News

Regulation
Trump Says America Should Be Suing Tech Companies, Not EU
June 27, 2019

U.S. President Donald Trump lashed out at the EU on Wednesday (June 26) for its aggressive pursuit of U.S. tech companies and singled out EU antitrust commissioner Margrethe Vestager, saying she “hates America.” Get the Full Story Complete the form to unlock this article and...

Investments
Funding Round Pushes Resale Site StockX To Unicorn Status
June 27, 2019

StockX, the world’s first “stock market of things,” announced that it has closed on a $110 million Series C funding round, leading it past a $1 billion annual GMV run rate in less than three years. Get the Full Story Complete the form to unlock...

Security & Fraud
Florida City Pays Hundreds Of Thousands To Hackers
June 27, 2019

One small Florida city has had to pay cybercriminals thousands of dollars in ransomware. 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...

Retail
Tesco Plans For Cashierless Stores
June 27, 2019

Tesco is teaming up with an Israeli startup to become the next food retailer to go cashierless. Anonymous sources have revealed to Bloomberg that Tesco, the U.K.’s largest grocery chain, has partnered with Trigo Vision, the creator of a system of cameras and software, enabling...

Digital Banking
Delivering a Generation-Bridging Banking Experience
June 27, 2019

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 this form, you agree to receive marketing communications from PYMNTS and...

International
Chinese Consumers’ Pullback Seen As A Global Economic Red Flag
June 26, 2019

One of the problems with trade wars is that they act more as bludgeon than scalpel. 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...

News
Amid Claims Of Bias, White House Plans Summit On Social Media
June 26, 2019

The White House is planning a July 11 social media summit that will feature a “robust conversation” about social media companies, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Wearables
Health Tech Firm Livongo Connects With Wearables
June 26, 2019

Livongo, a technology and health company that helps people with chronic conditions like diabetes, has announced that it will be able to connect to the Apple Watch, Fitbit and other wearables, according to a report by CNBC.  Get the Full Story Complete the form to...

International
RBI Clarifies Payments Data Rule For Foreign Companies
June 26, 2019

The Reserve Bank of India (RBI) has clarified a data storage rule for companies like Mastercard and Visa, which mandates foreign companies to store payment data “only in India” for “unfettered supervisory access,” according to a report from Reuters. Get the Full Story Complete the...