Wirecard, Ingenico Buoyed By Worldpay Acquisition
Wirecard, Ingenico Buoyed By Worldpay Acquisition
March 18, 2019  |  Partnerships / Acquisitions

Shares in Euro payments tech companies rose on Monday (March 18) after news of the Fidelity National Information Services (FIS) takeover of Worldpay, a London-based...

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Investors In 19 Countries Sue Danske Bank Over Money-Laundering Scandal
Investors In 19 Countries Sue Danske Bank Over Money-Laundering Scandal
March 18, 2019  |  Security & Fraud

An international coalition of pension funds, government entities and asset managers is suing Danske Bank over a far-reaching money-laundering scheme tied to Russia, and its...

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Data Dive, Big Launches Edition: Google, Sephora And PayPal
Data Dive, Big Launches Edition: Google, Sephora And PayPal
March 18, 2019  |  Data Dive

Mid-March is more famous for spectacular endings than big beginnings – likely because one of the more high-profile political assassinations (and BFF break-ups) in history...

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Study: Amazon Private-Label Products Aren’t Market Disruptors
Study: Amazon Private-Label Products Aren’t Market Disruptors
March 18, 2019  |  eCommerce

A new study by Marketplace Pulse showed that Amazon-owned private-label brands aren’t as successful as many think, according to a report in Bloomberg. Get the...

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Chase Launches Low-Cost Accounts To Win Unbanked Consumers
Chase Launches Low-Cost Accounts To Win Unbanked Consumers
March 18, 2019  |  Digital Banking

The percentage of unbanked people in the U.S. recently fell to the lowest rate since the 2007-2009 financial crisis, but a new product launch from...

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Taxi-Hailing Firm Gett Eyes 2019 IPO
Taxi-Hailing Firm Gett Eyes 2019 IPO
March 18, 2019  |  IPO

Gett, a ride-hailing company that works with taxis, is planning an initial public offering later this year, The Financial Times reported. Get the Full Story...

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OECD Report: Rise In Counterfeit Goods Harms Global Economy
OECD Report: Rise In Counterfeit Goods Harms Global Economy
March 18, 2019  |  Security & Fraud

A new study by the Organisation for Economic Co-operation and Development (OECD) shows that trading in pirated and counterfeit goods has risen significantly, according to...

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Worldline Enables Apple Pay Support In Germany; Khalti Rolls Out eTicketing Feature
Worldline Enables Apple Pay Support In Germany; Khalti Rolls Out eTicketing Feature
March 18, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Wordline’s support of Google Pay and Apple Pay through its...

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Citi Cancels Plans For Cryptocurrency
Citi Cancels Plans For Cryptocurrency
March 18, 2019  |  Cryptocurrency

JPMorgan Chase isn’t the only bank that has been working on a cryptocurrency. Citigroup was as well, but ultimately decided to scrap it instead of bringing...

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