American Express is offering large cash incentives to companies to boost acceptance, and Didi Chuxing is planning to bring a robo-taxi service to Shanghai.
Amazon is losing a major sneaker brand — a sign of more to come? Meanwhile, Apple cozies up to Walmart and Facebook again tries to improve its payments game.
In today’s top payments news, Wells Fargo has appointed William M. Daley, a former White House official, to the position of vice chairman of public affairs.
In today’s top payments news, Japan’s SoftBank reported a $6.5 billion loss with its first quarterly drop-off in 14 years, and FIS results beat expectations.