News

Retail
Walmart Closes $16B Flipkart Deal
August 09, 2018

India’s anti-trust regulator has approved Walmart’ $16 billion acquisition of online marketplace Flipkart. 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....

Regulation
Some States Readying For A Fight Over Federal Government’s FinTech Oversight
August 09, 2018

Some states are girding for a fight with the Trump White House over plans for the federal government to increase its role in overseeing the FinTech startup market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
Money Laundering Runs Rampant On Canadian Border
August 09, 2018

Law enforcement officials are seeing a rise in money laundering cases in Canada, and some say the country isn’t doing enough to clamp down on the criminal activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Flipkart Funds Paytm Rival In India
August 08, 2018

Flipkart, the India eCommerce player, has reportedly invested ₹452 crore ($66 million USD) into PhonePe, its payments unit. 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...

News
Five At Five: NYC Votes To Impose Ridesharing Cap
August 08, 2018

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes New York lawmakers seeking to put a cap on ridesharing services, states working to embrace blockchain, Hawaii saving money by converting some functions to digital,...

Security & Fraud
Apple Says iPhones Do Not Listen In On Users
August 08, 2018

Apple told lawmakers in the U.S. this week that its iPhone isn’t listening in on users without their permission, and that it doesn’t let third-party app developers listen in on customers’ calls. Get the Full Story Complete the form to unlock this article and enjoy...

Ridesharing
Uber And The Cap Conundrum
August 08, 2018

New York City. If you can make it there, you’ll make it anywhere. 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....

Security & Fraud
Homeland Security Researchers Find Security Holes In Mobile Devices
August 08, 2018

Department of Homeland Security researchers have reportedly found many security vulnerabilities in mobile devices sold by U.S.-based cellphone carriers, reported Fifth Domain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Global Payments
Anderson Zaks Rolls Out P2PE; Investly Opens Platform To Partners
August 08, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Anderson Zaks’ new encryption feature for its RedCard payment processing system. In addition, State Bank of India has rolled out a multi-option payment acceptance device, and Investly is opening up its...