China’s National Development and Reform Commission (NDRC)stated on Wednesday (Aug. 20) that 12 Japanese auto parts makers have been fined 1.24 billion yuan ($202 million) for their involvement in an alleged price-fixing scheme. Sumitomo Corp., Mitsubishi Electric Corp. and Denso Corp. are some of the...
Global payment provider Worldpay and lending firm OnDeckannounced on Wednesday (Aug. 20) that they partnered together to small and mid-sized firms get access to financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Standard Chartered Bank will stop processing payments in dollars from 300 Hong Kong clients at its New York branch, after the bank failed to flag millions of cross-border payments coming from areas prone to money laundering. Get the Full Story Complete the form to unlock...
The European Central Bank has identified four key payment systems under new regulations that took effect this month, making the payment systems subject to tighter regulatory control, Finextra reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Follow 303 Cryptocurrencies here. 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 to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing...
JPMorgan Chase is eliminating cash-back checks from its rewards program for Chase Sapphire, Chase Freedom and Ink credit card customers, according to American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Visa and MasterCard will face class-action lawsuits over the questionable security of their payment cards in the wake of the massive 2013 Target payment-card breach, according to Law360. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
News flash. The majority of Americans are plugged in most of the time, and Millennials are the least likely to log-off. But curious to know other ins-and-outs of America’s increasingly logged-on population? Check out the PYMNTS Digital Consumption Slideshow. Get the Full Story Complete the...
Amazon is boosting its presence in China by setting up shop in Shanghai’s free trade zone, a move that lets the online retail giant take advantage of less-stringent trade regulations to sell a wider range of products, according to Reuters. Get the Full Story Complete...
