The Financial Stability Board (FSB), a global finance regulator, warned that the proliferation of eCommerce giants like Facebook, Amazon, Alibaba and Apple in the financial sector is expected to continue and will disrupt the industry, according to a report. Get the Full Story Complete the...
Amazon has launched a service called Moments, to let developers create actions for customers and give them rewards for completing them, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Finablr, a payments and foreign exchange company in the United Arab Emirates (UAE), said it will launch an Initial Public Offering (IPO) next month, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Nearly half of the U.K. corporate structures that are tied to money laundering don’t meet the ownership regulation, but haven’t faced any punishment since the rules aren’t enforced, reported the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the introduction of automated teller machines (ATMs) with facial recognition technology from Spain’s CaixaBank. The U.K.’s Tesco Bank unveiled Apple Siri functionality for its mobile app, state-owned firms in...
Amazon is under fire in Austria, with the Austrian Federal Competition Authority reviewing the firm’s dual role as a leading retailer and a platform for small merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Coffee Meets Bagel, the online dating site, disclosed on Thursday (Feb. 14) that it was hacked. 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...
Apple has been infiltrated by software pirates who figured out a way to use digital certificates to gain access to an Apple program, which corporations use to distribute business apps, as a means of rolling out hacked versions of popular apps. Get the Full Story...
Ant Financial, the Chinese financial services affiliate of Alibaba, has inked a deal to acquire WorldFirst, the U.K. payments company. 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...
