The Office of the Comptroller of the Currency (OCC) disclosed it was hacked in September, reported The Wall Street Journal last week. According to the report, the banking regulator said the data breach had to do with a former employee at the agency removing more than...
SoFi, the online lender, is moving ahead with plans to roll out a life insurance product, reportedly acquiring licenses and inking a deal with Protective Life Insurance. According to a report by The Wall Street Journal, which cited documents and people familiar with the situation,...
As baseball legend Connie Mac famously said, “you can’t win them all.” It’s something the Chicago Cubs fans (and fans of “curses” being broken) know well this week, as their team of destiny has decided not to win them all — as of today, they are...
Sen. Elizabeth Warren (D-MA) has reportedly sent a letter to KPMG, Wells Fargo’s auditor, questioning why the accounting firm did not catch the fake accounts that resulted in $185 million in fines for Wells Fargo. According to a report in New York Post, KPMG has...
OCBC Bank is claiming to be the first Asian bank to enable voice transactions via Apple’s Siri and in-app with iMessage. According to a report, OCBC Bank said Siri and iMessage services for OCBC’s Pay Anyone P2P mobile app are available to customers using iPhone...
Uber was dealt a blow in the U.K. when an employment tribunal ruled Uber drivers are workers instead of self-employed contractors. According to a report, the ruling means workers of the gig economy, at least in the case of Uber, get holiday pay, paid rest breaks...
Google is making it easier for users to order food, reportedly launching an update to Google Maps on iOS that enables users to to more quickly order food and add photos of places from within the app. According to a report, the new update to Google...
The global mCommerce market is estimated to register robust growth from 2016 to 2022 and is expected to grow at a CAGR of 33.1 percent that period, according to a new report from Research and Markets dubbed “Global M Commerce Market Insights, Opportunity Analysis, Market...
It’s a good news/bad news beginning to the week for the team at London-based mobile pay startup Paym. The good news: the U.K. bank-backed P2P mobile pay service has officially processed £300 million in transactions ($365 million). “Having now passed the £300 million milestone, it’s clear the...
