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Main Street SMBs, Digital AP, GoodRx’s IPO Tops This Week’s News

PYMNTS

However, in PYMNTS’ own coverage, the twin external forces of market pressures and regulatory scrutiny are making financial institutions (FIs) retool and bolster their anti-money laundering (AML) efforts. HSBC To Staff: Stay Off Bank’s Social Media Accounts . Time on Tuesday (Sept. 22) at the earliest.

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Tech Giants’ Stocks Down After Regulatory Oversight Agreements

PYMNTS

Shares in Facebook were down 8 percent after a Wall Street Journal story revealed the Federal Trade Commission (FTC) will have jurisdiction to examine the social media company over competition concerns. Facebook lost $33 billion out of its market cap and settled at $472 billion.

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Facebook Tracker: East, West And Everything In Between

PYMNTS

Facebook is getting big, and we don’t just mean popular: the social media giant has gotten bigger than its britches in more places than one, with new offices cropping up across the U.S. Google, for instance, has its Midwest headquarters in the former Fulton Market Cold Storage building. Cambridge, Massachusetts.

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Walmart Gambles On Youth And Ad Revenue With TikTok Bid

PYMNTS

Those needs are a viable social media to grab younger consumers and an expansion of its eCommerce capacity. Will the under-24 crowd buy enough goods via the nascent area of social commerce? Walmart and Microsoft would need to apply some market muscle to make that happen. percent market share. TikTok’s U.S.

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Bitcoin Daily: German Crypto Firm Shuttered After Pyramid Scheme Accusations; People’s Bank Of China Denies Bogus Announcement Of Stablecoin Launch

PYMNTS

Anything that is trading in the market under the name of DC/EP or DCEP is not the national digital currency, and any launch time suggested on the Internet is inaccurate,” the central bank said on in a statement, according to CoinDesk. And the U.S.

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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

Said Allaire of the bid to get digital currencies more front and center: “Regulators are getting their arms around them … the digital asset market is now moving, more and more, into the mainstream of finance, FinTech payments and banking world.”. And, of course, the crypto landscape extends well beyond bitcoin.

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NARS Cosmetics Puts Its Best Face Forward With AI, Data

PYMNTS

From up-and-coming players like Beautycounter and Glossier to more prominent companies like Estee Lauder and Clinique, the beauty market is increasingly oversaturated with both old and new options. We do that by focusing on integration between eCommerce sites, social media and marketing efforts, and the stores and boutiques we own.”.

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