Facebook has responded to Co-founder Chris Hughes’ New York Times op-ed piece written on Thursday (May 9) calling for the Federal Trade Commission (FTC) to break it up, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...
European Union antitrust regulators are going to fine seven banks for manipulating the foreign exchange market, 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 required. yesSubscribe...
African FinTech payment startup Chipper Cash has attracted some high-profile investors and raised $2.4 million in a funding round, according to a report in TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the Czech Republic-based Twisto’s €14 million raise. In addition, U.K. cash deposit platform developer Flagstone took in £11m in funding, and another four firms have reportedly received banking licenses...
The banking regulator in Hong Kong has issued an additional four online-only banking licenses to Ping An, Alibaba, mobile phone maker Xiaomi and a joint venture (JV) consisting of Tencent, ICBC and Hillhouse Capital. Get the Full Story Complete the form to unlock this article...
A group of privacy and child advocacy groups is filing a complaint with the Federal Trade Commission (FTC) alleging that Amazon’s Echo Dot Kids devices record and save the conversations of children. Get the Full Story Complete the form to unlock this article and enjoy...
Loomis, the Swedish cash handling company, said it will launch an internal inquiry into allegations it was involved in a money laundering scandal in Denmark. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Square, the digital payments company, has inked a deal with delivery startup Postmates to provide an on-demand delivery for Square small business customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The internal frame backpack — beloved by students, hikers and itinerant types all over the world — first entered the market in its modern form in 1967 when it was introduced to the world by its inventor, Greg Lowe. In the intervening 52 years, the...
