News

Banking
Deutsche Bank Bans Text Messaging, Messaging Apps On Company Phones
January 16, 2017

Deutsche Bank has begun banning the ability for employees to text message and use apps like WhatsApp on phones the company issues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Retail Sales Jump 4.1 Percent In December Buoyed By eCommerce, Auto-Related Sales
January 16, 2017

Retail sales increased 4.1 percent in December, compared to a year ago, buoyed by eCommerce and auto sales. 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...

Retail
Retail Spending In Nov., Dec. Strongest In Five Years
January 16, 2017

Retail spending in the months of November and December came in at the strongest level in five years. 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...

Regulation
FTC Fines Two Telemarketing Companies For Making Robocalls
January 16, 2017

The FTC is cracking down on robocall telemarketing businesses, announcing last week it cracked down on two such companies that have been making robocalls to consumers that have been on the National Do Not Call Registry since 2012 or even earlier. Get the Full Story...

Partnerships / Acquisitions
Microsoft Buys AI Startup Maluuba To Democratize AI
January 16, 2017

Microsoft announced late last week it is acquiring Maluuba, a Montreal-based company that runs what Microsoft calls one of the world’s most impressive deep-learning research labs for natural language understanding. In a blog post announcing the deal, Microsoft said Maluuba’s expertise in deep learning and...

Security & Fraud
WhatsApp Denies Security Encryption Issue
January 16, 2017

WhatsApp may not be as secure as thought after a security issue in the messaging app has been identified that enables messages sent via encryption to be read. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Mobile Banking Lifts Kenyans Out Of Poverty
January 16, 2017

Mobile banking may not be taking off in all corners of the world, but in Kenya, it is having a significant positive impact, with the use of mobile banking lifting 194,000 or more Kenyan households out of poverty from 2008 to 2014. Get the Full...

International
India Finds Rough Going With Digital ID Rollout
January 16, 2017

The movement by India to embrace a digital ID system is hitting some snags, The Wall Street Journal reported. 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...

Banking
Google, Amazon Banking Could Spur Consumers To Switch Accounts
January 16, 2017

Could Google and Amazon capture the hearts and minds of banking customers, making inroads against traditional lenders? 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...