News

Mobile Commerce
Lime Announces eScooter, Bike Subscriptions
December 17, 2019

To let everyday scooter users and commuters gain the most from their micro-mobility, Lime has announced the rollout of a new subscription offering. LimePass will be released in cities across the nation, as well as in New Zealand and Australia, according to a post, with...

B2B Payments
Anomali Identifies Scam To Steal Gov’t Procurement Site Credentials
December 17, 2019

An unidentified group is reportedly putting much effort into a complicated scam to steal the login credentials of government personnel. The targets are procurement websites in which governments place notices for purchasing all sorts of products such as trucks and desks, IT World Canada reported, citing a...

B2B Payments
ASB Bank Participates In TradeWindow’s $1.7M Seed Round
December 17, 2019

With a repeat investment in TradeWindow, Commonwealth Bank of Australia-owned ASB Bank participated in a NZ$2.67 million ($1.76 million) seed funding round for the blockchain company. ASB made an investment of a “significant” amount during the summer and is said to own 21 percent of...

Payments Innovation
M10 CEO: What Central Banks Want In New Global Payments Rails
December 17, 2019

Payment rails are getting more attention these days, and there is an increasing focus on offering a standardized, relatively seamless experience that can be locked and loaded by various operators with minimal hassle. Get the Full Story Complete the form to unlock this article and...

International
The App That Makes Sharing A Meal An Immersive Travel Experience
December 17, 2019

Having a truly local experience when traveling is often easier said than done. Sure, there is something to be said for a great tourist experience — seeing the famous local sites, eating and drinking, the landmark locations and joining the tour groups. However, even the...

Security & Fraud
The Rise Of Holiday Reshipping Fraud
December 17, 2019

Criminals get into the holiday spirit, too. For instance, they know how to talk in friendly, polite terms to overworked and often-frustrated customer service representatives — to gain such advantages as having purchased items redirected to their own addresses, rather than to the customers who...

Bitcoin
Bitcoin Daily: $2B PlusToken Pyramid Scheme Could Hurt Bitcoin; R3 Finishes Trade Finance Blockchain Test...
December 17, 2019

Bitcoin may struggle to recover from the effects of one of the largest digital currency scams, Bloomberg reported Monday (Dec. 16). The popular cryptocurrency could stay under pressure as those behind the PlusToken scandal unload tokens. Get the Full Story Complete the form to unlock...

Regulation
European Court To Rule On Airbnb Classification This Week
December 17, 2019

The Luxembourg-based Court of Justice of the European Union (CJEU) will decide whether to classify Airbnb as an online booking service or real estate agent this month, amid a battle against the company from a tourism group, according to Reuters.  The backlash against the company...

News
Google Offers Advice To The Fed On FedNow
December 17, 2019

Google sent a letter to the Federal Reserve, asking the U.S. central bank to consider modeling FedNow after the Unified Payments Interface (UPI) framework used in India, The Economic Times (ET) reported on Sunday (Dec. 15). FedNow is the new interbank real-time gross settlement (RTGS) service...