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Report: Crypto Exchanges Thread The Needle Between Compliance And Privacy

Feb 17, 2021 0
More than $300 billion in illicit funds are laundered each year in the United States, with criminals processing their profits to conceal their source and law enforcement cracking down on front businesses that enable them. Money…
Breaking Stories

Gift Cards Emerge As Digital Payments On-Ramp For Cash-Based Customers

Feb 17, 2021 0
It’s hard to argue the digital shift in any business, but particularly at retail. PYMNTS research shows that 97.3 million U.S. consumers have now switched to performing at least one routine activity online — working from home on their…
Breaking Stories

Partner Or Compete? Banks Can Take Hybrid Approach With FinTech Innovation

Feb 17, 2021 0
In a mid-January conference call with analysts, J.P. Morgan Chase CEO Jamie Dimon told analysts that his firm, and other banks, should be scared “s—tless” by FinTechs.The sentiment speaks volumes to a competitive landscape that has…
Breaking Stories

Flipping The Script: Care Now, Pay Later (CNPL) Does For Doctors What BNPL Did For Retailers

Feb 17, 2021 0
The idea of spreading payments over time is not new in healthcare — certain practitioners, such as orthodontists, have successfully offered buy now, pay later (BNPL)-like plans for 20 years. But the idea has not been widely adopted…
Breaking Stories

Debit Rails: Automatic Debit Payments Power Utility Provider Cash Flow

Feb 17, 2021 0
Streaming services are helping many families stay entertained during the pandemic, but managing the monthly payments for these offerings — as well as recurring bills for necessities like gas and water bills — can be…
Breaking Stories

Old Guard vs. Vanguard: Banks, FinTechs, Big Tech Duke It Out Over Digital-First

Feb 17, 2021 0
Digital-first is the mantra of the moment in commerce. Payments are being reconfigured and rewired, creating commerce ecosystems that move with consumers across channels. In a sense, the industry is witnessing a head-to-head matchup…
Breaking Stories

Reports Say China Blocked Ant IPO Over Company’s Complex Ownership

Feb 17, 2021 0
One previously unreported reason Jack Ma's Ant Group lost its IPO was because of the complex ownership structure of the company, The Wall Street Journal (WSJ) writes.The previously reported reasons the highly coveted IPO didn't go…
Breaking Stories

Apple Card Discounts Health Apps For American Heart Month

Feb 17, 2021 0
Apple is offering new discounts on health apps this month in honor of American Heart Month, according to a report from 9to5Mac.American Heart Month takes place in February to observe the ways Americans can adopt healthier lifestyles to…
Breaking Stories

Pandemic Cut US Airline Passenger Numbers By 60 Pct In 2020

Feb 17, 2021 0
U.S. air traffic passengers fell to their lowest numbers since 1974 as the number of scheduled passengers dropped 62 percent from December 2019 to December 2020, a Bureau of Transportation study found.The data came from 22 airline…
Breaking Stories

EV Maker Lucid Motors Seeks $15 Billion In SPAC Deal

Feb 17, 2021 0
Lucid Motors, the luxury electric vehicle maker, is close to a deal for an initial public offering (IPO) at a $12 billion valuation after a deal with Michael Klein's special purpose acquisition company (SPAC), Reuters writes.The merger…
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