Square, the digital payments company, is getting into the CBD market, launching a payment processing service for the industry. 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...
Rideshare company Lyft has announced that Citi Bike has now been completely integrated into its smartphone app. In July 2018, Lyft acquired Motivate, the largest bikeshare operator in the U.S. and the parent company of Ford GoBike and Citi Bike. Lyft reportedly paid approximately $250...
A software glitch that was in effect for almost a decade prevented Deutsche Bank from detecting potentially suspicious transactions that would be flagged for authorities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The B2B space needs to transform from paper-based to automated process — and nowhere is this more apparent than with accounts payable (AP). As Jessica Moran, general manager of Paymode-X Business Solutions at Bottomline, tells Karen Webster, collaborations between banks and FinTech firms can smooth the...
Germany’s financial markets watchdog BaFin has ordered FinTech N26 to boost its anti-money laundering (AML) controls. 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...
U.S. Treasury Secretary Steven Mnuchin told Congress on Wednesday (May 22) that he spoke with Walmart Chief Financial Officer Brett Biggs about the effects of the U.S.-China trade war on prices, according to a report by CNBC. Get the Full Story Complete the form to...
Even though a potential merger with Deutsche Bank fell through, Commerzbank CEO Martin Zielke said he’s still open to the possibility of merging with another bank, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy...
At a meeting on Wednesday (May 22), Amazon Shareholders shot down two proposals to monitor and curb the eCommerce giant’s facial recognition service, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
European Competition Commissioner Margrethe Vestager said measures put in place for Google to boost competition in online shopping results appear to be working, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...