News

Retail
Can Six Days Make (Or Break) The Holiday 2019 Shopping Season?
December 03, 2019

That Thanksgiving is shopping holiday, or at least a reasonable opening act for the four-day festival of commerce that commences on Black Friday and caps off on Cyber Monday, is pretty much accepted commerce cannon. What most people don’t realize is how long this has...

Investments
Singapore’s FinAccel FinTech Lands $90M To Grow Credit Lending App
December 03, 2019

Singapore-based FinAccel has raised $90 million in a funding round led by Asia Growth Fund (a joint venture between Mirae Asset and Naver) and Square Peg. Singtel Innov8, TMI (Telkomsel Indonesia), Cathay Innovation, Kejora-InterVest, Mirae Asset Securities, Reinventure and DST Partners also participated in the...

Security & Fraud
FBI Warns Russian Apps Are Subject To ‘Cyber Exploitation’
December 02, 2019

The Federal Bureau of Investigation (FBI) has issued a warning about mobile apps developed in Russia, saying they could be a “potential counterintelligence threat.” The revelation was made when the agency addressed questions about face-editing photo app FaceApp, which was developed by St. Petersburg-based Wireless...

B2B Payments
SMB Lender Just Cashflow Adds Ebury FX Services
December 02, 2019

London specialty business lender Just Cashflow (JCF) is partnering with London FinTech Ebury to roll out foreign exchange (FX) services, Just Cashflow announced in a company blog.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Apple Could Start Staggering iPhone Releases Biannually
December 02, 2019

A prominent analyst, JPMorgan’s Samik Chatterjee, has suggested that Apple may alter the way it currently releases iPhones every year, splitting them into summer and fall releases instead of lumping them all together near the end of the year, according to reports. Get the Full...

Biometrics
Homeland Security: US Travelers Should Be Included In Facial Scans
December 02, 2019

The Department of Homeland Security (DHS) wants to update a current law requiring non-U.S. citizens to be subject to facial recognition scans while entering and leaving the country to include U.S. citizens, according to a report by TechCrunch. Get the Full Story Complete the form...

B2B Payments
Eika Group Teams Up With EedenBull On Payment Solutions
December 02, 2019

Norwegian banking group Eika Group has invested in FinTech EedenBull to help its banks with new and innovative payment solutions to serve customers, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payments Innovation
Apple Rolls Out Express Transit Payments For London Commuters
December 02, 2019

Transport for London (TfL) riders who use Apple Pay now have access to a new tool that will enable them to bypass facial or fingerprint scanning, The Verge reported on Monday (Dec. 2). Get the Full Story Complete the form to unlock this article and...

Biometrics
Mobile Phone Registration in China Now Requires Facial Scanning
December 02, 2019

China has implemented a new policy requiring citizens who want new phone service to scan their faces to verify identities instead of simply presenting ID cards, according to a report in The Wall Street Journal. Get the Full Story Complete the form to unlock this...