News

Ridesharing
What Innovators Can Learn From Uber Cash
September 10, 2018

Long before innovators began talking about the power of ecosystems to transform commerce, scientists spent centuries studying them under microscopes in their labs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Bitcoin
Bitcoin Daily: China Says Blockchain Can Authenticate Evidence, Australia To Closely Monitor ICOs, Crypto
September 10, 2018

Crypto payments startup Wyre has acquired Hedgy, a venture-backed bitcoin smart contract development firm. 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...

Bitcoin
SEC Suspends Trading Of Two Crypto Price-Tracking Products
September 10, 2018

The U.S. Securities and Exchange Commission (SEC) announced that it has suspended trading in two investment products that track cryptocurrencies because there is confusion as to whether they are exchange-traded funds (ETFs). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

eCommerce
Walmart.com’s Foray Into High-End Outdoor Gear Stumbles
September 10, 2018

Walmart’s effort to sell pricey camping, hiking, and outdoor gear online hasn’t done well so far, which the Wall Street Journal said could be a sign of more challenges the retailer faces in taking on Amazon.com online. Get the Full Story Complete the form to...

Regulation
US State AGs Mull Tech Regulation
September 10, 2018

U.S. state attorneys general are working together to figure out the best way to regulate internet powerhouses such as Facebook, Twitter and Google. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Russian Hacker Extradited To Face Charges Over JPMorgan Attack
September 10, 2018

A Russian hacker has been extradited to the United States to face charges related to a massive breach targeting JPMorgan Chase and other U.S. companies. Reuters reported that 35-year-old Andrei Tyurin was arrested in Georgia by request of U.S. authorities, according to U.S. Attorney Geoffrey Berman’s...

Security & Fraud
EC Eyes Greater Enforcement Over Money Laundering
September 10, 2018

The European Commission is crafting a proposal aimed at giving the European Banking Authority more enforcement powers and resources to go after banks that are involved in criminal financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Danske Bank Launches Inquiry Into $150B In Money Flows
September 10, 2018

Danske Bank, Denmark’s largest bank, has launched an inquiry to see if companies with ties to Russia are laundering money through the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
DataVisor CEO On Winning The AML Arms Race
September 10, 2018

The best thing about living in the digital age, DataVisor CEO and Co-Founder Yinglian Xie told Karen Webster in a recent conversation, is the convenient access to financial services that it has created for everyone, everywhere in the world. Get the Full Story Complete the form to...