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UK Digital Markets Unit To Tighten, Enforce Big Tech Competition Rules

PYMNTS

The British government is establishing a new Digital Markets Unit tasked with enforcing laws that apply to Big Tech companies, such as Google and Facebook , authorities announced in a press release. s Competition and Markets Authority (CMA), the agency that oversees enforcement of antitrust laws. According to the U.K.

Marketing 189
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When the lights go out: why does operational risk matter for financial stability?

BankUnderground

Operational risk is rapidly becoming one of the most important threats to the financial system but is also one of the least well understood. But they are only one part of operational risk, which includes losses from any kind of business disruption or human error, including power outages or natural disasters.

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Why Retailers Are Making mPOS Technology A Top Priority

PYMNTS

But interest in this technology is not limited to the food and beverage space, and is gaining traction in many different verticals. At the same time, new technologies are coming on the market to serve these merchants. The global POS terminal market’s expected value by 2023 is $109.5B.

Retail 213
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Nilson Report: U.S. Payment Card Market Tops $6T 

PYMNTS

trillion in spending for goods and services in 2018, The Nilson Report said in a press release Thursday (Sept. percent in 2018, up from 42.5 Conversely, American Express and Mastercard ’s commercial card market dropped. Commercial and consumer cards issued in the U.S. generated $6.13 Commercial card spending is up 11.7

Cards 188
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Adobe: Why Voice And Touch Retail Will Boost 2018 Holiday Sales

PYMNTS

Those promise to stand as two main traits of the 2018 holiday shopping season , and retailers that gain an edge and increase revenue during the all-important fourth quarter will likely have exploited such tactics during this period, at least according to new data that strives to paint a detailed picture of U.S. percent, reaching $124.1

Retail 179
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Russian Sperbank Buys Stake In Mail.ru To Shore Up Digital Operations

PYMNTS

Sberbank is going to purchase a 35 percent stake in MF Technologies, which has ownership of 58.9 MF Technologies is a collaboration between Megafon, Rostec, Gazprombank and USM holdings. It was formed in 2018 and it has a 5.2 Sberbank said it wants to grow its operations and put pressure on Yandex, a rival in the space.

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Russian Sberbank Buys Stake In Mail.ru To Shore Up Digital Operations

PYMNTS

Sberbank is going to purchase a 35 percent stake in MF Technologies, which has ownership of 58.9 MF Technologies is a collaboration between Megafon, Rostec, Gazprombank and USM holdings. It was formed in 2018 and it has a 5.2 Sberbank said it wants to grow its operations and put pressure on Yandex, a rival in the space.