Xoom, PayPal’s international digital money transfer service, is launching in the U.K. and 31 countries, allowing millions of users to remit in bytes and bits. Julian King, Xoom general manager, tells PYMNTS that PayPal’s scale and expanded send-side presence can let people transact across digital...
American Express has reported that its American consumer card delinquency rate was 1.4 percent for June, the same number it was in May, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Data-driven maternal and infant health tech startup Mahmee has garnered $3 million from tech investor Mark Cuban, tennis icon and entrepreneur Serena Williams and others to build out its digital landscape aimed at preventing critical gaps in maternal health. Get the Full Story Complete the form to...
The cybersecurity company Symantec has found an exploit that can be breached by hackers using WhatsApp and Telegram media files, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As computers become more and more powerful and start to utilize quantum technology, today’s security measures, like encryption, will increasingly be at risk, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Banking institutions will get “left behind” if they don’t evolve as big tech companies continue disrupting the financial system, the latest research from the International Monetary Fund (IMF) says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Only Amazon could alter the meaning of long-established units of time. 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. By completing...
Card delinquencies have remained steady at Bank of America, which reported June credit card delinquencies of 1.56 percent. The figure registered at the same rate as the prior month, SeekingAlpha reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Starbucks has designed a new store around order-ahead and delivery as the upstart coffee company Luckin Coffee takes hold in the Chinese market. Starbucks opened its inaugural Starbucks Now store in Beijing, China to combine digital and physical customer touchpoints. The experience is said to...
