News

Regulation
EU Fines Banks Billions For Manipulating Currency Prices
May 16, 2019

The European Union has slapped Barclays, RBS, Citigroup, JPMorgan and MUFG with a €1.07bn fine over allegations that they worked together to manipulate the foreign exchange market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Former JPMorgan Asia Executive Charged In Hiring Scandal
May 16, 2019

A former JPMorgan Chase executive was charged in Hong Kong for bribing an executive of another firm by offering his son a job through the bank’s “Sons and Daughters” hiring program in Asia. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Six Countries Join Forces To Stop Cybercrime Network
May 16, 2019

Six countries, including the U.S., shut down a cybercrime network that stole around $100 million from victims. 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...

Regulation
Alibaba’s Ma Worries EU Regulations Will Stifle Tech Innovation
May 16, 2019

Jack Ma, the Chinese billionaire and founder of Alibaba, expressed concerns technology companies will be harmed by increased regulation coming out of Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Digital Banking
Payments Remain Key To Customer Service For Bank Of The West
May 16, 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...

Retail
Online Retailers Face New Threats From Hackers
May 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing,...

Retail
Innovating New Direct Paths To Customers For DTC Startups
May 16, 2019

The trouble with direct-to-consumer (DTC) brands is that the name belies how hard it actually is to reach and recruit the consumer. This is particularly hard for unknown emerging brands — and it gets exponentially harder the more crowded the field gets with competitors. When...

Retail
Taking A Customized eApproach To Furniture
May 16, 2019

Some entrepreneurs are inspired to start companies because of their experiences: Edgar Blazona was tired of going to dinner parties and hearing how challenging it was to order furniture. Blazona, in turn, decided to think about how to create a model that was quick and...

Retail
Taco Bell To Open ‘The Bell’ Hotel
May 16, 2019

To provide consumers with an immersive way to experience its brand, Taco Bell is launching The Bell: A Taco Bell Hotel and Resort in Palm Springs, California for a limited time this summer. The property’s amenities, from poolside cocktails to guest rooms to breakfast choices,...