News

B2B Payments
Visa’s Bill Sheley On What’s Next For Push Payments
December 23, 2019

The last decade of payments innovation has developed new normals for senders and receivers of money that could not have been achieved — let alone imagined — 10 years ago: the rise of faster and real-time payments, the development of new technologies to ease cross-border...

Security & Fraud
FBI Helps Businesses Outwit Fraudsters By Deploying Decoy Data
December 23, 2019

The Federal Bureau of Investigation is working firsthand with companies to outsmart cybercriminals by deploying decoy data, Ars Technica reported on Friday (Dec. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Smartphone App Truecaller Ventures Into Business FinTech Before IPO
December 23, 2019

As it ponders an IPO in the next two years, Sweden’s caller ID firm Truecaller has been piloting FinTech products to offer credit to small businesses, Bloomberg reported. The startup has been successfully extending credit to small business owners in India, and plans to expand...

B2B Payments
Paystand Inks Digital Payment Platform Deal With JCB
December 23, 2019

Blockchain-enabled commercial payments platform Paystand entered into an initial partnership with JCB to offer the first end-to-end digital payments platform for JCB customers and Japanese enterprises. The proposed solution takes on a significant gap in Japan’s current B2B payments market, and provides the corporate subset...

Investments
Uber Ex-CEO Kalanick Now Owns Less Than 10 Pct Of Ride-Hailing Giant
December 22, 2019

Uber co-founder and former CEO Travis Kalanick is exiting his stake in the popular ridesharing company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

B2B Payments
Lloyds To Make Special £35K Payout To HBOS Fraud Victims
December 22, 2019

To regain trust following an independent review that deemed its compensation plan to not be “fair and reasonable,” and which had to be redetermined, Lloyds Banking Group is to make a special £35,000 ($45,547.60 USD) payout to 191 fraud victims. Lloyds’ Managing Director Jo Harris...

Partnerships / Acquisitions
U.S. Gov’t Fights States’ Bid To Block Sprint, T-Mobile Merger Saying Move Would Slow 5G
December 22, 2019

A group of state attorneys are banding together to fight a merger of T-Mobile and Sprint that is backed by the United States Justice Department, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Ridesharing
Colombia Blocks Uber From Using Its Ride-Hailing App
December 22, 2019

Uber was ordered last Friday by a Colombian judge to stop securing business in their country via its popular ride-hailing app, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

News
How Mariah Carey’s Christmas Classic Digitally Rocketed To No. 1 In 2019
December 21, 2019

This Christmas season, what’s old is not only new again — in fact, what’s old is kicking major butt on the music charts, and you have the digital and eCommerce ecosystem to thank (or blame) for that. Get the Full Story Complete the form to...