News

Banking
JPMorgan CEO Is Back Home After Surgery
March 12, 2020

Jamie Dimon, CEO of JPMorgan Chase & Co., is home and recovering after having emergency heart surgery last week, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Standard Chartered Debuts Banking As A Service
March 12, 2020

Standard Chartered has launched a new “Banking as a Service” solution called nexus that will allow digital platforms, eCommerce operations, social media sites and ride-hailing companies to offer credit cards, loans and savings accounts under their own brand name, according to a release.  Get the...

News
Today In Payments: Paris Convicts 6 In $50M Impersonation Plot; Wirecard Partners With Klarna For...
March 12, 2020

In today’s top payments news, in Paris, six men were convicted of an impersonation plot that garnered $50 million, and Wirecard has partnered with Klarna to integrate digital payment methods into its commerce platform. Also, in a televised address on Wednesday, March 11, President Trump...

Security & Fraud
Payment Data From 2019 Volusion Hack Appears On Dark Web
March 12, 2020

Last year, credit card data was stolen from online stores hosted by eCommerce software, hosting and support company Volusion. Now, that data has appeared for sale on the dark web, according to reports. Get the Full Story Complete the form to unlock this article and...

Banking
OCBC Bank Upgrades ATMs To Cash Checks Instantly
March 12, 2020

OCBC Bank in Singapore has upgraded its ATMs to accept checks and cash them instantly, according to a release. 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...

Investments
Family-Friendly Digital Payment App FamPay Raises $4.7M
March 12, 2020

FamPay, a Bengaluru, India-based digital payment app that lets parents pay and supervise financial activity for their underage kids, has raised $4.7 million in a funding round, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Partnerships / Acquisitions
Mastercard, Samsung Tie-Up Lets Consumers Pay On Demand
March 12, 2020

Mastercard is partnering with Samsung to bring digital technology to emerging markets and accelerate connectivity and smart devices, Mastercard said on Thursday (March 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Experiential Retail Doesn’t Sleep On Pandemics
March 12, 2020

Today a customer may walk into a retail location in the midst of a pandemic. But it’s still an experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Singapore’s ShopBack Notches $75M For Cashback App
March 12, 2020

ShopBack, a cashback app based in Singapore, has notched $75 million in a Temasek-led extended Series B fundraising round. EDBI, EV Growth, Rakuten, 33 Capital and Cornerstone Ventures also partook in the round, DealStreet Asia reported. Get the Full Story Complete the form to unlock...