What’s Hot

Follow the popular trending news, topics, and video on PYMNTS.com

Newly Funded Feather Brings Furniture Subscription To LA
Newly Funded Feather Brings Furniture Subscription To LA
May 16, 2019  |  Investments

Furniture subscription rental service Feather is using its latest round of funding to expand to Los Angeles. The company raised $12 million in a Series A...

READ MORE >
WeWork Announces $3B Fund To Invest In Its Own Rentals
WeWork Announces $3B Fund To Invest In Its Own Rentals
May 15, 2019  |  Investments

WeWork, which recently renamed itself The We Company, has built a multibillion-dollar valuation with its business model of renting out spaces. The company now wants...

READ MORE >
Porn Email Scam Nets Scammers Almost $1M In Bitcoin
Porn Email Scam Nets Scammers Almost $1M In Bitcoin
May 15, 2019  |  Security & Fraud

There’s an email scam going around that involves scammers claiming to have webcam footage of people watching porn, with threats to release the info if...

READ MORE >
Appeal Over Swedbank Money Laundering Complaint Is Denied In Sweden
Appeal Over Swedbank Money Laundering Complaint Is Denied In Sweden
May 15, 2019  |  Security & Fraud

The appeal of an investor who campaigns against corruption in the banking industry was rejected by Sweden on Wednesday (May 15), according to a report...

READ MORE >
Whole Foods And Instacart Officially Call It Quits
Whole Foods And Instacart Officially Call It Quits
May 15, 2019  |  Delivery

In a move that’s been anticipated since 2017 when Amazon acquired Whole Foods, the grocer and delivery firm Instacart have parted ways, according to a...

READ MORE >
OCC Will Vet Wells Fargo’s Next CEO
OCC Will Vet Wells Fargo’s Next CEO
May 15, 2019  |  Regulation

The U.S. Comptroller of the Currency (OCC) has told Congress he would use his office’s power to review any candidate put forward by Wells Fargo...

READ MORE >
Microsoft Says Computer Bug Could Be Exploited By Malware
Microsoft Says Computer Bug Could Be Exploited By Malware
May 15, 2019  |  Security & Fraud

Microsoft has warned that a patched computer bug affecting some of the older versions of Windows could be used as a weapon in the vein...

READ MORE >
HKMA, BOT Team On FinTech Initiatives
HKMA, BOT Team On FinTech Initiatives
May 15, 2019  |  Partnerships / Acquisitions

The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) announced on Wednesday (May 15) that they have inked a deal to collaborate...

READ MORE >
Tencent Net Income Rises Despite Slow Sales, Economy In China
Tencent Net Income Rises Despite Slow Sales, Economy In China
May 15, 2019  |  Earnings

Tencent, China’s popular online and entertainment company, saw its slowest sales growth since it went public in 2004, as it battled a sputtering economy and...

READ MORE >