News

Security & Fraud
Data Breach Impacts 4.2M Members Of Canadian Cooperative
November 06, 2019

The Canadian cooperative Desjardins Group has revealed that a data breach impacted all its 4.2 million members. 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...

Security & Fraud
Bug In Robinhood App Allows Borrowing Of Excess Funds
November 06, 2019

Robinhood Markets is reportedly experiencing a glitch that enables users to trade stocks with (essentially) free money. 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...

Partnerships / Acquisitions
Wirecard To Buy China’s AllScore To Expand Cross-Border Licenses
November 05, 2019

Wirecard announced that it is set to gradually acquire all shares in Bejing-based AllScore Payment Services so it can expand into cross-border licenses. After the deal is closed, Wirecard will hold 80 percent of the shares in AllScore. There is a call option that will...

Regulation
Lawmakers Push For New Agency Focused On Big Tech Regulation
November 05, 2019

Two Democrats have introduced a new bill that would create a federal agency tasked solely with regulating the tech industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Coca-Cola Supply Co. To Expand Blockchain Efforts After Successful Trial
November 05, 2019

Coca-Cola’s supply chain operations are run by an IT firm called Coke One North America (CONA), and the company recently had such a successful run with blockchain software provider SAP that it’s going to expand the program from two to 70 manufacturers, according to reports. ...

B2B Payments
Workday To Expand Procure-To-Pay Via Scout RFP Acquisition
November 05, 2019

Workday is going to acquire cloud-based procurement and e-software company Scout RFP for $540 million, according to reports. 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...

Partnerships / Acquisitions
Walgreens Boots Could Go Private In Potentially Largest Buyout Ever
November 05, 2019

Walgreens Boots Alliance could be going private in what would be the largest leveraged purchase of a company ever, 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...

eCommerce
Jamaican Shoppers Can Now Pay For Amazon Orders At Western Union
November 05, 2019

Amazon shoppers in Jamaica can now pay for their items in local currency at Western Union locations across the country, according to a release on Tuesday (Nov. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Ripple Accused Of Making False Claims About SWIFT’s Error Rate
November 05, 2019

San Francisco-based blockchain FinTech Ripple is being questioned about its claims that rival cross-border payments firm SWIFT has a 6 percent error rate, AMBCrypto reported Tuesday (Nov. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...