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PayPal and Visa are extending their strategic agreement to Europe with a deal enabling PayPal to offer Visa debit accounts in Europe, expanding the locations where PayPal’s European consumer and business customers may make purchases with PayPal funds.
July 18
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The Georgia company made more loans and controlled costs. As a result, it had a 1% return on assets and an efficiency ratio below 60%.
July 18
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Bay Dynamics and Symantec are working together to better protect payments and personal data from insider threats.
July 18 -
BNP Paribas agreed to pay $246 million to settle Federal Reserve allegations that the bank failed to keep its currency traders from using electronic chatrooms to manipulate prices.
July 18
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A yearlong effort to slash costs boosted profits at the Dallas company.
July 18
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Announcing that a formerly free product or service will now cost money exposes banks to reputational risk. But the process doesn’t have to end in customers getting angry.
July 18
Simon-Kucher & Partners -
Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Mastercard plans to buy AI company; Amazon broadens retail push; Swift invites more banks to KYC group; Revolut expands payroll tech; Max Baucus lauds China's payments tech.
July 18
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Former Visa CEO replaces Gerald Hassell; Acting Comptroller Noreika asks Cordray to delay rule that makes it easier for consumers to sue banks.
July 18
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The feature instructs consumers to follow an object on the screen with their eyes, in a randomized pattern Jumio said will be nearly impossible for fraudsters to fake.
July 18
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Bank of America Corp.’s expected bonanza from rising interest rates has stalled.
July 18
