According to a report put out by Verizon Communications, four-fifths of companies fail interim compliance assessments for payment card data security. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Lyft has snagged a $300 million investment from Japanese e-commerce giant Rakuten in a funding round that gives the ride-sharing company a $2.5 billion valuation, according to Bloomberg News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Consumer Financial Protection Bureau (CFBP) announced yesterday (March 11) that its examiners have uncovered legal violations that will result in $19.4 million being given back to more than 92,000 consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
General Electric now considers most of its banking operations to be something it would be better off without, and wants to unload them on a much faster schedule, The Wall Street Journal reported on Wednesday (March 11). Get the Full Story Complete the form to...
More than a year after the European Payments Council published its new requirements for face-to-face payment-card transactions in the Euro zone, the EPC has unveiled its proposed rules for online payments and other card-not-present (CNP) transactions. Get the Full Story Complete the form to unlock...
The European Parliament voted overwhelmingly on Tuesday (March 10) to cap payment card interchange fees for consumer payments, according to Finextra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Global banks are now more worried about their digital strategies than with regulatory concerns, as customers expect banks to be more like their non-financial competitors, Finextra reported on Tuesday (March 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Alibaba is shaking up its e-commerce operations in China, putting all three of its major platforms under Alibaba co-founder Jeff Zhang, Reuters reported on Monday (March 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Federal Trade Commission Chairwoman Edith Ramirez defended a recently released draft of the Consumer Privacy Bill of Rights at a privacy conference last week, saying the draft document included some loopholes that concerned her but calling it “a discussion document” on which a more robust...
