Appeal Over Swedbank Money Laundering Complaint Is Denied In Sweden

Appeal Over Swedbank Money Laundering Complaint Is Denied In Sweden
Appeal Over Swedbank Money Laundering Complaint Is Denied In Sweden
May 15, 2019  |  Security & Fraud

The appeal of an investor who campaigns against corruption in the banking industry was rejected by Sweden on Wednesday (May 15), according to a report...

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Digital Delivers An Earnings Beat For Macy’s
Digital Delivers An Earnings Beat For Macy’s
May 15, 2019  |  Earnings

Today’s news is something of a departure from the more mournful tone of Macy’s Q4 earnings release, when a holiday shopping season that was forecast...

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Whole Foods And Instacart Officially Call It Quits
Whole Foods And Instacart Officially Call It Quits
May 15, 2019  |  Delivery

In a move that’s been anticipated since 2017 when Amazon acquired Whole Foods, the grocer and delivery firm Instacart have parted ways, according to a...

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OCC Will Vet Wells Fargo’s Next CEO
OCC Will Vet Wells Fargo’s Next CEO
May 15, 2019  |  Regulation

The U.S. Comptroller of the Currency (OCC) has told Congress he would use his office’s power to review any candidate put forward by Wells Fargo...

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Wegagen Bank Teams With WorldRemit; Hatton National Bank Unveils eWallet
Wegagen Bank Teams With WorldRemit; Hatton National Bank Unveils eWallet
May 15, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Wegagen Bank’s tie-up with WorldRemit for a digital money transfer...

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Microsoft Says Computer Bug Could Be Exploited By Malware
Microsoft Says Computer Bug Could Be Exploited By Malware
May 15, 2019  |  Security & Fraud

Microsoft has warned that a patched computer bug affecting some of the older versions of Windows could be used as a weapon in the vein...

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The Vicious Cycle Of Trade Credits
The Vicious Cycle Of Trade Credits
May 15, 2019  |  SMBs

The rise of the gig economy exposed an issue that had plagued freelancers for ages: past-due invoices and cash flow. PYMNTS’ Gig Economy Index found...

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HKMA, BOT Team On FinTech Initiatives
HKMA, BOT Team On FinTech Initiatives
May 15, 2019  |  Partnerships / Acquisitions

The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) announced on Wednesday (May 15) that they have inked a deal to collaborate...

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Tencent Net Income Rises Despite Slow Sales, Economy In China
Tencent Net Income Rises Despite Slow Sales, Economy In China
May 15, 2019  |  Earnings

Tencent, China’s popular online and entertainment company, saw its slowest sales growth since it went public in 2004, as it battled a sputtering economy and...

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