June 12, 2019
Goldman Employees Like Apple Card

The Apple Card is being tested with Goldman Sachs ahead of the launch this summer and is receiving positive feedback. CNBC, citing comments Goldman Sachs Chief Executive David Solomon made...

June 11, 2019
Brex Raises $100M At $2.6B Valuation

Brex, the credit card startup, announced Tuesday (June 11) it raised $100 million in venture funding, giving the company a valuation of $2.6 billion. In a press release, Brex said...

June 11, 2019
Italy Considers Mini-BOTs To Pay Gov’t Vendors, Igniting Debate

Amid rising scrutiny over government debt and longer payments to contractors, Italy has churned up debate with its consideration of so-called mini-bills to pay state debts, a proposal that has...

June 10, 2019
Corporate Cash Holdings Declined In 2018

U.S. corporate balance sheets have declined since the 2017 tax overhaul signed into law by President Donald Trump, as companies allocated more money to share buybacks, dividend hikes, acquisitions and...

June 10, 2019
Senators Urge CFPB To Reconsider Debt Collection Overhaul

A group of senators is urging the Consumer Financial Protection Bureau to reconsider a recently proposed overhaul of debt collection practices that among other things let collectors send unlimited electronic...

June 08, 2019
Why Cash Is Still King On Graduation Day

For the last several weeks, and for a few more to come, students at the nation’s high schools and colleges are donning their gowns and mortarboards and collecting their diplomas. For many...

June 07, 2019
Allied Wallet Settles With FTC Over Fraud Charges

Allied Wallet, an online payment provider and a client of Wirecard, settled with the Federal Trade Commission (FTC) last month over charges that it helped facilitate fraud and launder money,...

June 07, 2019
Visa-Western Union Deal And Alexa’s Roommate Potential Top The Week’s...

Yes, the weekend has arrived! We don’t know about you, but it was a busy week for PYMNTS, given all the news coming from the worlds of payments and commerce....

June 07, 2019
Jobs Number Shows Trade War Hitting Home?

The headline numbers are these: The latest jobs report shows that 75,000 jobs were created in the United States last month. A slew of economists, as noted by Bloomberg, expected a...