US Banks Shun Money Transmittal

PYMNTS

According to a report in The New York Times , while Mexico is the largest destination for money transfers from the U.S., billion was sent from the U.S. It also means limited options for those living in the U.S.

US 244

US Mulls Banning Visa, Mastercard From Processing In Venezuela

PYMNTS

The U.S. The U.S. In fact, earlier this week, the U.S. Latin America financial sector MasterCard News Nicolas Maduro sanctions SWIFT transactions U.S.

US 246

US Bans Chinese Facial Recognition Tech

PYMNTS

A Chinese company that develops facial recognition technology could be facing a ban in the U.S. As a result, the United Stated has banned government agencies from buying Hikvision products, and now there are rumblings that the company might be facing a ban on on importing U.S.-made

US 267

US Faster Payments Council Announces Founding Sponsors

PYMNTS

The U.S. It also signifies their determination to get the FPC’s work off to a strong start in the U.S. The FPC’s founding sponsors are truly committed to sharing their expertise and resources as we collectively work to accelerate widespread U.S.

US 183

US Treasury: Taxes On Digital Companies Are Discriminatory

PYMNTS

A U.S. Reuters reported that Chip Harter, the U.S. What we have seen of the most recent French proposals, we view them as highly discriminatory against U.S. Regulation digital companies digital tax French tax News OECD regulation tax reform U.S.

Taxes 189

US Bank Freight Payments Integrate With project44

PYMNTS

Third-party logistics technology provider project44 is integrating payments capabilities as a result of its partnership with U.S. 27), project44 revealed that U.S. The deal will enable U.S.U.S. “Our work with U.S.

US 148

US Restaurants Face Tough 2019

PYMNTS

According to a report in Bloomberg citing analysts and industry watchers, U.S. Bloomberg pointed to Starbucks, which already announced plans to close some of its U.S. Because consumers in the U.S.

US 222

Danske Bank Whistleblower: Major European Bank, U.S. Lenders Involved

PYMNTS

19), contended that a major European bank helped to process as much as $150 billion in suspicious payments, and noted that two U.S.-based The comments came as regulators in Denmark, Estonia, Britain and the U.S. We have breached the expectations society had of us.

US 250

Bankrupt Toys R Us Aims For Retail Revival

PYMNTS

Even with the liquidation of Toys R Us operations in the U.S., Now, the company is looking to restart the brand in places such as the U.S. Chief Executive Officer Richard Barry said, according to the outlet, “That’s certainly our intent, to be in a position where U.S.

US 182

Chinese Investments In US Tech Startups Dry Up

PYMNTS

Investments on the part of China in U.S. According to a report in Reuters citing Rhodium Group, Chinese venture funding in U.S. Hurting the investments, reported Reuters, is new legislation that gives the U.S.

US 213

Toys R Us Is Going Strong In Asia

PYMNTS

While Toys R Us has disappeared from the United States, it is going strong in Asia, which plans to open 60 new stores throughout the region this year. We are cautiously optimistic,” said Jo Hall, Toys R Us chief commercial officer for Greater China and Southeast Asia. “We

US 210

eCommerce Co Jumia Files US IPO

PYMNTS

Reports confirmed the news via U.S. Pan-African eCommerce company Jumia filed for an initial public offering (IPO) on the New York Stock Exchange (NYSE) on Tuesday (March 12). Securities and Exchange Commission (SEC) documents, and by speaking with CEO Sacha Poignonnec.

US 195

Amazon Prime To Top Half Of All US Households This Year

PYMNTS

percent) of U.S. At the end of February, Amazon announced the launch of Amazon Day , a new delivery service that lets Prime members in the U.S. Amazon Amazon Prime News U.S. A new study by eMarketer says more than half (51.3

US 210

US Banking Industry Had No Failures In 2018

PYMNTS

According to a report in CNBC , citing Calculated Risk, last year was the first time since 2006 that not one U.S. Citing Bloomberg, CNBC noted that the largest U.S. Economy banking FDIC financial crisis financial system News regulation U.S.

Survey Shows Fall In US Consumer Sentiment

PYMNTS

Consumer Finance consumer behavior consumer finances financial health financial invisibles household income News personal finance U.S.

Survey 200

US Government Pushes Back On Indian eCommerce Rules

PYMNTS

According to a report from Reuters , citing three sources familiar with the talks, the U.S. Reuters reported that earlier in January, a U.S. The official argued that U.S. The call on the part of the U.S.

US 191

Investors Predict Retail Slowdown In US

PYMNTS

According to a report in The Financial Times , sixty-two U.S. Also hurting retailers is macroeconomic data that shows weakness in retail sales in the U.S.

Retail 160

Toys R Us’ Surprisingly Sexy Inventory Auction

PYMNTS

When now bankrupt Toys R Us puts its assets on the auction block next month, some expected things will be up for sale — like the toy and game retailer’s internationally recognized mascot Geoffrey the Giraffe, according to recent CNBC reports. Toys R Us owns those names to prevent other firms from using them — and from encroaching on its brand. Not all the choices Toys R Us claimed were racy in nature. The ‘R Us’ is the key to the brand, not the Toys.”.

US 138

Instacart Expands Alcohol Delivery Across The U.S.

PYMNTS

Instacart, the online grocery company, announced Tuesday (March 12) it has expanded alcohol delivery for customers across the U.S. With the expansion, the company said alcohol delivery via Instacart reaches more than 40 million households in the U.S.

US 167

US Supreme Court Sends Google Settlement Back To Lower Court For Review

PYMNTS

A Google settlement with consumers is getting a second look after the U.S. The U.S. Legal class action lawsuit Google News privacy tech companies u.s. Supreme Court ruled a lower court should review the $8.5 million settlement.

Google 160

Toy Sales Stumble In First Holiday Without Toys R Us

PYMNTS

The toy industry saw a dip in sales during its first holiday season without Toys R Us. Data from market researcher NPD Group showed that U.S. The retailer had over 700 locations in the U.S., Retail Holiday Season News toy industry Toy Sales Toys R Us What's Hot

US 167

US Senators Propose New Office To Combat Tech Theft

PYMNTS

To contend with technology threats from China, two U.S. The bill, which aims to create an Office of Critical Technologies and Security, was a bipartisan effort by U.S. Senator Marco Rubio (R-FL) and U.S. intellectual property, U.S.

US 176

Barclays Eyes US Expansion

PYMNTS

bank Barclays is considering whether it should expand further into the U.S. payments platform in the states, as well as building a U.S. In addition, sources say that Barclays is putting more capital behind its U.S. Many European banks have to tried to expand into the U.S., with some of the biggest financial institutions (FIs) almost collapsing due to exposure to the U.S. But a strong economy has made the U.S. Last year, the U.S.

US 113

US Retail Sales Increase In January

PYMNTS

With a rise in discretionary spending and building materials purchasing, retail sales in the U.S. increased by 0.2 percent in January. At the same time, however, it was noted that retail sales fell by 1.6 percent in December compared to the 1.2

Retail 167

Retailers Scoop Up Former Toys R Us Locations

PYMNTS

Months after Toy R Us sought to liquidate its holdings in the United States, merchants have taken up space left behind by the toy retailer. Ollie’s Bargain Outlet Holdings, for example, opened the doors to a location in Maryland that was home to Toys R Us in the past.

US 182

Some US Toys R Us Locations Could Survive After Canadian Company’s $234M Bid

PYMNTS

There might be hope for Toys R Us , with a Toronto-based company looking to save some locations in both Canada and the U.S. Last Tuesday (April 24), Toys R Us agreed to sell its Canadian business — which consists of 82 stores — to Fairfax Financial Holdings Limited for around $234 million in a bankruptcy court hearing. Those stores might retain the Toys R Us name.

US 142

Chase Plans Expansion In Top US Markets In 2019

PYMNTS

This expansion marks a major milestone for our firm by allowing us to serve more customers, small businesses and communities across the country,” said Thasunda Duckett, CEO of consumer banking for Chase. “To To us, this is so much more than building branches.

Two US Senators Call On India To Relax Data Rules

PYMNTS

We see this (data localization) as a fundamental issue to the further development of digital trade and one that is crucial to our economic partnership,” the U.S. International data storage digital payments ecommerce india News U.S.

US 214

US Considers AI Regulation For Foreign Countries

PYMNTS

A new proposal shows that the U.S. Earlier this year, it was reported that the U.S. was considering taking a closer look at the relationship between U.S. The new committee aims “to improve the coordination of federal efforts related to AI to ensure continued U.S.

US, China Near Completion Of Trade Deal

PYMNTS

With both countries potentially lifting tariffs, the U.S. The U.S. At the same time, it was reported that U.S. At the same time, negotiators are talking about a plan that would have meetings of officials from the U.S.

US 161

FCC: US Poised To Win 5G Race

PYMNTS

With 5G wireless coming, the U.S. According to a report in CNBC, Carr said on “Squawk Alley” late last week that the U.S. The comments from Carr come after President Donald Trump tweeted last week he wants the U.S. Nevertheless, Carr said he knows the U.S.

US 173

U.S. Bank Announces Amazon Alexa Integration

Bank Innovation

EXCLUSIVE- U.S. The Minneapolis-based bank ran an employee pilot over the summer and initiated work on the Alexa skill earlier in 2017, said Gareth Gaston, executive vice president and head of omnichannel banking at U.S. […].

US 209

Cashless trend becoming a crisis debate in UK, US

Mobile Payments Today

The rise in cashless payments and the declining presence of bank branches and ATMs is leading to a potential crisis point in many communities across the U.S. and the U.K.

Trends 190

Amazon Looks To Open New Grocery Chain In US Cities

PYMNTS

Amid Amazon ’s efforts to grow its reach in the food space, the eCommerce retailer is reportedly looking to launch grocery stores in multiple big U.S.

US 244

Exploding US CBD Market Could Hit $16B By 2025

PYMNTS

The U.S. The substance, which is derived from hemp, was made legal in certain circumstances under the U.S. cannabidiol (CBD) market continues to grow, with nearly 7 percent of Americans saying they use the substance. According to an analysis by Cowen & Co.,

US 241

Toys R Us Eyes Liquidation Of US Operations

PYMNTS

Beleaguered toy retailer Toys R Us is in the midst of prepping plans to liquidate its U.S. Toys R Us’ situation is in flux, but reports say liquidation seems a likelihood amid dashed hopes that a buyer will come to keep the (toy) trains running, so to speak, or that the debt will be repackaged. As has been widely reported, the U.S. Toys R Us managed to garner a $3.1 Retail bankruptcy brick and mortar News store closings toy industry Toys R Us What's Hot

Economists: US Debt Levels Not ‘Catastrophic’

PYMNTS

Although the nation’s debt is on the rise, some economists are saying the unexpected: the U.S. But some economists say the U.S. The levels of debt we have in the U.S. shouldn’t be that concerned about it.

US 178

U.S. Consumer Confidence Plunges Amid Market Uncertainty

PYMNTS

American consumer confidence faltered in the month of December to the lowest level its been since July, and by the most in 41 years, according to a report by Bloomberg.

Dampening Earnings Outlook Signals US Corporate Recession?

PYMNTS

As Reuters has reported , the earnings outlook is souring a bit, and the risk is that U.S. A recession is generally defined as two consecutive quarters of negative growth.

US 176

Artificial Intelligence Innovation Steered By U.S. and China

PYMNTS

World Intellectual Property Organization , or WIPO, finds that the U.S. The 158-page WIPO study found that U.S.-based Or, coming from another angle, consider recent consideration at the U.S. PYMNTS has dug deep into the use of AI by U.S.-based

Toys R Us Stops eCommerce Sales

PYMNTS

As Toys R Us winds down its operations, it is no longer accepting eCommerce orders through its website. Instead, the retailer is directing customers to liquidation sales at its brick-and-mortar stores for both its namesake and Babies R Us brands, industry news source Chain St ore Age reported. Only a small number of the 800 U.S. Toys R Us stores were headed to auction.

US 153

China Will Keep Cyberattacking US, Expert Says

PYMNTS

The U.S. FBI Director Christopher Wray said China has a singular goal: “China’s goal, simply put, is to replace the U.S. ” The U.S. China will not stop its cyberespionage campaign against America any time soon, an expert told CNBC.

US 194

US Reps Call For Crypto Regulation Research

PYMNTS

To help further use of digital currency and head off price manipulation, two U.S. Republican Representative Ted Budd and Democrat Representative Darren Soto introduced the proposed laws to make the U.S. And a second bill, the U.S. Their bills come a few months after U.S.