News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

Bank Of America Accused Of Aiding $102M Ponzi Scheme

Bank Of America Accused Of Aiding $102M Ponzi Scheme
Bank Of America Accused Of Aiding $102M Ponzi Scheme
June 27, 2018  |  Legal

Bank of America has been accused in a lawsuit of providing more than 100 accounts, used to carry out a $102 million Ponzi scheme. According...

READ MORE >
Trump Backs Off Initial Plan On Chinese Tech Investment Ban
Trump Backs Off Initial Plan On Chinese Tech Investment Ban
June 27, 2018  |  International

In remarks to White House reporters, President Donald Trump said he supports U.S. Treasury Secretary Steven Mnuchin’s more measured approach to limiting Chinese investments in...

READ MORE >
eBay Continues To Accept PayPal Credit
eBay Continues To Accept PayPal Credit
June 27, 2018  |  Retail

eBay and PayPal announced they have extended their credit agreement so that eBay will continue to accept and promote PayPal Credit on its Marketplace platform....

READ MORE >
Google Maps Serves Up Personalized Restaurant Recommendations
Google Maps Serves Up Personalized Restaurant Recommendations
June 27, 2018  |  Google

Google has officially launched new features on Google Maps that will help users find the best spots to eat, drink, and play based on their...

READ MORE >
Swedish Mobile Wallet Maker Recruits Ex-Ikano Bank Execs
Swedish Mobile Wallet Maker Recruits Ex-Ikano Bank Execs
June 27, 2018  |  International

Plexian, the Swedish FinTech company, announced Tuesday (June 26) that it is strengthing its management team by getting a new chief executive and chief technology officer....

READ MORE >
Bitcoin Daily: Ex-Regulators Join Crypto Ranks, People’s Bank of China Mulls Digital Currency
Bitcoin Daily: Ex-Regulators Join Crypto Ranks, People’s Bank of China Mulls Digital Currency
June 27, 2018  |  Bitcoin

Central bank digital currencies might have some positive effects, the Kiel Institute for the World Economy wrote in a report posted on the European Parliament’s...

READ MORE >
Turning Currency Volatility Into A Global FX Strategy
Turning Currency Volatility Into A Global FX Strategy
June 27, 2018  |  Risk Management

Supply chains are globalizing even as rising protectionism threatens to place new challenges and barriers on those trade partnerships. Exposure to the risks of endless...

READ MORE >
How Aaptiv Built The Netflix Of Fitness
How Aaptiv Built The Netflix Of Fitness
June 27, 2018  |  Matchmakers

Like many of the innovators who build and launch their own platform businesses, Ethan Agarwal’s business, Aaptiv, was inspired by a big friction that he found difficult to overcome. Get...

READ MORE >
Here’s Why Context Will Play A Bigger Role In Banking
Here’s Why Context Will Play A Bigger Role In Banking
June 27, 2018  |  Big Data

It’s all about the context — that stands as one of the oldest lessons passed along by teachers and mentors, lest a single fact or...

READ MORE >