Financial services firm BBVA Compass is upgrading its mobile business banking app to add new features. 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...
The U.S. Securities and Exchange Commission (SEC) announced, according to Reuters, that it has charged Ameriprise Financial, a registered investment advisor and broker-dealer, $4.5 million due to the company’s failure to safeguard retail investor assets from theft by its representatives. According to the SEC’s order, five...
Stockholm-based Karma has raised $12 million in Series A funding, led by Swedish investment firm Kinnevik. Participants also included U.S. venture capital firm Bessemer Venture Partners, appliance manufacturer Electrolux and previous VC firm backer e.ventures. This latest round brings Karma’s total funding to $18 million....
Uber revealed that its second-quarter revenue increased 63 percent from the prior year to $2.8 billion, while gross bookings jumped 41 percent to about $12 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Aiming to detect skimmers that are placed on credit card readers, University of Florida researchers Nolen Scaife, Christian Peeters and Patrick Traynor showcased the Skim Reaper, a new device that can tell when signs of a skimmer are present. Get the Full Story Complete the form...
The shift to digital and mobile forms of payments and commerce is undeniable across various areas such as retailing, banking and B2B payments. But that does not mean a proactive mindset reigns when it comes to mobile security and innovation. Reactive ways of doing things...
When Ross Bailey, founder and CEO of Appear Here, first came up with his business concept, he wasn’t thinking about building the Airbnb of commercial real estate. He was thinking about selling t-shirts, specifically shirts he had made to celebrate the Queen’s diamond jubilee in...
Implementing AI might be all the rage, but are banks buying too much into the hype? FIs need to cut through the noise and find use cases which solve their biggest pain points, says David Berglund, SVP and AI leader at U.S. Bank. In the...
Constellation Brands is not a household name, but the intoxicants it stands behind sure are — Robert Mondavi wine, Corona beer and Svedka vodka are all under the brand. These days, all three are facing a new competitor: cannabis. Get the Full Story Complete the...
