PYMNTS

MARCH 24, 2019

Uber, the ride-hailing startup, is reportedly gearing up to make a $3 billion bid for Careem Networks , the Dubai-based ride-hailing company. According to a report in Reuters , citing sources familiar with the deal, Uber could make the offer during the early part of the week. Uber is offering $1.4 billion in cash and $1.7 billion in convertible notes, which can be converted to Uber shares at a price of $55 per share.

Report 207

Report Company Marketing 207

Payments Source

MARCH 24, 2019

With Apple widely expected to unveil a new media service on Monday, it would do well to make sure it does not fall into the same traps that ensnared MoviePass.

Apple 89

Apple Cards Mobile Payments 89

PYMNTS

MARCH 24, 2019

Current and former staff at British Airways , the U.K. airliner, told The Financial Times this weekend that data has been handled insecurely and has been open for potential misuse for several years. According to a report in The Financial Times , the revelations by current and former employees at the Bremen call center in Northern Germany raise more questions about how the airline protects data security less than a year after it suffered a major data breach.

Security 145

Security Data System Technology 145

Payments Source

MARCH 24, 2019

Attracting surprisingly technology-savvy older consumers is a lucrative—and surprisingly easy—goal for online retailers, as long as payments fraud protection is solid and understantable, argues Monica Eaton-Cardone, co-founder and CEO of Chargebacks911.

Payments 76

Payments Fraud Retail Online 76

Advertisement

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

Lending

PYMNTS

MARCH 24, 2019

Abu Dhabi said Sunday (March 24) that it will invest as much as $272 million to go toward technology startups, reported Reuters. According to a report in Reuters citing Abu Dhabi , the investment is part of the country’s efforts to diversify the economy. The report noted that Microsoft will become a strategic partner with Abu Dhabi, giving companies that join a hub in the country access to technology and cloud services.

Technology 139

Technology Regional America Report 139

PYMNTS

MARCH 24, 2019

The Mexican government wants local banks to do more to help the millions of unbanked citizens in the country. President Andres Manuel Lopez Obrador, as well as the head of the country’s banking association, Luis Nino de Rivera, called on the country’s banks to offer lower commissions to help the more than half of the population that do not have bank accounts, according to Reuters.

System 123

System Mobile Operations Payments 123

Urs Bolt

MARCH 24, 2019

China goes ahead of most countries in terms of its # digitalization. My interview with BeijingReview about # technology and an open # economy : Read more. The post “China will be a big digital economy. The western world has to understand how China actually runs the economy.” appeared first on Bolt Now.

Technology 28

Technology Regulation Fintech 28

PYMNTS

MARCH 24, 2019

Overstock’s tZERO is set to launch a mobile trading app in June. CEO Saum Noursalehi told CoinDesk that the app for IOS and Android devices, which is being developed by Bitsy , will allow users to buy and sell bitcoin, and possibly ether. “That’s part of the reason we acquired Bitsy — to accelerate time to market for our mobile app,” Noursalehi said, adding, “They have an app for trading crypto, primarily bitcoin, in a beta-phase, they built a wallet and key recovery mechanism, and this will be

Bitcoin 116

Bitcoin Groups cryptocurrency Mobile 116

The Financial Brand

MARCH 24, 2019

Digital disruption in banking necessitates new leadership skills. The post Future of Banking Requires New Leadership Model appeared first on The Financial Brand.

Leadership 33

Leadership Branding Digital Banking 33

Advertisement

In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

Report

PYMNTS

MARCH 24, 2019

Australia is including an additional $390 million in its new budget to boost its financial regulation sector, according to Reuters. Earlier this year, a government-appointed inquiry into greed and malpractice in the financial sector, known as the Royal Commission, led to recommendations on such things as Australia’s corporate regulators being subjected to a new oversight body and remuneration structures being overhauled.

Regulation 111

Regulation National Report Groups 111

PYMNTS

MARCH 24, 2019

Although U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are going to Beijing for trade talks later on this week, there are still a few obstacles in the way of a trade deal. Most notably, the fact that China has so far refused to ease its restrictions on foreign technology companies. Ahead of the talks, the U.S. requested that China stop discriminating against foreign cloud computing providers, slash limits on overseas data transfers and ease a requirement for f

Regulation 108

Regulation Cyber Security United States Washington 108