Visa: EMV Cuts Card-Present Counterfeit Fraud By 80 Pct
Visa: EMV Cuts Card-Present Counterfeit Fraud By 80 Pct
February 13, 2019  |  Security & Fraud

Merchants saw a drop in card-present fraud due to the increased adoption of Europay, Mastercard and Visa (EMV) chip cards, Visa said. Get the Full Story...

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PayPal Reorgs In Asia, Closes Malaysia Office
PayPal Reorgs In Asia, Closes Malaysia Office
February 13, 2019  |  International

In a restructuring move for its customer support department, PayPal has closed its office in Malaysia, according to a report. Get the Full Story Complete...

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Burger King Russia Teams With WebMoney Transfer; Bleep UK Rolls Out New Kiosks
Burger King Russia Teams With WebMoney Transfer; Bleep UK Rolls Out New Kiosks
February 13, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Burger King Russia’s collaboration with WebMoney Transfer for quick response (QR)...

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Autonomous Trucking Co TuSimple Becomes Unicorn With $95M Fundraise
Autonomous Trucking Co TuSimple Becomes Unicorn With $95M Fundraise
February 13, 2019  |  Investments

TuSimple, a driverless truck startup in California, has achieved unicorn status — a valuation of $1 billion— after a series D funding round that brought...

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Former Apple Securities And Compliance Lawyer Charged With Insider Trading
Former Apple Securities And Compliance Lawyer Charged With Insider Trading
February 13, 2019  |  Legal

The Securities and Exchange Commission (SEC) charged a former Apple lawyer with illegal insider trading on Wednesday (Feb. 13), according to a report by CNBC....

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Starling Bank Raises £60M For Expansion
Starling Bank Raises £60M For Expansion
February 13, 2019  |  Investments

Starling Bank, the U.K. digital banking platform, announced on Wednesday (Feb. 13) that it has raised £60 million ($77.15 million) in venture funding. Get the...

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Moody’s: U.S. Household, Credit Debt Grow Modestly, Auto Delinquencies Decline
Moody’s: U.S. Household, Credit Debt Grow Modestly, Auto Delinquencies Decline
February 13, 2019  |  Consumer Finance

Moody’s Investors Service, an American Credit rating firm, has released its quarterly Pulse of Consumer Credit report, and in a report emailed to PYMNTS, it...

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Car Loan Delinquencies Flash Warning Signs On Credit?
Car Loan Delinquencies Flash Warning Signs On Credit?
February 13, 2019  |  Economy

Might the latest data on car loans – to be specific, delinquencies on those car loans – offer flashing warning signs on credit and the...

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Rapyd Raises $40M For ‘FinTech-As-A-Service’
Rapyd Raises $40M For ‘FinTech-As-A-Service’
February 13, 2019  |  Investments

Rapyd, the Silicon Valley-based startup that offers a slew of financial services from payments to ID verifications from one API, has raised $40 million in...

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