February 07, 2023
Paytm Boosted by India’s Ban on Chinese Apps
India has reportedly banned 232 apps connected to China as relations between the neighbors worsen. The order by India’s tech ministry blocks 138 betting and gaming apps and 94 credit...
February 07, 2023
Google Pay Ditches the CVV With Virtual Card Numbers for...
Autofill solved a lot of problems for eCommerce — especially friction at checkout. Peeyush Ranjan, vice president and general manager of Google Pay, told Karen Webster that being able to...
February 07, 2023
Record 20% of Americans Expected to Bet on Super Bowl
Legalized sports betting means wagers on this year’s big game could be bigger than ever. “With the expansion of legal sports betting, traditional Super Bowl wagers are expected to pass...
February 07, 2023
Trustly Powers Real-Time Bank Account Payouts for Sportsbook Player Winnings
The Super Bowl is synonymous with a surge in online sports betting. Last year, Americans wagered around $7.6 billion overall on the event, according to the American Gaming Association, with tens...
February 07, 2023
Chainalysis Says It’s Time to Find Out What’s Real in...
The time is ripe for financial institutions to explore what cryptocurrency offerings their customers want. That’s despite 2022’s bear market, Jeff Billingham, director of strategic initiatives at blockchain intelligence platform Chainalysis,...
February 07, 2023
Banks Challenged to Strengthen User Authentication as Malware Threat Intensifies
The latest generation of malware can automatically cancel biometric security measures. In research seen by PYMNTS, Dutch cybersecurity firm ThreatFabric details how an Android banking Trojan dubbed “SharkBot” can take over...
February 06, 2023
UK Regulator Reports ‘Broad Support’ for Reimbursing APP Fraud Victims
The U.K.’s payments regulator wants banks to reimburse victims of authorized push payment (APP) fraud. In light of a 40% increase in APP fraud in 2021, regulators in the country...
February 06, 2023
Klobuchar Talks Ticketmaster Antitrust Allegations On CBS ‘Sunday Morning’
US Senator Amy Klobuchar continues to go after Ticketmaster/Live Nation for alleged anti-competitive practices. The Minnesota Democrat tells CBS “Sunday Morning” they control 70 percent of the big concert ticket...
February 06, 2023
The ACCC’s Ongoing Digital Platforms Services Inquiry: Regulatory Reform
By Jacqueline Downes, Bella Cameron and Jamie Hick1 I. Introduction This piece builds on our previous articles and publications2 covering the Australian Competition and Consumer Commission’s (ACCC) examination of...