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Fed To Wells: Reform Or See Growth Stall
Fed To Wells: Reform Or See Growth Stall
December 10, 2018  |  Bank Regulation

Wells Fargo won’t be allowed to grow until it hardens its risk management policies to make sure there are no more abuses of customers, according...

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Ex-Deutsche Bank AML Official Targeted In Probe
Ex-Deutsche Bank AML Official Targeted In Probe
December 10, 2018  |  Security & Fraud

Prosecutors in Frankfurt, Germany have targeted a former anti-money laundering official at Deutsche Bank in a probe regarding the suspicion of money laundering, Reuters reported...

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MoneyGram Mobile App Launches In 15 New Countries
MoneyGram Mobile App Launches In 15 New Countries
December 10, 2018  |  Mobile Applications

MoneyGram, a global money transfer and payment service, has launched a new mobile app that is available in the U.S. and 14 other countries, according...

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Facebook Eyes Engineers, Researchers For Blockchain Team
Facebook Eyes Engineers, Researchers For Blockchain Team
December 10, 2018  |  Personnel

Social media giant Facebook is looking to grow its blockchain team, according to a report. Get the Full Story Complete the form to unlock this...

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EU Reg Could Probe Apple Pay For Market Dominance
EU Reg Could Probe Apple Pay For Market Dominance
December 10, 2018  |  Apple Pay

Regulators in the European Union looked at Apple Pay, the company’s mobile payment system, and came to a conclusion about its market dominance, according to...

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SoftBank Mobile IPO Will Be Japan’s Biggest Ever
SoftBank Mobile IPO Will Be Japan’s Biggest Ever
December 10, 2018  |  Investments

After a tumultuous week, SoftBank will release shares of its initial public offering (IPO) at about $13.25 a share (¥1,500) and raise an estimated $23.5...

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Data Dive, Trying New Things Edition: Walmart, Amazon And EU Card Fees
Data Dive, Trying New Things Edition: Walmart, Amazon And EU Card Fees
December 10, 2018  |  Data Dive

Poet William Cowper famously wrote in his 1787 poem “The Task” that “variety is the spice of life.” And while change-resistant humans are often a bit...

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Amazon Sacks Employees Who Stole Data
Amazon Sacks Employees Who Stole Data
December 10, 2018  |  Amazon

Amazon is cracking down on seller scams and has fired employees in the U.S. and India as a result. According to a report in The...

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Singtel Adds Payment Options To Dash; Metro Bank Upgrades Mobile App
Singtel Adds Payment Options To Dash; Metro Bank Upgrades Mobile App
December 10, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Singapore’s Singtel rollout of international payment options in its...

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