Trust is inherent in banking, and has been since the beginning, when people decided to store coins and bills in vaults. Entersekt SVP of North America Sherif Samy explains why pairing the trust factor with the (mobile) form factor can help banks adopt a successful omnichannel...
New York Rep. Alexandria Ocasio-Cortez is asking for hearings in Congress on why Wall Street is lending money to private prisons that house undocumented immigrants, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
BlackBerry has acquired the artificial intelligence and cybersecurity company Cylance for $1.4 billion in cash, in a bid to assist with plans to make software for autonomous cars, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Authorities in the United Kingdom have warned that there are Instagram posts that promote false “get rich quick” investment scams, and that the schemes have already tricked hundreds of people out of an average of about £9,000, according to reports. Get the Full Story Complete...
Bank of America will drop the Merrill Lynch name from its trading and investment banking outfits, 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...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Hong Kong-based Tappy Technologies‘ collaboration with the Timex Group. U.K.-based Juniper Research is projecting that contactless payments will be on the uptick, Sage is teaming up with FinTech Modulr...
California Representative Maxine Waters has written an open letter to employees of the Consumer Financial Protection Bureau (CFPB) and urged them to provide information and assistance from inside the organization, according to reports. Get the Full Story Complete the form to unlock this article and...
Though the Chinese economy is slowing, and stock markets may be viewed by at least some observers as lofty, reports surfaced Sunday (Feb. 24) and Monday (Feb. 25) that China’s largest insurer (as measured by market cap) aims to take its OneConnect financial management unit...
Victoria’s Secret is facing new competition, this time from Target, which is gearing up to enter the lingerie and sleepwear market. According to a report in CNBC, Target will launch three lines of lingerie and sleepwear this spring in direct competition to Victoria’s Secret. The...
