News

eCommerce
In-Car Commerce: What Seven In 10 Commuters Now Say They Want
December 07, 2020

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Security & Fraud
Banking Apps Shun Geolocation Data; Why Fraud Risks Could Follow
December 07, 2020

At a time when 80 percent of apps ask for (and are usually given) users’ geolocation data, the fact that most mobile banking applications still don’t is unacceptable, GeoGuard CEO David Briggs told Karen Webster in an interview. Get the Full Story Complete the form...

New Data: Tracking The Consumer, Merchant Digital Shift Down Under
December 07, 2020

The digital shift in retail is a global phenomenon. Amid the ongoing pandemic, a growing share of consumers the world over are turning to mobile devices and laptops to do their shopping or to make their trips to brick-and-mortar stores more efficient. Yet how consumers...

B2B Payments
Pioneer Bank Sues For Lost $34 Million In ValueWise Scandal
December 06, 2020

Pioneer Bank has joined the number of firms filing lawsuits over the continuing and complex MyPayrollHR/ValueWise scandal, which a report from the Daily Gazette calls one of the largest in Capital Region history. Get the Full Story Complete the form to unlock this article and...

IPO
Airbnb’s New IPO Pricing Could Boost Market Cap To $42 Billion
December 06, 2020

Airbnb, which plans to hold its initial public offering (IPO) Thursday (Dec. 10) — just a day after DoorDash does the same — will increase the range for the initial price to between $56 and $60 a share from a previous range of between $44...

B2B Payments
Serent Capital Invests In Procurement Partners
December 06, 2020

Procurement Partners, which works on procure-to-pay (P2P) services for healthcare providers, has received an investment from Serent Capital, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
Paysafe Readies $9 Billion IPO Via SPAC
December 06, 2020

Online payments firm Paysafe is nearing a deal with billionaire Bill Foley for a special purpose acquisition company (SPAC) merger, according to a Bloomberg report, intending for Paysafe to go public. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
MonetaGo, GUUD Team On Secure Transactions
December 06, 2020

MonetaGo, which specializes in blockchain technologies, and GUUD, which focuses on making international trade smooth, have teamed up on international financial transaction security, MonetaGo announced in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
UK Regulator Seeks Tailored Rules For Big Tech
December 06, 2020

Britain’s highly anticipated report outlining new rules to govern Big Tech will call for establishing specific rules for certain sectors of the digital economy and major players within them, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article...