Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers

Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers
Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers
January 09, 2020  |  Security & Fraud

A New Year’s Eve ransomware attack on Travelex continued to affect global businesses and customers today, including multiple Samsung Pay users, according to reports. Get...

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WeChat Pay Service Simplifies Cross-Border Tuition For Chinese Students
WeChat Pay Service Simplifies Cross-Border Tuition For Chinese Students
January 09, 2020  |  International

Tencent’s WeChat Pay has introduced a payment service aimed at Chinese students who want to pay their tuition fees at universities in South Korea, according...

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Are Virtual Cards The Future Of B2B Travel Payments?
Are Virtual Cards The Future Of B2B Travel Payments?
January 09, 2020  |  VISA

When Sabre and Visa announced a new partnership in April to pair Visa virtual commercial cards with the Sabre Virtual Payments gateway, the goals were...

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Grubhub Mulls Sale As Market Share Drops
Grubhub Mulls Sale As Market Share Drops
January 08, 2020  |  Delivery

Food delivery company Grubhub is considering a few strategic options to continue to compete in an increasingly crowded market, including a potential sale or an...

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Amex Cleared To Operate In China
Amex Cleared To Operate In China
January 08, 2020  |  International

The central bank in China said it has accepted an American Express application to start working in the country, according to a report by Reuters....

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Hundreds Of FinTechs Move From UK To EU Ahead Of Brexit
Hundreds Of FinTechs Move From UK To EU Ahead Of Brexit
January 08, 2020  |  International

No one knows just what Brexit will mean for commerce, for international trade, for currencies across the Continent.  The only certainty is that the effects...

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ClassPass Lands $285M To Scale Fitness Marketplace
ClassPass Lands $285M To Scale Fitness Marketplace
January 08, 2020  |  Subscriptions

International fitness and wellness marketplace ClassPass has notched $285 million in a Series E funding round led by L Catterton and Apax Digital, with support...

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Intel’s Mobileye Plans To Pilot Robotaxis In South Korea
Intel’s Mobileye Plans To Pilot Robotaxis In South Korea
January 08, 2020  |  International

Mobileye will test and eventually launch a set of robotaxis in Daego City, South Korea, per an agreement reached this week. Get the Full Story...

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Citigroup Names New Retail Banking Leader
Citigroup Names New Retail Banking Leader
January 08, 2020  |  Personnel

Citigroup named David Chubak, 39, to head the retail banking division in the U.S., the company announced on Tuesday (Jan. 7). Get the Full Story...

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