Ripple Labs has become the first virtual currency exchanger to face fines from the Financial Crimes Enforcement Network (FinCEN), according to a press release issued May 5. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Digit – a San Francisco-based startup that helps consumers save their money a little more efficiently – has only been around for a month, but it is starting to create a stir among potential consumers and investors. Get the Full Story Complete the form to...
Wells Fargo Bank is facing allegations that it violated state and federal laws through the misuses of consumer information – as well as failing to notify people when their data was breached. The largest bank based in California faces charges in connection to alleged wrongdoing...
Apple Pay seems to be grabbing headlines left and right these days. Last week, the company ruffled feathers with the news that Best Buy has given in and decided to accept the payment technology. This was a bit of a scandal considering that Best Buy was one...
To boost sales, Macy’s has mentioned in the past that it may look into discount retail options. It appears that day is closing in for the retailer as the first four pilot stores in Macy’s off-price initiative, known as Macy’s Backstage, will open in the metropolitan...
If someone was to ask a retail executive what the next big thing in connecting with consumers was, a lightbulb probably wouldn’t be the first product that came to mind. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
One of the key issues in global B2B payments is figuring out how to enable payments in places that are “difficult to reach” due to their prevalent local payment types. Joel Leonoff, President and CEO of Optimal Payments says that’s why his company offers a...
Enterprise software firm SAP has just announced a new venture in China just days after posting promising quarterly profits. According to Monday reports (May 4), SAP is releasing its SAP Anywhere solution aimed squarely at Chinese SMEs. The front-office suite of solutions provides marketing, sales,...
The United States Postal Service has struggled to cut its financial losses through efforts like expanded same-day delivery and the digitization of its services. But according to a new USPS Inspector General report, the Postal Service is wasting millions on the mismanagement of its fleet...
