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Royal Bank of Canada (RBC) and BGN Technologies, the technology transfer company of Ben-Gurion University of the Negev in Israel, announced this week that RBC will invest $2 million into research at Ben-Gurion University’s cybersecurity research center. In a press release, RBC said the funding will go to support...
UnionPay International is partnering with Bank of China’s Canadian unit to launch its QR code payment service in Canada. According to a report in Verdict, all of the Foodymart stores in Canada will now accept UnionPay QR code as a payment method. UnionPay, noted the...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Coverage includes two stories about the trade war that is taking shape, and two more stories about the latest Amazon moves, including in Europe. There is also acquisition news from...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mastercard’s partnership with Selcom in Tanzania. In addition, Grab is rolling out mobile wallet credits in Malaysia, while U.S.-based Concord is rolling out an externally audited implementation of General Data...
Amid the trade war that is still taking shape between the United States and China and the United States and several other countries, Treasury Secretary Steve Mnuchin has stated that investment controls are needed with the aim of protecting U.S. technology interests. Get the Full...
The theory is that a strong U.S. economy — buttressed by record employment and enthused consumer spending — will mean U.S. business can withstand a trade war better than other nations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The story at Etsy in summer 2018 is a much more cheerful tale than the story of Etsy entering the summer of 2017. After a big switch at the top — in May 2017, the board fired the firm’s longtime CEO Chad Dickerson and put former...
Luxury retail has run into a conundrum as digital channels and eCommerce continue to edge out brick-and-mortar shopping venues. Although eCommerce may not be replacing traditional retail just yet, it’s a channel that merchants can’t afford to ignore. Despite this widely accepted reality, many luxury...