Uber, the ride sharing company, is looking to snag a $1 billion credit line from a consortium of banks, sources told The Wall Street Journal in an article published Friday (May 22). Source: http://www.pymnts.com

Concerns over human and drug trafficking have lead some big banks to make an extreme move in an attempt to avoid illegal money that is flowing over the border Source: http://www.pymnts.com

The already struggling Etsy may have some steep competition from a much bigger eCommerce player: Amazon. Amazon has started approaching some of its merchants Source: http://www.pymnts.com

Photo-sharing service Snapchat is investing in Spring, a shopping app launched in August 2014, according to a May 22 story from Re/code. Only three weeks ago, Source: http://www.pymnts.com

Bluetooth Low Energy (BLE) is at the centre of cyber-security attention, raising concerns about privacy and confidentiality. Context, a specialized consultancy, Source: http://www.pymnts.com

“Say cheese?” The central bank in China says “no dice” — at least for new customers. Chinese regulators are forbidding banks from utilizing biometric Source: http://www.pymnts.com

The SmartMetric biometric payments card is almost ready to hit the market. The company announced that the card — a self-powered, rechargeable battery card Source: http://www.pymnts.com

In two days, thousands of developers, tech enthusiasts, journalists will converge for Google’s annual I/O developer conference. This event is where everyone’s Source: http://www.pymnts.com

The news that Target and MasterCard both failed to reach the required approval thresholds for the $19 million settlement tied to security breaches set off a Source: http://www.pymnts.com

“Just because consumers may not be able to afford or qualify for a bank account, or just because they do not want to be a part of the brick-and-mortar banking Source: http://www.pymnts.com