News

Europe
EU Countries Push For Tech Funding To Compete With US And China
May 28, 2018

To make sure they can compete with the United States and China, France and Germany want an EU-wide initiative that will fund innovation and research in tech startup projects across the region. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Paytm Accused Of Sharing User Data With Indian Government
May 28, 2018

Paytm, the leading digital wallet company in India with more than 230 million customers, has reportedly shared the personal data of users with the Indian government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
Facebook, Google Get Hit With GDPR Lawsuits Totaling $8.8B
May 28, 2018

The General Data Protection Regulation (GDPR) is newly on the books in the European Union, but that hasn’t stopped Facebook and Google from being hit with a handful of lawsuits having to do with how they share data. Get the Full Story Complete the form...

Retail
Spotify-Enabled MP3 Player Selling For A Discount
May 28, 2018

Mighty, the MP3 player that gives people access to Spotify, is selling for a discounted rate for a limited period of time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
USAA: Building Financial Services For Those Who Serve
May 28, 2018

Memorial Day, for most, is a day filled with fun. Kids and their parents get a day off, families hit the road to beaches or amusement parks and BBQs (and Beet-B-Qs) will break out in backyards everywhere. Get the Full Story Complete the form to unlock this article...

Merchant Innovation
Mayochup, Beet-B-Qs And Rosé Marshmallows — The Summer Of 2018 In Strange Eating
May 26, 2018

It’s been called many things: Fry Sauce, Go Sauce, Russian Dressing, Dutch Sauce, Golf Sauce. On occasion, it’s called nothing in particular. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
FBI Says Russian Hackers Have Compromised Routers
May 25, 2018

U.S. authorities said Friday (May 25) that Russian hackers had “compromised hundreds of thousands of home and office routers and could collect user information or shut down network traffic,” according to a report from Reuters. The new follows warnings earlier this week about a potential...

International
Estonia Sees $13B In Money Laundering Over Four Years
May 25, 2018

After reports of money laundering caused lenders in Estonia and Latvia to close, police said on Friday (May 25) that more than $13 billion (or about €11 billion) was laundered through banks in Estonia between 2012 and 2016. Much of the money was reportedly laundered...

Partnerships / Acquisitions
Verifone ‘Go Shop’ Period Expires, Clears Path For ‘Go-Private’ Deal
May 25, 2018

Verifone said Friday that the “go shop” period under the terms of its merger agreement with Vertex Holdco has expired, paving the way for Verifone to be acquired by the latter in a deal that takes the payments giant private. Get the Full Story Complete...