News

Ridesharing
Expedia Head Dara Khosrowshahi Will Be Uber’s CEO
August 28, 2017

Uber Technologies may have been mulling General Electric Chairman Jeff Immelt as its new CEO, but it seems Expedia chief Dara Khosrowshahi will be Uber’s new CEO instead. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
New York State Of (Cybersecurity) Mind
August 28, 2017

New cyber-rules are taking effect in New York state, with wide-ranging impact for financial services players near and far.  Brexit gets down to business on data protection, and Down Under, underworld activities are raking in the (digital) dollars.

Payment Methods
New York City Cashless Tolls May Spawn Congestion Pricing
August 28, 2017

New York City will have nine crossings void of tollbooths and tellers, relying solely on sensors and cameras to charge drivers, the majority of which have E-ZPass transponders. The accomplishment is seen as the first step in moving toward congestion pricing, something the mayor of...

B2B Payments
Corporate Banking Readies For New Challenges From Open APIs
August 28, 2017

Open APIs are finally making their mark in the financial services space, shifting the approach to everything from product development to security. Some of the most acutely felt disruptions are in corporate banking, a space that traditionally lags behind consumer financial services in terms of...

International
Samsung Vice-Chair Appeals Bribery Conviction
August 28, 2017

Samsung Electronics vice chairman Jay Y. Lee is looking to appeal the five-year jail term he was recently given for bribery and other charges.  Lee was sentenced to five years last Friday. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
When Bank Robbers Overdraw Their Luck Account
August 26, 2017

Bank robberies, even the quirky ones, are serious business. People get killed, hurt or emotionally traumatized by these events. And as scary as it is for victims, sometimes the perpetrator’s story is just as sad, even in cases that appear funny at first glance –...

Partnerships / Acquisitions
Urban FT Confirms Its Making A Bid To Buy Digiliti Money Group
August 25, 2017

Urban FT, an industry leading software as a service (SaaS)-based digital banking platform, has confirmed it is in advanced negotiations with Digiliti Money Group (DGLT) regarding a potential transaction to help DGLT avoid potential bankruptcy proceedings. Get the Full Story Complete the form to unlock this article...

International
New Law Will Force UK Clearing Houses To Complete Regular Cybersecurity Reports
August 25, 2017

Legislation expected to be introduced in May 2018 will require U.K. clearing houses to complete regular cybersecurity reports, moving regulation closer to current EU directives around critical financial market infrastructure, including the Network and Information Security (NIS) Directive. Get the Full Story Complete the form...

Payment Methods
Performance Food Group Introduces NCR Silver POS Solution To Restaurants
August 25, 2017

Performance Food Group Company, a leading food service supplier, announced that it has entered into a strategic referral relationship with NCR to bring NCR Silver, the cloud-based point-of-sale (POS) solution, to more restaurants throughout the United States. Get the Full Story Complete the form to...