SEC Fines JPMorgan for $4 Million for Deleting 47 Million Emails
The U.S. Securities and Exchange Commission (SEC) fined JPMorgan Chase $4 million.
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TikTok Looks to Challenge Amazon and Shein With New E-Commerce Initiative
TikTok has confirmed the testing of a new shopping section in the Trendy Beat app, in which users can purchase products supplied by the parent company ByteDance.
Apple Restarts Talks for Apple Pay Launch in India
The media reported that over the past few weeks, Apple has been actively discussing with representatives of the Indian authorities about the start of official negotiations on the launch of the Apple Pay payment service in the South Asian market.
Canada to Require Google and Meta to Pay for News
The Senate of Canada last Thursday, June 22, passed a bill according to which Google and Meta are obliged to provide the media with a fee for news materials distributed on the platforms of these companies.
JPMorgan Starts Euro Blockchain Payments for Corporate Clients
JPMorgan Chase & Co. announced the expansion of one of the largest projects in the framework of the implementation of digital technologies, including blockchain, in the field of traditional banking.
Singapore Fines Firms Over Wirecard Payments Scandal
In Singapore, the local financial regulator has decided to impose a penalty in the form of a fine against four companies that are involved in the scandal related to the Wirecard payment firm.
Robinhood to Buy Credit Card Startup
A zero-fee, stainless steel credit card with rewards on every purchase, and an intuitive mobile app experience will enhance Robinhood’s product offering and deepen its relationship with existing customers.
IMF Warns Against Crypto Ban, Calls for Better Regulation
“While a few countries have completely banned crypto assets given their risks, this approach may not be effective in the long run,” says the organization.
Alipay and Mastercard Offer Cashless Payments to International Travelers to China
Alipay and Mastercard announced the beginning of cooperation to create a new payment method for foreign tourists visiting China.
PayEm Integrates Spend Management and Procurement Platform With American Express
PayEm has announced that it has integrated its global cost management and procurement platform with American Express.
Modulr Expands Embedded Payments Offerings to France and Spain
Modulr has expanded the geography of the application of its offer for instant payments.
Australia Threatens to Fine Twitter
The Australian cybersecurity regulator turned to Twitter, the current owner of which is billionaire Elon Musk, with a request to provide an explanation of the concept of this digital platform to combat the spread of materials that promote hate speech in the virtual space.
FTC Sues Amazon
The US Federal Trade Commission (FTC) on Wednesday, June 21, sued Amazon, accusing the e-commerce giant of using a deception technique to force millions of consumers to subscribe to the Prime service.
Nubank Introduces Innovative Life Insurance Program
Nubank customers can now give individual life insurance policies as gifts
Adyen and Shopify Partner to Strengthen E-Commerce Capabilities for Enterprise Merchants
The new global partnership between Adyen and Shopify will simplify the customer journey and solve payment complexity for enterprise merchant
Customer Demand for Sustainability Banking Tools Far Exceeds Supply: Research
Almost 40% of UK citizens would like their financial institution to offer banking tools to track their sustainability impact
