Warnings from the Federal Bureau of Investigation have enterprises worried about cybersecurity — specifically, concerns about ransomware attacks. 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...
Payments messaging service SWIFT has received clearance to provide access to the Eurosystem’s TARGET Instant Payment Settlement (TIPS) payment scheme, the company said Tuesday (Aug. 7). In an announcement on its website, SWIFT said that, beginning Nov. 30, financial services customers can connect to the TIPS...
In FinTech‘s never-ending path to combating friction, B2B solution providers often take one of two approaches: design a holistic solution that allows a company to entirely replace an entire function with a single, streamlined tool, or design a solution that zeroes in on one particular...
JPMorgan is setting up a financial inclusion lab in India through a partnership with the Indian Institute of Management Ahmedabad’s (IIMA) Centre for Innovation, Incubation and Entrepreneurship (CIIE). According to FinTech Futures, the $9.5 million initiative will assist FinTech startups focused on helping lower and...
Kodiak Robotics, a self-driving vehicle startup, announced that it raised $40 million in Series A funding, led by global investment firm Battery Ventures. CRV, Lightspeed Venture Partners and Tusk Ventures participated in the funding round as well. Battery Ventures General Partner Itzik Parnafes will join...
As PayPal tries to turn Venmo into a mainstream payments app, there are concerns over consumer privacy. 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...
Samsung Group, the South Korean consumer electronics company, is gearing up to spend $22 billion on advanced technologies as it seeks new avenues of growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
When it comes to the topic of future proofing, WePay Co-founder Rich Aberman told Karen Webster for this week’s edition of Unscripted Podcast, one should take all claims with an appropriate grain of salt. Depending on how long of a view one takes, the future...
As mobile commerce and apps become more sophisticated (cooler, perhaps), it can be easy to look down on the contribution of banks to this expanding digital ecosystem. Banks, after all, are virtually ancient, and represent something older than even the rotary phone. However, banks — as...