Is the building and adopting of new, real-time payment rails worth the time and expense? In Hong Kong’s case, fixing the languishing state of P2P and C2B payments requires more than just upgrading an existing system. In the latest Faster Payments Tracker, executives from Standard...
FIS, a global leader in financial services technology, announced that it has connected LVMH Group to the SWIFT Global Payments Innovation (gpi). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Chinese tech giant Tencent Holdings is looking to hire self-driving car engineers in Palo Alto, California. 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...
Private equity firm Thoma Bravo has reportedly approached Symantec about acquiring the U.S. cybersecurity software company. CNBC cited a source familiar with the matter. As a result, shares of Symantec soared 15 percent in mid-morning trading on Tuesday (Nov. 6). Get the Full Story Complete the...
Lender Investors Bancorp is reportedly ready to start reaching out to potential buyers as it considers a sale. According to The Wall Street Journal, Investors, which has about 150 branches in New Jersey and New York, has hired Keefe, Bruyette & Woods to advise on the...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest European push to tax such companies as Google, Apple, Facebook and Amazon. NCR makes a fraud prevention move, Airbnb landlords get a hefty fine, Amazon...
In what is being viewed as a huge security breach, The Economic Times of India reported on Tuesday (Nov. 6) that nearly all of the banks in Pakistan have been hacked. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
HSBC, the U.K. bank, disclosed on Tuesday (Nov. 6) that some of its U.S. customers had their accounts hacked in October. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
NCR, the banking and commerce solutions company, announced Tuesday (Nov. 6) that it has acquired StopLift Checkout Vision Systems, an intelligent computer vision system, to combat theft in the retail business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
