Australia is blaming the growth in online banking and digital currencies like Bitcoin for a huge increase in organized crime in the country’s financial sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Wells Fargo announced Thursday (Aug. 24) it has named Beverly Anderson as head of its cards and retail services. 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...
Market research firm Gartner announced Thursday (Aug. 24) it expects 310.4 million wearable devices to be sold around the globe this year, marking a 16.7 percent increase from 2016. In a press release announcing the new forecast, Gartner said the wearable devices market will generate revenue...
Square, the mobile payments processor run by Jack Dorsey, opened its first physical, brick-and-mortar store to offer hands-on support for merchants, as well as showcase some of its hardware products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Mizuho Bank and IBM Japan announced Thursday (Aug. 24) Mizuho Bank had begun operations toward more advanced and efficient risk management. The financial institution is employing cognitive technology to take measures against financial crimes such as terrorism financing. Governments around the world have urged financial institutions...
Uber investors are trying to fight a lawsuit by shareholder Benchmark Capital against former CEO Travis Kalanick. 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...
The confident consumer is a sector of the shopping industry that most merchants are likely hoping to increase spending and attitudes about the market. In today’s topsy-turvy arena, while retail undergoes its digital transformation, whether or not the confident consumer thrives is lingering on retailers’...
Apple is still trying to change the world, but some of its plans simply weren’t meant to be (read: Apple driverless, gas-pedal-less, steering-wheel-less cars). Others, such as the rumored replacement of TouchID with facial biometric authentication, may come to fruition soon – possibly as soon...
A company news message at Irish invoice financing company Aztec Exchange suggests the firm is headed toward liquidation. 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...