcoin
Bitcoin Regulatory Roundup: SEC Swoops In On The Crypto Company After Surge
December 20, 2017

Amid rising interest and investment in digital currencies like bitcoin, some countries are issuing new warnings about the volatility involved in cryptocurrency trade. In today’s bitcoin roundup, regulatory bodies in the U.S. have suspended a bitcoin-focused company following questionable business practices, Singapore is advising “extreme...

Amazon
Most Online Shoppers Shopped Mainly Amazon This Holiday Season
December 20, 2017

U.S. consumers will hit the internet for the majority of their gifts this holiday season, marking the second year in a row based on CNBC’s All-America Economic Survey. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
Stitch Fix Investors Fear The “Blue Apron Flu”
December 20, 2017

Stitch Fix had a tough day, with its first earnings report after its IPO sending its shares went into a tailspin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Bank Regulation
ABA Urges CFPB To Scrap Debt Collection Survey (And They Did)
December 20, 2017

The Consumer Financial Protection Bureau (CFPB), under the leadership of Mick Mulvaney, has withdrawn its request to the Office of Management and Budget (OMB) to conduct online surveys of consumers as part of research on debt collection disclosures. This move came after the American Bankers...