Uber CEO Dara Khosrowshahi said he disagrees with Tesla CEO Elon Musk’s assertion that a fleet of robotaxis will be ready by the end of 2020, according to a report by CNBC. He does, however, agree that the future is going to be in electric...
At the end of another busy week, it can pay to look back at some of the biggest recent news in payments and commerce. And this week was a meaty one for news: Mastercard and Visa made acquisitions, the Facebook payment proposition was dissected, new findings...
The eyeDisk, a USB flash drive that claims to be unhackable, has been hacked by a U.K.-based cybersecurity firm called Pen Test Partners, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The data protection watchdog in the U.K. has found that Her Majesty’s Revenue and Customs (HMRC) collected millions of biometric voice data from citizens without their consent, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
When it comes to money, the little things really do matter — the really, really little things. That’s what Australian authorities are learning this week in a case that involves an expensive typo on 46 million of the country’s new $50 notes. And it’s a lesson...
Three popular payment companies, Alipay, Adyen and Klarna, have teamed up to allow AliExpress shoppers to use Klarna’s “Pay Later” option for online shopping, according to a release. The pay later option is enabled through Adyen, the payments provider behind AliExpress. With the new option,...
The Competition Commission of India (CCI) has reportedly ordered an investigation into Alphabet Inc.’s Google unit to look into alleged abuse of its Android mobile operating system’s dominance in order to block competitors. The watchdog reportedly found merit in the accusations in April and launched...
Card payments in Germany, a traditionally cash-forward country, have surpassed cash payments for the first time in history, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
As part of a broader look at environmental, social and governance factors on credit scores, Fitch Group Inc. noted that shortcomings in financial crimes and anti-money laundering (AML) controls are more likely to impact the credit rating of a bank than non-financial factors. Categories examined...
