News

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

Source: pymnts.com

Space: The Final Travel Commerce Frontier
Space: The Final Travel Commerce Frontier
March 23, 2019  |  Retail

“Space: the final frontier. These are the voyages of the Starship Enterprise. Its continuing mission: to explore strange new worlds, to seek out new life...

READ MORE >
BIS Bitcoin Critic Says Banks Shouldn’t Create Crypto Tokens
BIS Bitcoin Critic Says Banks Shouldn’t Create Crypto Tokens
March 22, 2019  |  Bitcoin

Agustin Carstens, the general manager at the Bank for International Settlements, said that banks shouldn’t issue their own bitcoin-like tokens because it could undermine global...

READ MORE >
Norwegian Regulators: AML Measures Fell Short
Norwegian Regulators: AML Measures Fell Short
March 22, 2019  |  Bank Regulation

The Financial Supervisory Authority (FSA) in Norway said that several banks didn’t make sufficient anti-money laundering assessments in 2018, according to a report by Reuters....

READ MORE >
UK Drivers File GDPR Lawsuit Against Uber
UK Drivers File GDPR Lawsuit Against Uber
March 22, 2019  |  Ridesharing

Four U.K. Uber drivers are filing a lawsuit against the company for alleged violations of EU’s General Data Protection Regulation (GDPR) law, according to a...

READ MORE >
Facebook Employees Said To Have Known About Data Scraping
Facebook Employees Said To Have Known About Data Scraping
March 22, 2019  |  Facebook

In a District of Columbia court filing involving Cambridge Analytica, new details have come to light surrounding how much Facebook might have known about data-scraping efforts...

READ MORE >
Mastercard Pushes Cashless Solutions For Transit Payments
Mastercard Pushes Cashless Solutions For Transit Payments
March 22, 2019  |  Mastercard

Mastercard plans to bring cashless transit solutions to more than 20 U.S. cities in the next few years, the company said on Friday (March 22)....

READ MORE >
Report: Almost 95 Pct Of Bitcoin Trading Is Fake
Report: Almost 95 Pct Of Bitcoin Trading Is Fake
March 22, 2019  |  Bitcoin

After sharp drops in bitcoin prices, a new study posits that almost 95 percent of all reported bitcoin trading is made artificially via exchanges that...

READ MORE >
Report: China’s GDP Hinges On Data Privacy
Report: China’s GDP Hinges On Data Privacy
March 22, 2019  |  Data

A new report on China stated that if the country doesn’t start to work on improving issues like data privacy and intellectual property protection, it...

READ MORE >
The Amazon/Walmart Whole Paycheck Tracker:  The Siren Song of Enhanced Efficiency
The Amazon/Walmart Whole Paycheck Tracker: The Siren Song of Enhanced Efficiency
March 22, 2019  |  Walmart Amazon whole paycheck

Shopping in the early 20th century was not a terribly efficient experience for the consumer. Buying meat was one market, seafood another, produce yet another...

READ MORE >