News

Banking
Ant Financial Could Pursue Digital Banking License In Singapore
November 19, 2019

Ant Financial Services Group might apply for a virtual banking license in Singapore. 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....

Regulation
DOJ Seeks To End Ban Of Hollywood Studios Buying Theaters
November 19, 2019

The U.S. Department of Justice (DOJ) will request the end of a ban that prohibits Hollywood studios from owning movie theaters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
China’s Byton Gets License To Launch Electric SUV In US
November 19, 2019

Chinese startup Byton announced Monday (Nov. 18) that it has secured a distributor license from California, bringing it one step closer to bringing its first electric SUV, Byton M-Byte, to the United States. Get the Full Story Complete the form to unlock this article and...

Regulation
DOJ Big Tech Probe Could Expand Beyond Antitrust
November 19, 2019

To potentially challenge companies such as Facebook and Google on multiple fronts, the Department of Justice (DOJ) could go beyond looking into potential antitrust violations, per comments made by Deputy Attorney General Jeffrey A. Rosen. The DOJ has been involved in an in-depth antitrust review,...

Investments
Ohi Lands $2.75M To Enable Quick Delivery For Smaller Brands
November 18, 2019

Ohi, an eCommerce startup, announced that it has closed a $2.75 million Seed funding round led by Flybridge Capital Partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

eCommerce
‘Amazon Of Africa’ Jumia Shuts Down Cameroon eCommerce Ops
November 18, 2019

Online retailer Jumia Technologies — known as “the Amazon of Africa” — announced that it would no longer provide its eCommerce platform activities in Cameroon, which has been embroiled in a two-year separatist uprising. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Hackers Selling Thousands Of Disney+ Accounts Online
November 18, 2019

Security researchers have discovered that thousands of Disney+ accounts have been hacked and are for sale on the Dark Web. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Payment Methods
Amex Offers Big Cash Incentives To Businesses To Boost Acceptance
November 18, 2019

American Express, which has long lagged behind rivals like Visa and Mastercard in terms of business acceptance, has been aggressively pushing to close the gap, offering some businesses thousands of dollars in sign-up fees as well as other incentives, according to a report by The...

Ridesharing
Gett Closes Down NY Ridesharing Brand Juno; Partners With Lyft
November 18, 2019

Ridesharing company Gett, which operates under the name Juno in New York City, is shuttering its operations there and entering into a partnership with Lyft to take on its accounts, according to a report by TechCrunch. Get the Full Story Complete the form to unlock...