Central Group Invests $200M In Local Grab Unit
Central Group Invests $200M In Local Grab Unit
January 31, 2019  |  Investments

Central Group, Thailand’s largest retailer, confirmed Thursday (January 31) that it is investing $200 million in a unit of Grab, the Southeast Asia ride-hailing startup. Get...

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Delivery Apps, Market Saturation Push UK Restaurants Into Bankruptcies
Delivery Apps, Market Saturation Push UK Restaurants Into Bankruptcies
January 31, 2019  |  Delivery

British restaurants hit a milestone in 2018 — the number of insolvent ones hit an all-time high, and has even doubled since 2010, according to...

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Visa Beats Street On 11 Pct Payments Volume Growth
Visa Beats Street On 11 Pct Payments Volume Growth
January 31, 2019  |  Earnings

Factors such as the government shutdown, Brexit and a trade war all weighed a bit on Visa’s latest results, but Visa still managed to put...

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PayPal’s Hit And Miss For Q4
PayPal’s Hit And Miss For Q4
January 31, 2019  |  Earnings

PayPal kept its 2018 earnings beat streak alive, notching its fourth consecutive earnings beat with its Q4 results announcement yesterday (Jan. 30). Get the Full Story Complete the...

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Databases Don’t Store Intelligence — Getting Past AI Misconceptions
Databases Don’t Store Intelligence — Getting Past AI Misconceptions
January 31, 2019  |  Artificial Intelligence

Artificial intelligence is making the leap from the imagination of sci-fi authors and computer scientists into consumer and corporate life. But even as the theories...

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Why Banks’ Immune Systems Need Both AI And Human Boosts
Why Banks’ Immune Systems Need Both AI And Human Boosts
January 31, 2019  |  Digital Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Bitcoin Daily: Ripple Names New General Counsel; Cryptopia Hackers Reportedly Net $180K
Bitcoin Daily: Ripple Names New General Counsel; Cryptopia Hackers Reportedly Net $180K
January 30, 2019  |  Bitcoin

Elementus, a data analytics firm, claims that a hacker has taken an additional $181,000 worth of ether from the Cryptopia digital currency exchange, CoinDesk reported....

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RBS Slapped With Lawsuit Over Frozen Accounts
RBS Slapped With Lawsuit Over Frozen Accounts
January 30, 2019  |  Legal

The Royal Bank of Scotland (RBS) is being sued by an unnamed British payments company over allegations that RBS froze accounts on suspicion of illegal...

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NY AG Investigating Apple FaceTime Bug
NY AG Investigating Apple FaceTime Bug
January 30, 2019  |  Apple

Andrew Cuomo, governor of New York, said the attorney general is investigating Apple after a privacy flaw revealed that FaceTime users could listen in on...

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