The Federal Bureau of Investigation (FBI) has launched a preliminary investigation into Amazon‘s work with the U.S. Department of Defense (DoD), shining a spotlight on the challenges technology companies face as governments procure products and services to digitize their own operations. Get the Full Story...
Corporate payments are still not a guaranteed use case for cryptocurrencies. While some analysts say crypto is a viable technology to address the friction of cross-border transactions in particular — pointing to the lack of transparency and speed in the traditional correspondent banking system —...
Barclays has divested its portfolio of physical prepaid cards in the U.K., selling the assets to Prepaid Financial Services (PFS), PFS said in a press release Wednesday (March 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Ant Financial Services Group and Jiangsu-based Hoperun Information Technology announced Wednesday (March 7) a new banking product aimed at financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
It might be the case that 2019 takes shape as a watershed year for payments regulation, marked by PSD2 and GDPR. Stakeholders in the financial services and payments arenas are navigating new rules about how data is collected, stored and shared. Get the Full Story Complete...
Amazon will shutter all 87 of its pop-up stores in the United states by the end of next month, according to a report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Discount retailer T.J.Maxx is partnering with Instagram tastemakers to promote a new term called “Maxximizing,” which the company says means not needing to sacrifice on quality or price to find cherished items, according to a press release by the brand. Get the Full Story Complete...
Fitbit announced on Wednesday (March 6) the launch of four new products – Fitbit Versa Lite Edition, Fitbit Inspire HR, Fitbit Inspire and Fitbit Ace 2 – all aimed at making health and fitness accessible to more consumers around the world. Get the Full Story Complete...
Might one leg of the trade war between China and the United States have fallen away? 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...