When it comes to ensuring the resiliency of clearing houses that process derivatives, better checks and balances are necessary in the European Union, according to a regulatory watchdog in the region. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Internal Revenue Service has estimated that the business of tax evasion is a costly one for the government. Tax cheats cost the government as much as $458 billion annually, according to data tabulated between 2008 and 2010. The latest numbers mean that the cheating...
After a few years of speculation — and a couple of fairly notable wrong guesses — the real creator of bitcoin has been identified — mostly because he identified himself. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Xoom, the PayPal-owned digital money transfer service, has announced a major expansion to 11 countries — and two more on the horizon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
While the depth and breadth of the FinTech revolution are no surprise to those of us with a front row seat to the disruption of the traditional banking landscape, CBS’ “60 Minutes” took the revolution mainstream on Sunday (May 1). Get the Full Story Complete the...
Igniting mobile payments starts and ends with two distinct groups: merchants and consumers. 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....
Even if the enterprise understands the benefits of cloud technology, the challenge of ditching legacy IT systems in favor of cloud solutions can be too much to handle. A new collaboration between Amazon Web Services (AWS) and Infosys aims to take this challenge on. Get the...
This week’s B2B Data Digest is all about risk — though, not always in the traditional sense. 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 role of chief risk officer is an ever-evolving one and calls for a comprehensive understanding of the threats facing a business, as well as how to best communicate the methods for addressing them. PYMNTS caught up with Umer Ayub, vice president of global risk...