Some prominent hedge fund managers are feeling optimistic about the U.S. economy, especially when it comes to retail and technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Secure payments enabler EMVCo has announced the launch of the full EMV 3-D Secure (EMV 3DS) Test Platform. 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...
Alphabet, the multinational conglomerate, has invested $375 million in Oscar Health, a health insurance startup co-founded by Trump advisor Jared Kushner’s brother, Joshua Kushner. CNBC reported that Alphabet now owns around 10 percent of the 6 year-old startup, which utilizes a combination of technology, provider partnerships...
Despite having the chance to apply for banking licenses with the Office of the Comptroller of the Currency, many online lenders are proceeding with caution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Cumulative downloads of Square‘s Cash App surpassed PayPal‘s Venmo for the first time ever after Square’s service grew three times faster than its rival in July. Data from Sensor Tower and Nomura Instinet revealed that the Cash App’s cumulative downloads now total to 33.5 million, exceeding...
Businesses in nearly every industry need to worry about risks, especially when it comes to fraud and security. But those dangers are even more pressing in the banking industry, where bad actors are increasingly attacking financial institutions (FIs) on multiple fronts, and using multiple techniques....
Package thefts have become so prevalent with the rise of eCommerce that those who steal packages from the doorsteps of homes and apartments have been nicknamed “porch pirates.” In particular, a Shorr Packaging analysis suggests that tech hubs such as Silicon Valley, Boston and Seattle...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes Australian plans to gain access to encrypted data, along with a funding boost for blockchain. In addition, two major retail chains have upped their digital efforts, and...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes WorldRemit’s partnership with Safaricom for money transfers to mobile money accounts in Kenya. In addition, Bambora is working with Payworks to introduce Bambora Connect, and Hong Kong-based The Bank of East...
