News

International
EU’s Digital Chief Can’t Commit Re: Encryption
June 21, 2017

Good luck decrypting Europe’s incoming digital chief’s views on encryption. In international news this week, the commissioner-designate, Mariya Gabriel, responded to questions from the European Parliament on Tuesday, June 20, with non-committal answers that did little to assuage members’ concerns. Get the Full Story Complete...

Investments
American Express Puts Money Into Insurance Startup
June 21, 2017

American Express is venturing into the insurance space with its latest funding endeavor. 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....

Security & Fraud
Cyber Security Risk Ratings Debut For US Banks And Enterprises
June 21, 2017

Roughly two dozen companies in the United States have established a set of ground rules and guiding principles that center on cyber security ratings. Among that roster of companies are several large U.S. banks. Get the Full Story Complete the form to unlock this article...

Payment Methods
Hike Launches Digital Payments In Its India Messaging App
June 21, 2017

Hike, an India-based instant messaging company, recently updated its app to launch a new feature: a digital payments wallet. 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...

Security & Fraud
BBVA, Das-Nano Form Biometrics Authentication Systems Company Veridas
June 21, 2017

BBVA, the New York–based bank, and Das-Nano, the biometrics startup, are joining forces to create a new company called Veridas that is focused on biometrics for identification and authentication systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
UK’s PayBreak Completes £24.5 Million Funding Round
June 21, 2017

PayBreak, the U.K. FinTech focused on consumer finance, announced Tuesday (June 20) that it has completed a round of fundraising that resulted in it raising £24.5 million of equity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross Border Commerce
Payoneer Opens UK Office To Capitalize On Increased Demand From UK Merchants
June 21, 2017

In international business news this week, Payoneer, a cross-border payments company, officially unveiled a new office in London on Tuesday (June 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Travel Booking App FinalPrice Raises $4M
June 21, 2017

When consumers book travel accommodations today, it’s typical that the site with the lowest price is the one that sees gains in number of users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Ridesharing
Travis Kalanick Has Resigned From Uber
June 21, 2017

After strong pressure from investors, Uber CEO and co-founder Travis Kalanick has officially resigned his position at the head of the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...