May 26, 2022
Credit Card Apps Ranking Leader Ups Its Score to 100
After taking a hard look at publicly available information plus app usage data to which we have access, PYMNTS assigns a score to each app. This is done each month,...
May 24, 2022
Banking Platform Synapse Launches Global Cash for FinTechs
Synapse, the global banking-as-a-service (BaaS) platform, has rolled out a new cash management account product, a press release said Tuesday (May 24). Called Global Cash, it will let residents in...
May 20, 2022
Wells Fargo to Pay $7M to Settle SEC AML Allegations
Wells Fargo Advisors agreed to pay $7 million to settle federal Securities and Exchange Commission (SEC) charges that the firm failed to report at least 34 suspicious transactions that could...
May 19, 2022
Former PayPal Ventures Exec Peggy Mangot Joins JPMorgan Chase
Peggy Mangot, who has experience with PayPal Ventures, is the new JPMorgan Chase head of FinTech partnerships for commercial banking, a press release said Thursday (May 19). Her responsibility will...
May 17, 2022
Wells Fargo CEO: ‘Hard to Avoid’ a Recession
Speaking at an event, Wells Fargo CEO Charlie Scharf said it’s almost a given that the U.S. is heading for an economic downturn, The Wall Street Journal reported Tuesday (May...
May 16, 2022
Carlyle In $3.9 Billion Deal To Buy US Defense Contractor...
DC-based investment firm Carlyle Group is buying defense contractor ManTech in an all-cash deal valued at $4.2 billion, reported Reuters. ManTech’s information technology and technical services focus on national defense...
May 12, 2022
Fidelity, BlackRock Delve Into TikTok for Younger Investors
Big financial firms, not native to youth-oriented social media like TikTok, are nonetheless making their ways in, Reuters wrote Thursday (May 12). “FinTok” influencers, not working for any company, have...
May 10, 2022
Pfizer To Buy Biohaven For $11.6B In Its Biggest Deal...
Pfizer will pay $11.6 billion to buy migraine pill maker Biohaven Pharmaceutical, marking the biggest deal by the cash-rich drugmaker since 2016 to beef up its portfolio ahead of patent...
May 05, 2022
PYMNTS AM Radar: Fraud Fighting MFA; Consumerizing B2B Payments; BNPL...
Today is Thursday, May 5 and shareholders are hopping mad about Netflix’s share price and allege that the streaming giant forgot to mention subscriber numbers tanked. Here’s what else should...
Seventy-five percent of car buyers favor brands that offer rewards, with a similar percentage (74%) favoring digital payments. In the latest edition of the “Expanding Payments Choice Playbook Series,” a collaboration with Onbe, PYMNTS examines the critical role digital rewards and incentives now play in facilitating a true end-to-end digital car-buying experience.
