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...
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...
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...
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...
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...
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...
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...
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 —...
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...