News

Alternative Finances
The Problems With Postal Banking
May 16, 2019

Last week presidential candidate Sen. Bernie Sanders and freshman New York Rep. Alexandria Ocasio-Cortez made a lot of headlines with the Loan Shark Prevention Act — a big, wide-ranging piece of consumer protection legislation that would do two main things. Get the Full Story Complete the...

Regulation
France’s Macron: US Private Sector Has Too Much Sway On Policy
May 16, 2019

France’s President Emmanuel Macron took issue with the American business model, arguing during a tech summit in Paris that the private sector has too much influence on U.S. policy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Kr Space Raises $145M To Shift Its Focus
May 16, 2019

Kr Space, the Chinese co-working startup equivalent to WeWork in the U.S., raised $145 million in funding. 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...

Retail
China Tariffs Will Cause Price Hike At Walmart
May 16, 2019

Walmart’s prices will rise due to the ongoing trade war between the U.S. and China, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
EU Fines Banks Billions For Manipulating Currency Prices
May 16, 2019

The European Union has slapped Barclays, RBS, Citigroup, JPMorgan and MUFG with a €1.07bn fine over allegations that they worked together to manipulate the foreign exchange market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Former JPMorgan Asia Executive Charged In Hiring Scandal
May 16, 2019

A former JPMorgan Chase executive was charged in Hong Kong for bribing an executive of another firm by offering his son a job through the bank’s “Sons and Daughters” hiring program in Asia. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Six Countries Join Forces To Stop Cybercrime Network
May 16, 2019

Six countries, including the U.S., shut down a cybercrime network that stole around $100 million from victims. 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...

Regulation
Alibaba’s Ma Worries EU Regulations Will Stifle Tech Innovation
May 16, 2019

Jack Ma, the Chinese billionaire and founder of Alibaba, expressed concerns technology companies will be harmed by increased regulation coming out of Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Digital Banking
Payments Remain Key To Customer Service For Bank Of The West
May 16, 2019

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 newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...