News

Banking
Paris Tapped As New Home Of The European Banking Authority
November 22, 2017

The European Banking Authority (EBA) has made a decision to move to Paris, France, a relocation that should increase the chances of the city luring London banks once Brexit is complete. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Delivery
Report: Delivery Drives Consumer Holiday Retailer Decisions
November 22, 2017

A recent survey has revealed how important efficient delivery is for consumers – especially around the holidays. 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...

Security & Fraud
Uber Hacked A Year Ago, 57M People Compromised
November 22, 2017

Uber has been hit with another scandal: This time, it’s the revelation that hackers stole the personal data of 57 million customers and drivers more than one year ago – and that its chief security officer hid the breach and paid hackers $100,000 to delete...

Europe
More EU Countries Get Instant Credit Transfers Through SEPA
November 22, 2017

The European Payments Council has announced the launch of its Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst), which enables nearly 600 payment service providers from eight European countries to offer instant payment solutions. Get the Full Story Complete the form to unlock...

Payment Methods
PayPal Takes Invoicing To Messenger
November 22, 2017

Digital payments company PayPal announced Tuesday (Nov. 21) it has launched the ability for customers to send invoices via Facebook Messenger. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Walmart CEO Says Turnaround Giving Them (Wall) Street Cred
November 22, 2017

Walmart CEO Doug McMillon said the company’s turnaround, which was aimed at pushing back against Amazon’s dominance, is finally starting to resonate with Wall Street. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

eCommerce
Swiss Consortium Adopts Single Digital Identity For Online Purchases
November 22, 2017

A consortium of nine large companies — including UBS, Credit Suisse, Swisscom, Swiss Post, SIX, Raiffeisen, Swiss Railways, Zuercher Kantonalbank and Mobiliar — will enable Swiss consumers to use a single digital identity when making eCommerce purchases. Get the Full Story Complete the form to unlock this...

Regulation
China Urges Local Governments To Halt New Internet Microlender Approvals
November 22, 2017

China is regulating micro loans on the internet, with a high-level Chinese government agency issuing a notice urging provincial governments to halt approval of new web-based online lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Intel Admits To Serious Security Flaw In PC Chips
November 22, 2017

Not so good news out of Intel to go into the holiday weekend: the technology firm has admitted that there were many — and serious — flaws in the software hidden in almost every PC chip it sold in recent years. Get the Full Story...