News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

Report: Oracle Winning Bidder Of TikTok, Microsoft Out

Report: Oracle Winning Bidder Of TikTok, Microsoft Out
Report: Oracle Winning Bidder Of TikTok, Microsoft Out
September 13, 2020  |  International

Oracle Corp. beat Microsoft Corp. in a bid to take over TikTok’s video-sharing app’s U.S. operations Sunday (Sept. 13) days before President Donald Trump threatened to shut...

READ MORE >
Bitcoin Daily: IRS Offers $625K For Help Cracking Cryptocurrency Secrecy; Kuala Lumpur’s IBF Net Eyes Blockchain For Recurring Payments
Bitcoin Daily: IRS Offers $625K For Help Cracking Cryptocurrency Secrecy; Kuala Lumpur’s IBF Net Eyes...
September 13, 2020  |  Bitcoin

The United States may have some of the world’s best cryptographers working for the National Security Agency and other spy shops, but the Internal Revenue...

READ MORE >
SoftBank Considers Going Private After Asset Sales, Report Says
SoftBank Considers Going Private After Asset Sales, Report Says
September 13, 2020  |  Investments

Talks have been revived for SoftBank to take itself private amid a series of disappointments to the company’s equity valuation compared to the value of...

READ MORE >
New Chinese Rule Means Ant Group Must Set Aside At Least $731M And Register As Financial Holding Company
New Chinese Rule Means Ant Group Must Set Aside At Least $731M And Register As...
September 13, 2020  |  Regulation

New Chinese finance rules will force the Jack Ma-backed Ant Group to comply with regulations to back up any payments, lending or other finances with...

READ MORE >
ByteDance To US: TikTok’s Code Isn’t For Sale
ByteDance To US: TikTok’s Code Isn’t For Sale
September 13, 2020  |  Partnerships / Acquisitions

China-based ByteDance has said in boardroom discussions that it won’t be selling its essential algorithm for the video-sharing app TikTok in any manner, according to...

READ MORE >
Grab Fined For Privacy Breach For The Fourth Time
Grab Fined For Privacy Breach For The Fourth Time
September 13, 2020  |  Security & Fraud

GrabCar, a unit of Grab Holdings, a Singapore-based ridesharing company, has been issued a $10,000 Singapore dollar ($7,311) fine for a personal data breach, Bloomberg...

READ MORE >
Gojek, Grab Renew Merger Talks With SoftBank’s Support
Gojek, Grab Renew Merger Talks With SoftBank’s Support
September 13, 2020  |  Ridesharing

Six months after merger talks stalled between two of Southeast Asia’s ride-hailing companies, Gojek and Grab Holdings have resumed negotiations, the Financial Times (FT) reported....

READ MORE >
Lloyds, ConnectedFi Team For Faster Credit Decisions
Lloyds, ConnectedFi Team For Faster Credit Decisions
September 13, 2020  |  B2B Payments

Lloyds Bank has teamed with ConnectedFi in order to provide brokers with quicker asset finance credit decisions by using automation, according to Financial Reporter. Get...

READ MORE >
European Central Banks Demand Strict Cryptocurrency Regulations
European Central Banks Demand Strict Cryptocurrency Regulations
September 13, 2020  |  Cryptocurrency

Europe’s biggest banks have called on the European Commission to implement tough regulations for cryptocurrencies, such as stablecoins, that would protect consumers and preserve state...

READ MORE >