News

Security & Fraud
Cap One Hack Hits 100M Credit Card Applications
July 30, 2019

Capital One announced that a hacker had accessed about 100 million credit card applications, as well as thousands of Social Security and bank account numbers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Spain’s High Court Formally Investigating BBVA
July 30, 2019

Spain’s High Court announced that BBVA is now under formal investigation related to an alleged spying case. 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...

Ridesharing
Google-Owned Waze Expands Carpooling Features
July 29, 2019

Waze, the GPS app owned by Google since 2013, announced that it is launching a new Carpool feature that allows users to invite multiple riders to join a carpool. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Partnerships / Acquisitions
BlueTalon Data Privacy Firm Acquired By Microsoft
July 29, 2019

Microsoft has acquired a data privacy and governance service called BlueTalon, according to a report by TechCrunch. 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...

Digital Banking
London FinTech Glint Pay Launches Gold-Backed Debit Card
July 29, 2019

A company called Glint Pay has launched a debit card that’s backed by gold instead of currency, according to a report in The Denver Post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
BAMS, First Data JV To Call It Quits In 2020
July 29, 2019

With their joint venture set to end next year, First Data (now Fiserv) and Bank of America said on Monday (July 29) that they will pursue independent merchant services strategies starting in June 2020. The companies, however, have an agreement to provide Bank of America...

Ridesharing
Uber Announces Layoffs Of 400 Marketing Employees
July 29, 2019

Uber has laid off one third of the employees, or 400 people, in its marketing department, according to a report in The New York Times.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
Citigroup Fined $1.25M For Background Check Infractions
July 29, 2019

The Financial Industry Regulatory Authority (FINRA) has fined Citigroup’s global markets business $1.25 million for not performing background checks on thousands of non-registered employees for a period of seven years, according to a report by Reuters. Get the Full Story Complete the form to unlock...

International
Swiss Franc Weakens On Impending US And Europe Rate Cuts
July 29, 2019

In the face of impending rate cuts in the U.S. and Europe, the Swiss central bank has taken steps to weaken the Swiss franc and put rising pressure on the currency, according to a report by The Wall Street Journal. Get the Full Story Complete...