BNY Mellon Unable To Run Payments For 19 Hours
BNY Mellon Unable To Run Payments For 19 Hours
December 08, 2016  |  Bank Regulation

Bank of New York (BNY) Mellon Corp. was unable to process payment instructions sent over the Swift Network from clients for a 19-hour stretch earlier...

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PYMNTS Daily Data Dive: Taiwan’s Uber Crackdown
PYMNTS Daily Data Dive: Taiwan’s Uber Crackdown
December 08, 2016  |  Daily Data Dive

Three Taiwanese lawmakers want those caught driving for Uber to be fined as much as NT$25 million ($780,000) and to have their licenses suspended. Uber...

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IPO Looms For India Unicorn, No Deal For Snapdeal
IPO Looms For India Unicorn, No Deal For Snapdeal
December 08, 2016  |  Unicorn Tracker

IPOs are re-emerging as a topic of discussion swirling around unicorns. And an upcoming entrant to the public markets may be ShopClues, a marketplace company...

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Apple App Store Had Record Sales In November
Apple App Store Had Record Sales In November
December 08, 2016  |  Apple

Questions may be arising about demand for Apple’s iPhone 7 and its Apple Watch Series 2, but when it comes to the Apple App Store,...

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Viber UK Users Can Send Money Thanks To Western Union
Viber UK Users Can Send Money Thanks To Western Union
December 08, 2016  |  Partnerships / Acquisitions

Western Union, the global payment services company, announced Wednesday (Dec. 7) it is enhancing its relationship with Viber, the mobile messaging app that counts 745...

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Canadian Banks Selling Credit Card ABS In US
Canadian Banks Selling Credit Card ABS In US
December 08, 2016  |  Banking

Canadian banks are increasingly turning to the U.S. market, issuing $6.8 billion asset-backed securities during 2016 alone, based on data compiled by Bloomberg. Get the...

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Circle Says Bye-Bye To Bitcoin
Circle Says Bye-Bye To Bitcoin
December 08, 2016  |  Bitcoin

There are pivots and then there are wholesale about-faces. Circle’s choice to halt bitcoin trading in favor of doubling down on more traditional mobile pay certainly...

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Blackhawk Integrates Rewards Into Apple Pay
Blackhawk Integrates Rewards Into Apple Pay
December 08, 2016  |  News

Blackhawk Network, the gift cards, payments tools and rewards company, announced Wednesday (Dec. 8) that it will integrate gift cards, egifts, loyalty and rewards programs...

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Thiel-Backed Tech Execs Are Signing On For Trump’s Transition Teams
Thiel-Backed Tech Execs Are Signing On For Trump’s Transition Teams
December 08, 2016  |  News

Despite reports of animosity between President-elect Donald Trump and Silicon Valley, longtime Trump backer and billionaire Valley luminary Peter Thiel continues to work hard on...

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