Smaller banks have spent years competing with their larger fellows in signing up credit card customers. 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...
Just like cars on a highway at rush hour, transformation in city and infrastructure planning is not moving fast enough to get people where they need to go — and it’s about to become more of a problem, if Moovit Co-Founder and CEO Nir Erez...
Merchant services is newly in TSYS’s sights in the wake of closing its deal to buy Cayan. Philip McHugh, EVP and president of TSYS Merchant Solutions, tells Karen Webster that the firm’s software integration experience and scale will prove a combination that is hard to...
The SEC fired a regulatory shot across ICOs’ bows this week, sending out information requests and subpoenas to a slew of firms. The door opens for more oversight, and perhaps a freezing effect on the token sales, even while illuminating a darker corner of the...
Why steal bitcoin when you can steal the technology that enables one to make more of it? 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...
In a possible deal to strengthen its delivery network in China, Alibaba reported plans to buy out Baidu and other investors in food delivery startup Ele.me. If the deal goes through, Alibaba would control a large portion of the online food delivery business in China,...
As new payment technologies — such as digital coins make it less necessary for people to handle cash, Cardtronics said cryptocurrencies could impact its business. The disclosure was made in a 10-K report to shareholders and was filed with the U.S. Securities and Exchange Commission...
For their alleged roles in a massive stock fraud and money laundering scam involving a Picasso, the U.S. Department of Justice has criminally charged 10 defendants. Prosecutors named U.K.-based Beaufort Securities Ltd and two of its managers, among others, in the case, according to news...
Millennials are apparently reporting losing money to fraud more often than seniors. But when seniors do become financial victims, they typically take a bigger hit than millennials do, the Federal Trade Commission (FTC) said in a press release. Get the Full Story Complete the form to...
