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Record Number Of NYC Taxi Medallions Up For Auction

Record Number Of NYC Taxi Medallions Up For Auction
Record Number Of NYC Taxi Medallions Up For Auction
June 11, 2018  |  Ridesharing

Call it the Uber effect: A record 139 New York City taxi medallions will be up for sale in bankruptcy auction this month as cab...

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Switzerland Passes On Sovereign Money Initiative
Switzerland Passes On Sovereign Money Initiative
June 11, 2018  |  Cross-border Payments

An initiative to prohibit commercial banks in Switzerland from electronically creating money when they make a loan was overwhelmingly rejected by Swiss voters. Get the...

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Tencent Unveils Collaboration With Walmart China
Tencent Unveils Collaboration With Walmart China
June 08, 2018  |  Cross-border Payments

Helping broaden the reach of Tencent’s mobile payments and mini program services, Tencent has unveiled a collaboration with Walmart China. With the relationship, Walmart will also...

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Mastercard Seeks Blockchain-Based Payment Verification Patent
Mastercard Seeks Blockchain-Based Payment Verification Patent
June 08, 2018  |  Mastercard

To verify payment cards at the point of sale (POS), Mastercard is looking into blockchain technology. In a filing with the U.S. Patent and Trademark...

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US And China Reach Deal Over ZTE
US And China Reach Deal Over ZTE
June 08, 2018  |  Cross-border Payments

After a shutdown of ZTE‘s operations that has lasted almost two months, the U.S. and China have come to a deal to get the Chinese...

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Social Media Can Make Bank Customers Susceptible To Scams
Social Media Can Make Bank Customers Susceptible To Scams
June 08, 2018  |  Cybersecurity

Unintentionally making themselves targets for scammers, customers may become vulnerable to fraud by complaining to banks on social media when systems crash. After problems with...

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Apple Asks Suppliers For Less iPhone Parts
Apple Asks Suppliers For Less iPhone Parts
June 08, 2018  |  Apple

With Apple reportedly planning to ship 80 million new iPhones in 2018, which is about 20 percent fewer than its forecast at the same time in...

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Marc Jacobs Launches First Wear OS Smartwatch
Marc Jacobs Launches First Wear OS Smartwatch
June 08, 2018  |  Retail

Marc Jacobs is launching its first Wear OS smartwatch, joining the brand’s line of hybrid smartwatches. Get the Full Story Complete the form to unlock...

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