News

Mobile Payments
Tencent, UnionPay Agree On QR Code Standard To Streamline Mobile Payments
January 08, 2020

Caixin Global reports that Chinese mobile transaction company Tencent has decided to combine part of its authentication software with government-owned rival UnionPay. This collaboration will expand UnionPay’s market penetration and further a Chinese government initiative for same-sector partnership. Get the Full Story Complete the form...

Security & Fraud
Why Travel Is A Popular Destination For Fraudsters
January 08, 2020

The excitement of the winter holidays is over, and that leaves only one thing: the annual bout of existential dread that comes from all of the cold, snow and ice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Forever 21 Faces Lawsuit For Allegedly Using False Sales Data
January 08, 2020

Retail chain Forever 21, now in the final stages of bankruptcy, was sued by an Alabama mall owner who said the company misrepresented critical sale projections, according to published reports Tuesday  (Jan. 7). Get the Full Story Complete the form to unlock this article and...

Regulation
Trump Administration Presents New AI Regulations For Federal Agencies
January 08, 2020

The Trump administration recently submitted new rules governing any future federal regulation of artificial intelligence (AI) used in an array of industries, according to reports, including transportation and medicine, among others. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Digital Banking
NY Lawmakers Push For Public eBanking System
January 08, 2020

Lawmakers in New York have proposed a public electronic banking system that would essentially function like payment service Venmo, with the purpose of including more people in the economy in an attempt to stimulate growth, according to Vice. The issue is that many Americans —...

Partnerships / Acquisitions
Delta Customers May Be Able To Pay Lyft With Miles Soon
January 08, 2020

Delta Airlines has said that it’s looking into letting customers pay for Lyft rides by using airline miles, the latest move in a partnership between the two companies, according to a report Tuesday (Jan. 7) by CNBC. Get the Full Story Complete the form to...

Security & Fraud
UK Police Investigate Travelex Ransomware Attack, Ransom Demand
January 08, 2020

The alleged perpetrators of a cyberattack on Travelex, the “world’s largest retail currency dealer,” was Sodinokibi, a cyber gang demanding ransom, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
Afterpay, Red Cross Team To Collect Donations For Australia Fires
January 07, 2020

Afterpay and the Red Cross are looking for money donations to help Australia amid the bushfire crisis currently ravaging the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Tribe Payments’ Bankbox Allows For Payroll, AP Integration
January 07, 2020

Tribe Payments has announced that its new Bankbox service, which allows for direct integration into payment rails for payroll and accounts payable (AP), has been completely implemented by bulk payment company Telleroo, according to reports. Get the Full Story Complete the form to unlock this...