News

International
China Tech Firms Will Face ‘Dire Consequences’ For Complying With US Ban
June 10, 2019

China has sent out a warning to several tech companies promising “dire consequences” if they comply with the U.S. ban on Huawei. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
Huawei Blacklist Could Impact 5G Standards
June 10, 2019

The 5G standards body has warned that a ban on Huawei could have “a dramatic impact” on future standardization, while analysts believe it could lead to a split in the development of the technology. Get the Full Story Complete the form to unlock this article...

Ridesharing
Lyft Sues SF Over Bikesharing Contract Violation
June 10, 2019

Lyft, the ride-hailing startup, has filed a lawsuit against San Francisco claiming officials in the city are violating a contract with the ride-hailing company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Ridesharing
Uber COO And CMO Switch Out
June 09, 2019

Two big C-Suite positions announced they were stepping down from Uber last week. Chief Operating Officer (COO) Barney Harford and Chief Marketing Officer (CMO) Rebecca Messina will both be leaving the company. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Allied Wallet Settles With FTC Over Fraud Charges
June 07, 2019

Allied Wallet, an online payment provider and a client of Wirecard, settled with the Federal Trade Commission (FTC) last month over charges that it helped facilitate fraud and launder money, according to a report by the Financial Times. Get the Full Story Complete the form...

Social Commerce
Snapchat To Release Facebook-Similar Events Feature
June 07, 2019

Snapchat is reportedly preparing to release a new feature that supports events just like Facebook does, according to a report by The Verge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Partnerships / Acquisitions
MoneyGram Partners With Canada Post For Digital Money Transfers
June 07, 2019

MoneyGram and Canada Post have teamed up for a digital money transfer service that allows users to complete transactions at select Canada Post locations all over the country, according to a release. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
US AGs Prepare Probes Into Big Tech
June 07, 2019

The Wall Street Journal is reporting that state attorneys general are preparing to launch their own investigations into big tech companies like Facebook and Apple. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

News
Visa-Western Union Deal And Alexa’s Roommate Potential Top The Week’s News
June 07, 2019

Yes, the weekend has arrived! We don’t know about you, but it was a busy week for PYMNTS, given all the news coming from the worlds of payments and commerce. Review our coverage, including stories about Stripe’s chargeback protection plan, the latest on open banking...