April 20, 2022
Wells Fargo Debuts Small Business Financial-Assistance Portal
Wells Fargo on Tuesday (April 19) announced the launch of what it is calling its “Small Business Resource Navigator.” The service, according to the San Francisco bank, will let small...
April 18, 2022
Credit Cards Being Used as Defense vs Inflation in Paycheck-to-Paycheck...
For consumers — at least when it comes to confidence that they can handle mounting credit card debt in the face of inflation and even living paycheck to paycheck: Watch what they...
April 18, 2022
Versapay Acquires AR Software Firm DadeSystems
Collaborative accounts receivable (AR) provider Versapay has acquired FinTech DadeSysems, a move the company says expands its AR automation, artificial intelligence, and machine learning capabilities, the company said in a...
April 18, 2022
From Bed Sheets to Sheetrock, Housing Trend Has Retail on...
In economic circles this is housing data week, as we prepare to ingest the latest data on building permits and housing starts Tuesday (April 19), followed by Wednesday’s report on...
April 18, 2022
Bank of America Profits Drop Less Than Expected
Bank of America’s first-quarter profit fell less than anticipated, with a drop in international deal-making offset by robust consumer lending. As Reuters reported Monday (April 18), Bank of America showed...
April 14, 2022
Wells Fargo Posts Declines in Revenue, Home Lending
Wells Fargo released its first-quarter earnings report Thursday (April 14), showing a decline in revenue — a 20% drop in profit from last year — and a 33% decline in...
April 13, 2022
Today in the Connected Economy: Amazon Brings ‘Just Walk Out’...
Today in the connected economy, Amazon’s expansion of its Just Walk Out technology continues as it brings the frictionless checkout offering to the Houston Astros’ stadium. Plus, Wells Fargo announces...
April 13, 2022
Wells Fargo Partners With Operation HOPE to Foster Inclusion for...
Wells Fargo and Operation HOPE are partnering to foster financial inclusion and remove barriers to unbanked populations, half of which are Black, African American, Hispanic and Native American/Alaska Native households,...
April 12, 2022
Banks’ Earnings May Show Days of Double-Digit Card Spend Growth...
Earnings season comes like clockwork. And earnings are a snapshot, a frozen point in time. For the banks, the question is not what’s in the rearview mirror — but what...
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.
