Oracle’s new blockchain service for the enterprise is now live, reports in Fortune said Monday (July 16). 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...
The blockchain hype-machine is driven largely from the technology’s proponents that say they have an application of the tool for everything: payments, risk mitigation, contracts, KYC (Know Your Customer) compliance, financing, cloud storage, an alternative to foreign exchange, credit underwriting. And that’s only the corporate...
A speed bump may loom in NY, where the state regulatory is drawing a bead on traditional FI/FinTech linkups, with interest rates on lending (including corporate lending) in sight. Elsewhere, not every bank is scrambling to link with a tech upstart – look to Hong...
Salesforce announced that it has signed a definitive agreement to acquire Datorama, a cloud-based, AI-powered marketing intelligence and analytics platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
U.K. bank Barclays is considering whether it should expand further into the U.S. According to The Wall Street Journal, Barclays is considering the move due to pressure from activist shareholder Sherborne Investors. Other possibilities include rolling out its U.K. payments platform in the states, as...
A new report has found that the global installed base of point-of-sale (POS) terminals grew to almost 109 million units in 2017. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Revolut, the U.K. digital bank, identified evidence of money laundering on its digital payment system, which prompted it to alert authorities including the National Crime Agency and Financial Conduct Authority. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
ATM network operator LINK has partially canceled its plans to cut the fees that banks pay to British cash machines operators. Finextra reported that, earlier this year, LINK had announced a phased 20-percent reduction in interchange rates over four years. The first 5 percent cut took...
Ele.me, the food delivery platform acquired by Alibaba Group, is looking for $2 billion in new financing to help it take on rival Meituan Dianping. According to Bloomberg, Ele.me wants to expand a business that’s burning enormous amounts of cash, according to anonymous sources. Get...
