January 27, 2020
Top News In Payments: Grubhub CEO Open To Deals; Chinese...
In today’s top payments news, Grubhub’s CEO says he is open to a merger, although no offers have been made yet, and Shanghai Disney Resort and McDonald’s close in response...
January 27, 2020
Chinese Consumers Shut Their Wallets In Face Of Coronavirus
Businesses in China are bracing for the fallout from the coronavirus outbreak, causing both Disney and McDonald’s to shutter over the Lunar New Year holiday as fears grow over the...
January 24, 2020
Wells Fargo Fallout, New Amazon Payments Top Week’s News
It’s that time again — the weekend! But before you really sink into your fun and relaxation, allow the latest edition of the PYMNTS Weekender to catch you up on...
January 24, 2020
Sizzle Fizzle: Virus May Weaken China’s Economic Growth
It’s the unforeseen events that send economies into rough patches, toward slowing growth and even into decline. And while we’re not speculating that an economy that grows 6 percent a year...
January 24, 2020
The Lunar New Year Commerce Explosion Hits China (And Beyond)
In 2019, Chinese consumers spent $149 billion across the Chinese New Year holiday, according to China’s Ministry of Commerce — a sum widely expected to be exceeded in 2020 to...
January 23, 2020
Helbiz eScooter Sharing App Taps Alipay For Mobile Payments Offering
Micro-mobility giant Helbiz announced a partnership with mobile payments platform Alipay, which will allow customers a wider breadth of access to Helbiz’s eScooters, eBikes and other devices for easy riding...
January 23, 2020
PayPal, UnionPay Deal Expands Chinese Cross Border Commerce
This week, global luxury brands have seen their stock prices take a sharp hit as reports emerge that a coronavirus with origins in China’s Wuhan region is spreading rapidly and has...
January 22, 2020
Top News In Payments: More Companies Ponder Malaysia Banking Application;...
In today’s top news, Grab, Razer, AirAsia and CIMB join other companies considering applying for one of five digital banking licenses in Malaysia, and Vodafone leaves the Libra Association. Also,...
January 21, 2020
Travel Stocks Drop Amid Coronavirus Concerns
Less than a month ago, the outbreak of a new virus in the city of Wuhan centered on a cluster of consumers who had been exposed to live animals at...
Any effort to stop money laundering has to address the root cause of the fraud that underpins it. In this month’s “AML/KYC Tracker®,” a PYMNTS and Trulioo collaboration, Max von Both, senior vice president of compliance at payments provider Paysafe, explains how real-time transaction analysis helps stop fraud at its point of origin while dismantling the money laundering it enables.