News

Security & Fraud
TrueDialog SMS Provider Leaks Millions Of Business Texts
December 02, 2019

An exposed database run by TrueDialog revealed millions of SMS text messages, according to published reports on Sunday (Dec. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Zopa P2P Lender To Land 12th-Hour Investment To Become Bank
December 01, 2019

Peer-to-peer (P2P) lender Zopa will secure a £130 million ($1.67 million USD) investment that it needs to become a challenger bank. The news comes days before its conditional banking license is set to expire on Tuesday (Dec. 3). A source told the Financial Times that...

Digital Banking
Nigeria Turns To FinTechs To Boost Financial Inclusion
December 01, 2019

In an effort to expand access to financial institutions (FIs), the Central Bank of Nigeria is planning to license more payment providers, Bloomberg reported on Saturday (Nov. 30).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Europe
German Gov’t Snaps Up Tech Firms To Prevent Foreign Acquisitions
December 01, 2019

Germany is planning to temporarily take stakes in high-tech companies in order to stop investors from non-EU countries from acquiring them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payment Methods
Teen-Focused Digital Bank Pixpay Raises $3.4M
December 01, 2019

French startup Pixpay is the first challenger bank to cater to teens, offering a debit Mastercard for cashless payments, news outlets reported on Friday (Nov. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Gusto Cites Security Concerns In Zenefits API Dispute
December 01, 2019

Small business accountants have said they are now forced to manually transfer data between payroll and human resources solution providers Gusto and Zenefits after the two companies abruptly ended their application programming interface (API) integration, AccountingToday reported. Get the Full Story Complete the form to...

B2B Payments
NYSE Submits IPO-Alternative Proposal, Nasdaq To Follow
December 01, 2019

Nasdaq and the New York Stock Exchange (NYSE), the two major stock exchanges in the U.S., are proposing an alternative for corporates looking to raise cash apart from the initial public offering (IPO). Get the Full Story Complete the form to unlock this article and...

B2B Payments
Sage Continues Acquisition Spree With CakeHR
December 01, 2019

Enterprise software provider Sage is expanding through the acquisition of human resources (HR) solutions provider CakeHR. On Thursday (Nov. 28), CakeHR announced on its company blog that Sage is acquiring the firm to integrate its HR offerings into Sage’s broader enterprise resource planning (ERP) and...

News
‘Google Checking,’ T-Mobile Data Breach Top This Week’s News
November 29, 2019

It’s the end of a holiday week and almost the beginning of a new month. And the PYMNTS Weekender is here to make sure you didn’t miss anything — and that you start off December right, with the latest in payments and commerce news. Get...