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Amazon Expands Whole Foods Savings Perks For Prime Members

To provide Prime members with additional perks at Whole Foods, Amazon is rolling out an expanded discount program starting on Wednesday (June...

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Swiss Central Bank Nixes National Crypto

Schweizerische Nationalbank Board Director Thomas Moser said he doesn’t think it’s the right time to talk about issuing a national cryptocurrency for the...

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Google

Google Adds More Security, Privacy To Google Account

Google announced last week it is overhauling its privacy and security settings service — dubbed Google Account — to make it more...

Blockchain

Overstock CEO Says Blockchain Can End Global Poverty

Overstock CEO Patrick Byrne believes that blockchain might be the world’s greatest hope in ending global poverty. In an exclusive interview with...

242

Banking

Startup Holds Equity Crowdsale For Banking License

Blockchain-based challenger bank BABB — which stands for Bank Account-Based Blockchain — announced it will be holding an equity crowdsale to cover the costs...

950

Trump To Block Chinese Tech Investments

The U.S. Treasury Department is reportedly gearing up to announce rules that would prevent companies with 25 percent or more Chinese ownership...

970

‘Robin Hood’ Money Transfer Tax Threatens Kenyan Financial Services

Kenyan bankers and fund managers have warned a proposed “Robin Hood” tax on many transactions will threaten the future of the country’s...

536

Payment Methods

WhatsApp Payment Customers In India To Have 24-Hour Support

WhatsApp, the Facebook-owned messenger app, is gearing up to roll out 24-hour customer support for customers who use its upcoming payment services in...

379

Cross Border Commerce

AliPay, GCash Launch Blockchain Cross-Border Remittance Service

AlipayHK and GCash announced Monday (June 25) the launch of a cross-border remittance service via their e-wallet platforms that is powered by...

207

Ethereum Co-Founder Still Bullish On Crypto

As many are looking at the red flags involved with investing in cryptocurrency, Ethereum Co-founder Charles Hoskinson isn’t worried. In fact, he...

554

38 Percent Of Local Governments Vulnerable To Cyberattacks

New research shows that 38 percent of public-sector entities will suffer a ransomware attack this year, up from 31 percent last year...

627

FIs Facing $100B A Year In Cyberattack Losses

The impact from a cyberattack on financial institutions (FIs) could reach as high as a few hundred billion dollars annually, chipping away...

464

Subscriptions

MoviePass Adds New Features To Amp Up Subscription Offering

MoviePass announced it is rolling out three different upgrades to its base $9.95 subscription service. “Our aim is to create the most...

444

Social Commerce

YouTube Lets Video Uploaders Launch Paid Followers

YouTube is letting video uploaders make more money if they have more than 100,000 followers. According to a report in Reuters, YouTube...

353

Bank Regulation

Banks Lure Deposit Customers With Increased Cash Bonuses

Rising interest rates on the part of the Federal Reserve for the past few years hasn’t prompted a lot of banks to...

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Japanese Court Paves The Way For Mt. Gox To Return $1B In Crypto

Four years after bitcoin exchange Mt. Gox collapsed amid the biggest bitcoin theft in history, its former customers may have a chance...

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BitFlyer Halts New Accounts Amid Regulatory Crackdown

With Japan’s Financial Services Agency (FSA) bringing business improvement orders against multiple exchanges, some crypto exchanges are limiting their operations: At least...

Partnerships / Acquisitions

Banking

Bank Of Ireland Faces Intermittent Debit Card Outages

Due to a recent outage, some Bank of Ireland customers were unable to use their debit cards. The bank reported that approximately...

2.3K

Marks & Spencer Teams Up With Microsoft For AI Tech

In an effort to explore artificial intelligence (AI), Britain’s Marks & Spencer Group (M&S) is collaborating with Microsoft. Through their strategic partnership,...

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Creator Unveils Robot Burger Restaurant

Following eight years of development, restaurant automation solutions provider Creator is gearing up to debut its robot burger restaurant in September 2018. The...

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Apple Pay

Apple Pay Offers Promotion On Adidas

Apple is giving customers 15 percent off purchases made in the Adidas iOS app when users buy the merchandise with Apple Pay....

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Dollar General Launches Shopping App For Self-Checkout

Dollar General’s new mobile app allows shoppers to use their smartphones to scan and pay for items in the store. According to...

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Amazon

Final Amazon Marketplace Executive Loses Many Of His Duties

Amazon’s Peter Faricy, the vice president of Amazon Marketplace, the remaining executive in the unit, has seen his role in the company...

519

Google

Google Assistant Becomes More Conversational

Google has made talking to Google Assistant easier with the launch of Continued Conversation. “For the Google Assistant to have a natural...

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Subscriptions

MoviePass Adding High-Demand Pricing To The Mix

MoviePass, the movie theater subscription service, is changing its pricing — the company is adding “high-demand” pricing to the mix. Business Insider,...

2.0K

Bitcoin Daily: Bitfi’s ‘Unhackable’ Wallet, Net1’s Blockchain Debit Card

Bithumb might be able to reduce the losses resulting from a recent hack, CoinDesk reported. Though the Bithumb said it reported losses...

397

Tencent International Expansion Play: Fill The Tech Gaps

Chinese internet giant Tencent is in no rush to launch its social networking platforms, music and services internationally — unless there is...

CFPB

Judge Rules CFPB Structure Unconstitutional

A federal judge in New York has ruled that the structure of the Consumer Financial Protection Bureau (CFPB) is unconstitutional. According to Reuters,...

SEC: Investors Need Better Cybersecurity Disclosures

The Securities and Exchange Commission’s Commissioner has revealed that when it comes to cybersecurity, investors are not getting the disclosures they need. “Let’s...

511

Regulation

Senate: Marijuana Businesses Still Can’t Use Banks

A U.S. Senate panel has voted to block an amendment that would allow banks to open accounts for marijuana businesses without being...

Loans

Trump’s Small Biz Lending Bill Sees Approval From CBA

After the Senate passed legislation earlier this month that boosts the Small Business Administration’s lending authority, President Donald Trump signed that legislation...

Partnerships / Acquisitions

Investments

Helios And Matheson To Raise $164M Via A Bond Offering

Helios and Matheson Analytics, the provider of information technology (IT) services and the 92 percent owner of MoviePass, announced Thursday (June 21)...

2.3K

PayPal Buys Simility In Second Buy This Week

PayPal announced Thursday (June 21) that, following on the heels of its acquisition of Hyperwallet earlier this week, it is acquiring Simility,...

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Payment Methods

Uber Facilitated More Than $600M In Tips For Drivers

Uber, the ride-hailing company, has facilitated more than $600 million of payments in the form of tips to its drivers since it launched its...

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Digital Payments

Mastercard And Refinery29 Team For 29Rooms Festival

Mastercard, the payments company announced Thursday (June 21) that it inked a partnership with Refinery29, in which they will bring a new element...

1.3K

Economy

Trump Trade Policies Weighing On Stocks

President Donald Trump’s tax reform — signed into law late last year — was a boon for the stock market, but his tough trade...

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L’Oréal Unveils Live Makeup Consultations With Augmented Reality

Putting a digital spin on makeup try-ons, L’Oréal is using augmented reality (AR) to enable beauty advisers to virtually put suggested products...

Stitch Fix Gets A Stock Boost From Oprah

She still has the magic touch — though that might be putting it mildly. Stitch Fix’s share price hit $29 on Wednesday...

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Shopify Rolls Out Messaging App For Merchants

To condense business conversations and tasks into one place, Shopify has launched a new mobile app dubbed Shopify Ping. Through the app,...

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Banking

Stock-Trading Platform Robinhood Eyes Banking Services

Sources say Robinhood Markets is in talks with regulators about offering banking services to its more than 4 million users. According to...

585

Personnel

Amazon, Berkshire, JPMorgan Healthcare Venture Finds A CEO

Well-regarded surgeon and author Atul Gawande has been named CEO of the new healthcare company formed by Amazon, Berkshire Hathaway and JPMorgan...

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Facebook

Facebook Brings Subscription Service To Groups

Facebook announced that it is testing out subscriptions with a small number of groups to support group admins who lead the communities....

1.8K

Payment Methods

Singapore Launches PayNow To Reduce Cash, Checks

Singapore is launching a payments platform in an attempt to reduce the use of cash and checks as the country moves towards...

376

Investments

GoFundMe Debuts Team Fundraising

GoFundMe has launched GoFundMe Team Fundraising, allowing groups of people to raise money together for a single effort. The service will enable...

1.2K

Starbucks’ China Slowdown Due To Third-Party Deliveries

Starbucks, coming just weeks after boasting about its expansion in China, is seeing a slowdown that it’s blaming on third-party delivery services....

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Subscription Commerce

AMC Announces Movie Subscription Service

AMC Theatres announced on Wednesday (June 20) that it is launching a new service that gives members up to three movies per...

1.5K

Some Equifax Victims Have Already Received Compensation

Among the more than 145 million U.S. consumers whose financial information was exposed in the Equifax hack, some have been able to...

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Google

Google Launches Subscription Center For Mobile Apps

Google has launched its subscription center that will centralize all Google Play subscriptions for both users and developers. “While users derive a...