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Wells Fargo Taps Former Mastercard Exec To Run Merchant Services

Wells Fargo Taps Former Mastercard Exec To Run Merchant Services
Wells Fargo Taps Former Mastercard Exec To Run Merchant Services
August 12, 2019  |  Personnel

Wells Fargo announced it has hired Colleen Taylor to run its Wells Fargo Merchant Services, which shepherds the direction and oversight of its merchant services...

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Groupon Tries To Reach A More Lucrative Consumer Base
Groupon Tries To Reach A More Lucrative Consumer Base
August 12, 2019  |  Retail

Hey, did you hear about Groupon? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Subscription Box Company Loot Crate Files For Chapter 11
Subscription Box Company Loot Crate Files For Chapter 11
August 12, 2019  |  Retail

The Los Angeles-based Loot Crate, a subscription box startup offering “geek and gamer products,” filed for Chapter 11 bankruptcy due to cash flow problems, Bloomberg...

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NatWest Tests Use Of Google Assistant To Check Bank Balances
NatWest Tests Use Of Google Assistant To Check Bank Balances
August 12, 2019  |  Banking

British bank NatWest has been testing out Google Assistant compatibility to allow customers to do things like check their balance via voice assistant, according to...

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Neobank Joust Raises $2.6M To Bank Freelancer Wages
Neobank Joust Raises $2.6M To Bank Freelancer Wages
August 12, 2019  |  Investments

The funding round was led by PTB Ventures, with help from Accion Venture Lab, Financial Venture Studio and Techstars. Get the Full Story Complete the...

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Venmo Offers Instant Transfer To Bank Accounts
Venmo Offers Instant Transfer To Bank Accounts
August 12, 2019  |  Digital Banking

Venmo has added another option for instant transfer of money to a bank account, according to a blog post by the company on Monday (Aug....

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Facebook Shelves Houseparty Acquisition Over Antitrust Concerns
Facebook Shelves Houseparty Acquisition Over Antitrust Concerns
August 12, 2019  |  Facebook

Facebook reportedly dropped a deal to buy competitor Houseparty, the video-focused social media chat app, due to anticipated additional antitrust scrutiny, The New York Times reported...

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China Bank Loans Decline In July Amid Trade Tensions
China Bank Loans Decline In July Amid Trade Tensions
August 12, 2019  |  International

Decreasing demands for loans has caused a July lending slowdown for Chinese financial institutions, The Wall Street Journal reported on Monday (Aug. 12). Get the...

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EU Could Hand Down Facebook Privacy Decisions By Year End
EU Could Hand Down Facebook Privacy Decisions By Year End
August 12, 2019  |  Regulation

The European Union’s Facebook investigations under the bloc’s new privacy laws could wrap up by the end of this year, The Wall Street Journal reported on...

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