As financial institutions face the growing list of Know Your Customer rules – aimed at combating money laundering – SWIFT just launched its latest tool to aid banks’ transparency and compliance efforts with the KYC regulations. Get the Full Story Complete the form to unlock...
Ah, yes, it’s the most magical time of the year. 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. By completing this...
China’s Tencent Holdings will be the first of five Internet firms to open its private banks to clients, Reuters reported late on Friday (Dec. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Backslash has made sending bitcoins easy and convenient by leveraging social media platforms with their new peer-to-peer bitcoin 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...
Enhanced functionality. Ubiquity. A business case. Three things that NACHA CEO and President Jan Estep says makes NACHA’s Same-Day ACH payments proposal not only attractive to the FIs and the payments ecosystem but a whole lot different from the proposal that was presented to banks...
Electronic check processor MyEcheck has sued four financial securities companies for having 1.44 billion shares of MyEcheck’s stock fraudulently issued, the company announced last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Grocery giant Safeway secretly charged online-grocery customers prices that were more than 10 percent higher than its website advertised and will have to refund the money to consumers, a federal judge ruled on Wednesday (Dec. 10). Get the Full Story Complete the form to unlock...
Even for identity theft victims who have paid for credit monitoring, recovering from such an attack can take months of non-reimbursed efforts to repair credit history, reported the Associated Press. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
American Express CEO Kenneth Chenault is not so certain that Bitcoin is going to play a dominant payment role any time soon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
