RCI Banque group RENAULT, an issuer of auto loan asset-backed securities in Europe,announced last week that it had selected b-pack as its procure-to-pay solution. According to a b-pack press release, the company’s cloud-based SaaS solution was implemented at RCI. The goal is to help reduce...
Chinese government procurement lists have not banned Apple products, according to a Reutersreport from last week. Originally, the rumor was that the popular laptops and tablets were blacklisted because of national security concerns. However, China’s Central Government Procurement Centre, the finance ministry and Apple have...
Rocket Internet’s FoodPanda food delivery service has pulled in another $60 million in a new round of funding. The investment, which was announced on Monday (Aug. 11), came from new investor Falcon Edge Capital along with Rocket Internet AG. This series D round brings FoodPanda’s...
Publicly, all retailers have—historically—said that data breach disclosures need to happen quickly and publicly. Privately, though, IT and security specialists have long questioned the point of such disclosures, especially the early ones. The initial reports are almost always wrong, shoppers can't do anything useful with...
If consumers get upset with their banks as rules tighten, will credit unions benefit? Credit unions are arguing that they will—and already are. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Online bridal boutique Weddington Way has closed on another $9 million in funding, the retailer said Monday (Aug. 11). The investment round bring the company’s total funding to $11.5 million, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy...
Lombard Odier Funds (Europe) S.A., the Luxembourg based management company of Lombard Odier Investment Managers (“LOIM”)announced last week that it had selected Confluence for its automated budgeting application for asset managers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
You know you’re in trouble when the CFPB issues a consumer advisory. And, especially so when they start the advisory out with “What’s this ‘to the moon!’ business on the internet about?” Get the Full Story Complete the form to unlock this article and enjoy...
State prosecutors in New York on Monday (Aug. 11) brought criminal charges against a dozen payment companies, “accusing them of enabling payday loans that flouted the state’s limits on interest rates in loans to New Yorkers,” according to a story in The New York Times....
