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...
With unemployment at new lows, staffing has become a challenge for retail companies. Retailers had 757,000 job openings in July, which is roughly 100,000 more than they had a year before, The Wall Street Journal reported. Get the Full Story Complete the form to unlock...
There are many things that jump out at the shopper at the new MATCHESFASHION.com location in London’s Mayfair. The space has been described as a “store-come-house-come-school-come-gallery” by reviewers who have raved that the new store could be “a blueprint for the future of fashion.” The location...
Prepared food vendors are honing in on a sizable portion of U.S. consumers: They are turning their attention to food tribes, or the 35 to 40 percent of the population who have specific dietary preferences. These customers might be on restricted diet, such as Whole30,...
