Blockchain-based challenger bank BABB — which stands for Bank Account-Based Blockchain — announced it will be holding an equity crowdsale to cover the costs of obtaining a banking license. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The U.S. Treasury Department is reportedly gearing up to announce rules that would prevent companies with 25 percent or more Chinese ownership from purchasing a U.S. company that has “industrially significant technology,” Reuters reported. Get the Full Story Complete the form to unlock this article...
Kenyan bankers and fund managers have warned a proposed “Robin Hood” tax on many transactions will threaten the future of the country’s economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
WhatsApp, the Facebook-owned messenger app, is gearing up to roll out 24-hour customer support for customers who use its upcoming payment services in India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
AlipayHK and GCash announced Monday (June 25) the launch of a cross-border remittance service via their e-wallet platforms that is powered by blockchain technology developed by Alipay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
From music royalties to airline vouchers, there are many reasons organizations may need to push payments to individuals in various amounts, currencies, forms and frequencies, including real time. For instance, say that a flight has been delayed and all its passengers will need accommodations for...
National Selfie Day has passed into the history books once again. 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...
The U.S. Treasury Department is poised to release a report over the next few weeks that will give some recommendations on regulating financial services, with a nod to the advantages of FinTech efforts and sandboxes that encourage innovation. Get the Full Story Complete the form...
Due to a recent outage, some Bank of Ireland customers were unable to use their debit cards. The bank reported that approximately one in seven customers were unable to use their Visa cards at point-of-sale (POS) terminals, according to news from Independent.ie. Get the Full Story...
