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Payment services firm $WU said it along with $MA, bKash, and BRAC Bank launched an international remittance receiving service in Bangladesh. The service enables bKash's customers to receive remittances from abroad directly into their bKash accounts using mobile phones. The service is approved by Bangladesh Bank, the central bank of Bangladesh.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.