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FinTech versus Banks, Round One: PSD2

Chris Skinner

These legislative acts foster innovation and drive both competition and choice in the market. We welcome the adoption of the amended Payment Services Directive (PSD2) that seeks to improve competition by opening payment markets to new entrants, thus fostering greater efficiency and cost-reduction. .…) accountants, Start-ups etc.…)

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Why N26 Is Keeping Fraud Top Of Mind In The US Market

PYMNTS

Banks need to keep this requirement top of mind as they compete against other FIs in newer markets, however. It is thus imperative that those seeking to expand into new markets adjust their fraud protection strategies to better fit local customer needs. Bringing a global fraud approach to a new local market. operations.

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Dunkin’s ‘Flexible Operating Model’ Offers Delivery, Pickup, Drive-Thru Amid COVID-19

PYMNTS

has a “flexible operating model” where it can keep providing delivery, curbside pickup, and drive-thru where in-restaurant dining is not permitted. percent comparable store sales in the first 10 weeks of the quarter, and it was “on track to deliver the highest quarterly comp since Q3 of 2013.”. International Markets.

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‘Death-Spiral Financing’ Leads to SEC Fraud Charges Against Penny-Stock Operator

PYMNTS

In a tale that roughly recalls the 2013 Martin Scorsese film “ The Wolf of Wall Street ,” the U.S. The complaint also targets three other people involved in the alleged fraud, which the SEC said took place in 2012 and 2013. Securities and Exchange Commission has sued financier Joshua Sason for fraud.

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Bitcoin Daily: Germany’s BaFin Seizes Allegedly Unlicensed Bitcoin ATMs; Police Confiscate $30M In Crypto From Closed Movie Streaming Site In Germany

PYMNTS

German authorities are cracking down on several allegedly illicit cryptocurrency-related operations in the country. The watchdog told KKT UG CEO Adam Gramowski to cease crypto trading business in Germany back in February for reportedly operating without a trading or banking license. Movie2k.to

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AlphaBay and Hansa Market — Two Dark Web Markets — Have Been Shut Down

PYMNTS

Working cooperatively, American and European authorities reported yesterday (July 20) that they have shut down two of the largest online black markets — AlphaBay and Hansa Market. Their respective operators have also been arrested. a popular post on the social network Reddit said on Thursday, using initials for dark net markets.

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N26 Is Gearing Up To Enter The Brazilian Market

PYMNTS

N26, the FinTech startup, is gearing up to enter the Brazilian market. market next, with that expected to happen during the first half of this year. Brazil is expected to be the market it enters after that, according to the report. Brazil is expected to be the market it enters after that, according to the report.

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