Flipkart, the Walmart-owned Indian eCommerce player, and Amazon’s Indian unit are having a tough time meeting the deadlines under new eCommerce laws in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
How can firms with global ambitions balance a smooth authentication process with rigorous AML efforts? In the inaugural edition of the AML/KYC Tracker, Anthony Couture, chief compliance officer for Canadian investment platform FrontFundr, explains how businesses are using new tech to ensure their operations and...
The Royal Bank of Scotland (RBS) is being sued by an unnamed British payments company over allegations that RBS froze accounts on suspicion of illegal activity by the company’s clients, according to a report in the Financial Times. Get the Full Story Complete the form...
The Bangladesh central bank governor said the country is going to file a lawsuit against Philippine bank Rizal Commercial Banking Corp (RCBC) for its alleged involvement in an $81 million cyber theft, according to a report by Reuters. Get the Full Story Complete the...
As the fallout from Royal Bank of Scotland’s small business mistreatment scandal continues, the effects are being felt beyond the institution and across the entire financial services space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
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The New York Department of Financial Services (DFS) announced it has fined Standard Chartered $40 million for attempting to rig transactions in foreign exchange (FX) markets between 2007 and 2013. The investigation found that Standard Chartered’s traders used illegal tactics to maximize profits or minimize losses...
Facebook could face challenges by the European Union if it integrates Instagram, WhatsApp and Messenger messaging functions, reported CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
A new class-action lawsuit wants failed meal delivery company Munchery to pay its former employees 60 days’ worth of back wages. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
