News

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

Source: pymnts.com

Lawmakers Seek New Regs Aimed At Tech Algo Biases

Lawmakers Seek New Regs Aimed At Tech Algo Biases
Lawmakers Seek New Regs Aimed At Tech Algo Biases
April 11, 2019  |  Regulation

U.S. lawmakers have proposed a bill that would make tech companies detect and remove any discriminatory biases found in their technologies. Get the Full Story...

READ MORE >
Can Digital ID Keep Up With Online Liquor’s Sales Boom?
Can Digital ID Keep Up With Online Liquor’s Sales Boom?
April 11, 2019  |  Authentication

Securing alcohol is one of the grand adventures of life, especially if a person is younger than the legal age to buy. That’s not to...

READ MORE >
On The Hill, Banking’s Biggest Get Grilled
On The Hill, Banking’s Biggest Get Grilled
April 11, 2019  |  Bank Regulation

The biggest names in banking came to the Hill, repping seven of the largest financial firms in the United States. Ten years after the financial crisis,...

READ MORE >
SWIFT On Cybercrime’s Evolution Post-Bangladesh Bank Heist
SWIFT On Cybercrime’s Evolution Post-Bangladesh Bank Heist
April 11, 2019  |  Security & Fraud

Three years after fraudsters made off with $101 million from a Bangladesh bank, cyber threats have evolved, according to a new report by SWIFT.  The...

READ MORE >
What FIs Get (And Don’t Get) About AI
What FIs Get (And Don’t Get) About AI
April 11, 2019  |  Artificial Intelligence

The jury is in. Almost every modern financial institution (FI) has at least one artificial intelligence (AI) or machine learning system in place, and 61...

READ MORE >
Bitcoin Daily: NY Reg Denies Bittrex’s Crypto License; Bitcoin Fraudster Steals $365K
Bitcoin Daily: NY Reg Denies Bittrex’s Crypto License; Bitcoin Fraudster Steals $365K
April 10, 2019  |  Bitcoin

The New York Department of Financial Services has denied a virtual currency license for Bittrex, an American digital asset exchange. The DFS cited deficiencies in...

READ MORE >
Uber IPO To Be Biggest In Tech History
Uber IPO To Be Biggest In Tech History
April 10, 2019  |  IPO

It’s been a long journey for Uber toward its initial public offering — and a big journey for payments, too. Get the Full Story Complete the...

READ MORE >
ENOC Taps Into Mobile Payments, Samsung Pay Comes To Australian Commuters
ENOC Taps Into Mobile Payments, Samsung Pay Comes To Australian Commuters
April 10, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the U.A.E.’s ENOC’s launch of a mobile option for...

READ MORE >
Bitcoin Price Seems Mute To China’s Mining Crackdown
Bitcoin Price Seems Mute To China’s Mining Crackdown
April 10, 2019  |  Regulation

Bitcoin is up as much as 25 percent since the news came during the past week that China might look to ban bitcoin mining. Get...

READ MORE >