General Electric now considers most of its banking operations to be something it would be better off without, and wants to unload them on a much faster schedule, The Wall Street Journal reported on Wednesday (March 11). Get the Full Story Complete the form to...
More than a year after the European Payments Council published its new requirements for face-to-face payment-card transactions in the Euro zone, the EPC has unveiled its proposed rules for online payments and other card-not-present (CNP) transactions. Get the Full Story Complete the form to unlock...
The European Parliament voted overwhelmingly on Tuesday (March 10) to cap payment card interchange fees for consumer payments, according to Finextra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Global banks are now more worried about their digital strategies than with regulatory concerns, as customers expect banks to be more like their non-financial competitors, Finextra reported on Tuesday (March 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Alibaba is shaking up its e-commerce operations in China, putting all three of its major platforms under Alibaba co-founder Jeff Zhang, Reuters reported on Monday (March 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Federal Trade Commission Chairwoman Edith Ramirez defended a recently released draft of the Consumer Privacy Bill of Rights at a privacy conference last week, saying the draft document included some loopholes that concerned her but calling it “a discussion document” on which a more robust...
New York’s top banking regulator, Benjamin Lawsky, has taken the unusual step of issuing an alert after a laptop containing bank customer data was stolen from a banker’s car in January. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Airbnb and Zipcar are among the 21 founding members of Sharing Economy UK, a trade group intended to champion companies in the U.K.’s sharing sector, according to The Telegraph. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
JPMorgan Chase, which has been fighting to keep from getting smaller in the face of new capital requirements, passed the first round of the Federal Reserve’s 2015 stress tests — but it finished in the bottom 5 among the 31 big banks tested, according to...
