News

Banking
UK Challenger Banks Stumble On Stress Tests
June 16, 2019

Stress tests haven’t been kind to so-called challenger banks in the U.K., according to a Financial Times report. 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...

Risk Management
Study: GPS Fail Would Cost Economy $1B A Day
June 16, 2019

In a study of Global Positioning System (GPS) technology, researchers found that loss of the service would have an impact of $1 billion per day per an approximate estimate. The National Institutes of Standards and Technology sponsored the study, which was performed by RTI International...

Regulation
Former FTC Chairman Seeks Balance In Big Tech Debate
June 14, 2019

In the debate between breaking up Big Tech and homing in more on privacy regulation, some observers propose seeking a balance. Former Federal Trade Commission (FTC) Chairman and George Washington University Law School Professor William Kovacic believes there’s a “synthesis” between the two sides, but...

Security & Fraud
Trump Campaign Used Shell Companies For Ad Buys
June 14, 2019

Truthout is reporting that the Trump 2020 campaign paid shell companies related to ad buyers who are part of a purported unlawful coordination plan with the National Rifle Association (NRA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

IPO
Investor Appetite For Chewy IPO Shows eCommerce Has Bite
June 14, 2019

This week marked the debut of a few surging initial public offerings (IPOs), focused on commerce done by bits and bytes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Social Commerce
Social App TikTok Continues Growth, Looks To Monetize Users
June 14, 2019

Popular social video app TikTok has been growing rapidly and is now starting to focus on monetization and advertising, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
Florida Is Latest State To Pass Autonomous Car Law
June 14, 2019

Florida governor Ron DeSantis has signed a bill that allows autonomous cars to operate on the roads without requiring a human being to be behind the wheel, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
Google CEO Pushes Back Against Regulation Talk
June 14, 2019

Google CEO Sundar Pichai pushed back against talk of regulating tech companies, saying that the move could have unintended consequences, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Global Payments
Alipay’s Many European Plays
June 14, 2019

That Alipay is moving into Europe — and looking to support the millions of Chinese and Southeast Asian tourists who travel there annually for business and pleasure — is far from a secret. It is, in fact, an ongoing goal of the last several years...