U.S. banks are revving up to take on a big lobbying battle with the goal of ending limits on debit card fees that they claim fail to really help consumers. They also allege that the limits have added up to a $42 million windfall for...
Worries over security concerns have prevented digital payments from taking off in Japan, but that is starting to change with Japanese smartphone owners indicating interest in mobile payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
U.S. prosecutors sentenced a Ukrainian man who was charged with running two hacking forums online to 41 months in prison. 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...
Apple is adding fuel to the biometrics expectations and rumors surrounding its 2017 iPhone device with the acquisition of Israeli facial recognition startup RealFace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Federal Trade Commission is investigating the use of kill switches by auto finance companies to get subprime borrowers who have missed payments to catch up or repossess their vehicles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
An investor group made up of Bain Capital Private Equity, Bow Street and Adama Partners completed the acquisition of online diamond and jewelry retailer Blue Nile, making it a privately held company. Get the Full Story Complete the form to unlock this article and enjoy...
While Nigeria has its fair share of financial issues, luxury rules supreme in the city of Lagos, a place where the rich and famous live, work and spend massive amounts of money on designer goods. There are even rumors that a Nobu will be opening...
China’s Alibaba Group Holding has announced a strategic alliance with the Bailian Group — China’s largest retailer by store numbers — to join the e-commerce giant’s drive to use big data to improve and profit from brick-and-mortar sales. Get the Full Story Complete the form...
Mattel Inc. is expanding its push into China by partnering with parenting website Babytree to create an online learning platform for early childhood development. Founded in 2006, Babytree provides families in China a platform to learn and exchange ideas on early education, child development tracking...
