A credit union (CU) is now the first financial institution (FI) in Massachusetts to offer banking services to recreational marijuana companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Coverage includes the latest on Amazon’s brewing data scandal, along with news about same-day ACH. UnionPay ups its game against Alipay and WeChat Pay, Uber faces defeat in Africa and...
myPOS announced that it will open a store in Milan, Italy this week, its fourth brick-and-mortar location in Europe. 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...
Credit Suisse has been censured by FINMA, the Swiss financial supervisor, for weak anti-money laundering processes, reported Financial Times. 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...
Uber, a ridesharing company, has started testing traffic estimates for its Android riders during the past few months and has recently expanded it to its iOS users, according to reports. The feature has been live for all of Uber’s drivers and provides indicators of congestion...
Stripe, the payments company, announced on Monday (Sept. 17) the launch of Stripe Terminal, a product that will enable online businesses and platforms to accept in-person payments with Stripe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Altaba, the holding company for Yahoo assets, announced on Monday (Sept. 17) that it has sold the remaining shares of Yahoo Japan. The transaction was completed last week, but the company was restricted in announcing it until Monday. Altaba also said it settled the lawsuits...
NACHA — The Electronic Payments Association — announced that its membership has approved three new rules that will expand Same-Day ACH for all financial institutions and their customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Far from its headquarters in Bentonville, Arkansas, Walmart is seeking to deliver stronger omnichannel offerings internationally. The retailer recently announced that it was acquiring online marketplace Cornershop Inc., which offers crowdsourced on-demand delivery in Chile and Mexico. Through the service, consumers can order goods from...
