News

Partnerships / Acquisitions
Deutsche Bank Denies Merger With UBS, Commerzbank
December 02, 2018

Deutsche Bank is not concerned it will be a takeover target despite a steep sell-off in its stock late last week after a two-day raid of its offices as part of a money laundering investigation. Get the Full Story Complete the form to unlock this...

Ridesharing
Uber Holds Deal Talks With Bird, Lime
December 02, 2018

Uber, the ride-hailing company, could make an acquisition to boost its e-scooter business, reported Engadget. 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,...

Security & Fraud
Ex-DoJ Staffer Pleads Guilty In 1MDB Scandal
December 02, 2018

George Higginbotham, a former Department of Justice employee in the U.S., pleaded guilty as part of the  1Malaysia Development Berhad bribery and embezzlement scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Payments Innovation
Are QR Codes The Salvation Army’s Digital Salvation?
December 01, 2018

Pull any list of “top 10 Christmas carols” from the web, and it will quickly become obvious that bells are deeply important to people during the holiday season. The odds are good that 30 to 40 percent of the entries on that list will either be about or reference...

Retail
China’s Tourism Lull Tarnishes Tiffany’s Stock
November 30, 2018

The stock may have rebounded a bit, but the news may linger – and may portend some speed bumps ahead for Tiffany & Co. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
EU’s Transfer Service Takes Aim At PayPal
November 30, 2018

The European Central Bank launched the TARGET Instant Payment Settlement, or TIPS, on Friday (Nov. 30), with the aim of competing with PayPal and other payment tech giants, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
HSBC To Launch AML System With Google Cloud
November 30, 2018

HSBC, one of the largest banks in the world, wants to launch its new cloud-based anti-money laundering risk management system by next year, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
Small Biz Complaints Get UK Bank Support
November 30, 2018

Financial Times reports that a number of banks in the U.K. have agreed to give smaller firms more power when it comes to complaints about their lenders (which include the banks) – a move that the publication said aims to “restore trust” in corporate banking....

Partnerships / Acquisitions
WeWork, sweetgreen Pair On Order-Ahead
November 30, 2018

Sweetgreen, a salad startup, and WeWork, a provider of a global network of office spaces, are teaming up to allow customers to pick up food from a WeWork location of their choice, according to a report. Get the Full Story Complete the form to unlock...