News

B2B Payments
ICICI Bank Rolls Out SWIFT gpi
April 09, 2018

SWIFT’s global payments initiative (gpi) service has a new bank on board. 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 daily newsletter, PYMNTS Today. By...

B2B Payments
CivilisedBank Releases Banking License To Focus On Tech
April 09, 2018

U.K. challenger bank CivilisedBank announced plans to release its banking license to instead focus on developing its underlying infrastructure and technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Mobile Commerce
Without Wow Factor, Smartphone Sales Expected To Be Flat In 2018
April 09, 2018

Smartphone growth last year was just 2.7 percent — and while market research firm Garner is projecting that sales of smartphones will jump close to 5% this year, that forecast may prove to be too optimistic given the lack of reasons to upgrade. Get the...

International
India Issues Warrants For Punjab Bank Heist Jewelers
April 09, 2018

Non-bailable warrants have been issued for the two central figures in an alleged $2 billion scam at state-run Punjab National Bank (PNB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Iceland Needs To Do More To Fight Money Laundering, Terrorism Financing
April 09, 2018

Iceland’s efforts over the last decade to focus on crimes that were associated with the financial crisis around the globe has hurt its law enforcement of money laundering and terrorism financing, reported The Wall Street Journal. Get the Full Story Complete the form to unlock this...

Retail
Adidas Closes Stores To Double eCommerce Sales
April 09, 2018

Adidas, the German sportswear company, is gearing up to close stores to focus on investment in digital initiatives, as it aims to meet an ambitious goal of more than doubling eCommerce sales in two years’ time. Get the Full Story Complete the form to unlock...

Mobile Payments
Kenyans Can Now Connect M-PESA Accounts To PayPal
April 09, 2018

PayPal and Safaricom announced a new collaboration that will enable people living in Kenya to move money between their M-PESA and PayPal accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Walmart Steps Toward Flipkart Acquisition By Completing Due Diligence
April 09, 2018

Walmart has completed a thorough due diligence process on Indian eCommerce firm Flipkart as it prepares to take a controlling stake in the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Iranian Data Centers Hacked, Warned Not To Interfere With U.S. Elections
April 09, 2018

Data centers in Iran were attacked by a network of hackers who left an image of a U.S. flag on the screens — as well as a warning for Iran not to mess with the elections in the U.S. Get the Full Story Complete the...