News

Payments Innovation
Are Retailers Ready For Amazon’s Prime Time?
June 25, 2018

My plan on Friday evening was to write a hard-hitting piece on a services segment with incredible marketplace friction. Then I went to Whole Foods on the North Shore of Boston Saturday morning to do some grocery shopping. Get the Full Story Complete the form...

Bitcoin
Swiss Central Bank Nixes National Crypto
June 25, 2018

Schweizerische Nationalbank Board Director Thomas Moser said he doesn’t think it’s the right time to talk about issuing a national cryptocurrency for the country. During the “Future of Token Economy” panel at the Crypto Valley Conference in Zug, Switzerland last week, Moser said that blockchain is...

International
Trump To Block Chinese Tech Investments
June 25, 2018

The U.S. Treasury Department is reportedly gearing up to announce rules that would prevent companies with 25 percent or more Chinese ownership from purchasing a U.S. company that has “industrially significant technology,” Reuters reported. Get the Full Story Complete the form to unlock this article...

Banking
Startup Holds Equity Crowdsale For Banking License
June 25, 2018

Blockchain-based challenger bank BABB — which stands for Bank Account-Based Blockchain — announced it will be holding an equity crowdsale to cover the costs of obtaining a banking license. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
‘Robin Hood’ Money Transfer Tax Threatens Kenyan Financial Services
June 25, 2018

Kenyan bankers and fund managers have warned a proposed “Robin Hood” tax on many transactions will threaten the future of the country’s economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payment Methods
WhatsApp Payment Customers In India To Have 24-Hour Support
June 25, 2018

WhatsApp, the Facebook-owned messenger app, is gearing up to roll out 24-hour customer support for customers who use its upcoming payment services in India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cross Border Commerce
AliPay, GCash Launch Blockchain Cross-Border Remittance Service
June 25, 2018

AlipayHK and GCash announced Monday (June 25) the launch of a cross-border remittance service via their e-wallet platforms that is powered by blockchain technology developed by Alipay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
38 Percent Of Local Governments Vulnerable To Cyberattacks
June 25, 2018

New research shows that 38 percent of public-sector entities will suffer a ransomware attack this year, up from 31 percent last year and 13 percent in 2016. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Bitcoin
Ethereum Co-Founder Still Bullish On Crypto
June 25, 2018

As many are looking at the red flags involved with investing in cryptocurrency, Ethereum Co-founder Charles Hoskinson isn’t worried. In fact, he believes the “future is bright.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...