News

Payments Innovation
SWIFT gpi Accounts For 25 Percent Of SWIFT Cross-Border Payment Traffic
May 24, 2018

SWIFT announced Thursday (May 24) that 25 percent of all SWIFT cross-border payment traffic is being sent over the global payments innovation — or gpi — in the 15 months since the service was rolled out. Get the Full Story Complete the form to unlock this article and enjoy...

Ridesharing
Uber’s Q1 Profit Thanks To Sale Of Grab
May 24, 2018

Uber was able to turn a $2.5 billion profit during the first quarter of 2018, due to the company selling its Southeast Asian business to Grab and its Russian business to Yandex. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
Barclays Mulls Bank Deals Including With Standard Chartered
May 24, 2018

Barclays is looking at inking a merger deal with an international bank or banks, with Standard Chartered among the potential targets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Partnerships / Acquisitions
PayPal’s Ready On iZettle Buy And Taking SMBs Multi-Channel
May 24, 2018

The omnicommerce headlines, PayPal COO Bill Ready noted in a recent conversation with Karen Webster, tend to be dominated by the big players and the technologies they are using to follow the consumer across the many channels they shop with those retailers. Get the Full Story Complete the form...

Retail
WePay: Contextual Is The Future Of Commerce
May 24, 2018

In 10 years, no one will talk about “contextual commerce” — it’ll just be commerce. That’s what Rich Aberman, co-founder of WePay, predicts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Trulioo GM: The Challenges Of GDPR’s Disappearing Data Act
May 24, 2018

As the age of GDPR dawns, consumers have the power to ask that their info be erased. Firms are ready or not, and Trulioo GM Zac Cohen weighs in on how fraud may find different conduits, where the bad guys, gains ill gotten, wipe the...

Security & Fraud
As GDPR Looms, DPAs Prepare To Uphold Lawful Data Handling
May 24, 2018

In the May Digital Identity Tracker, get the latest news and trends in the digital identity space, including a provider directory of the top players and an interview with Ultan O’Carroll, assistant commissioner of Ireland’s Data Protection Commissioner, on the consequences of GDPR non-compliance.

News
Five At Five: Facebook Adds To Its Marketplace
May 23, 2018

Welcome to Five at Five, your late look at payments and commerce news you might have missed. Today’s stories focus on Facebook’s enhanced Marketplace and the latest on faster payments in Europe. Additionally, Yelp renews its antitrust complaint against Google, augmented reality might appeal to...

Security & Fraud
South Africans The Subject Of Another Data Leak
May 23, 2018

South Africa, following a massive breach in October 2017, suffered another attack, with the personal records of 934,000 South Africans being leaked. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...