Jamie Dimon, CEO of JPMorgan Chase & Co, said that Facebook’s proposed cryptocurrency, Libra, is “ … a neat idea that’ll never happen,” according to...
Proponents of cryptos tout anonymity, the fact that digital coin transactions are hard to trace, and that blockchain allows for transactions to occur pretty much...
A class action lawsuit against Facebook, alleging that people in Illinois didn’t consent to have their photos used with the company’s facial recognition technology, will...
Swiss banks are going to start charging their millionaire customers to store money, according to a report by CNN. Get the Full Story Complete the...
Happy weekend! You might have missed some vital payments and commerce news this busy week, but the PYMNTS Weekender has you covered. We have deep...
The Federal Trade Commission (FTC) said the mass amounts of data collected by big technology companies, like Apple, Amazon, Facebook and Google, give them an...
The Financial Action Task Force (FATF) said it is worried about “stablecoins,” like Facebook’s Libra, and how they could be used for illicit purposes. Get...
Today in the payment’s news roundup, PayPal is teaming with Synchrony Financial to put forward a Venmo co-branded credit card next year. Also, Mastercard is...
Olaf Scholz, Germany’s finance minister, reiterated his opposition to Facebook on Friday (Oct. 18), and said that the release of the cryptocurrency should be prevented....