MUFG Bank Enters Consent Order With OCC Over AML Compliance

MUFG Bank Enters Consent Order With OCC Over AML Compliance
MUFG Bank Enters Consent Order With OCC Over AML Compliance
February 22, 2019  |  Security & Fraud

MUFG Bank, a Japan-based institution, announced on Friday (Feb. 22) that it was entering into a consent order with the U.S. Office of the Comptroller...

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Shakeout For India’s Food Delivery Arena?
Shakeout For India’s Food Delivery Arena?
February 22, 2019  |  Delivery

In India, food delivery done via app is perhaps leading to a shakeout in a build vs. buy debate that near term may settle on...

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Is Amazon Planning A ‘Megafleet’ For Electric Delivery?
Is Amazon Planning A ‘Megafleet’ For Electric Delivery?
February 22, 2019  |  Amazon Innovations

Pretty much anything Amazon does impacts so much else — and that truth, one of the longest-standing in the world of commerce and payments, seems...

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Senators Call For FTC Action On FB ‘Friendly Fraud’ Complaint
Senators Call For FTC Action On FB ‘Friendly Fraud’ Complaint
February 22, 2019  |  Facebook

U.S. Senators Edward Markey and Richard Blumenthal have asked the Federal Trade Commission to act on a complaint that Facebook knowingly encouraged children to spend...

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Mastercard In Renewed China Push
Mastercard In Renewed China Push
February 22, 2019  |  International

Mastercard, in an effort to gain entry into the Chinese market, is looking toward a joint venture that may help the card giant get a...

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Indian Parliamentary Panel Summons Facebook, WhatsApp, Instagram Over Users’ Rights
Indian Parliamentary Panel Summons Facebook, WhatsApp, Instagram Over Users’ Rights
February 22, 2019  |  Security & Fraud

The Indian parliamentary committee on information technology has asked representatives from Facebook, the messaging app WhatsApp and the photo sharing app Instagram to appear and...

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Amazon China May Be Eyeing NetEase Merger
Amazon China May Be Eyeing NetEase Merger
February 22, 2019  |  Amazon

Amazon could be looking into merging its China unit with eCommerce platform Kaola, which is owned by NetEase, according to a report by CNBC. Amazon...

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Can FinTechs And Banks Actually Have A Perfect Marriage?
Can FinTechs And Banks Actually Have A Perfect Marriage?
February 22, 2019  |  Startup Check-In

The relationship between FinTechs and banks has been complicated, with relatively young upstarts competing with established financial institutions in a new and growing world of...

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Betting On Amazon, Stamps.com Ends USPS Partnership, Shares Plunge
Betting On Amazon, Stamps.com Ends USPS Partnership, Shares Plunge
February 22, 2019  |  Partnerships / Acquisitions

Stamps.com announced that it was ending an exclusive partnership with the United States Postal Service, according to reports. The company’s shares fell 56 percent —...

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