News

Global Payments
London’s Paysend Licensed To Operate In Canada
December 09, 2019

Paysend, a FinTech out of the U.K., has received a license to operate in Canada in a move that will expand the company’s global reach, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Questions Over Whether UK’s Starling Bank Will Hit SMB Loan Target
December 09, 2019

London’s digital bank startup Starling Bank has loaned just 1 percent of the amount it has pledged to give to small and medium-sized businesses (SMB) over the next five years, BM Magazine reported on Monday (Dec. 9). Get the Full Story Complete the form to...

Investments
Zeus Living Raises $55M To Grow Corporate Housing Service
December 09, 2019

Short-term corporate housing company Zeus has raised $55 million in a series B funding round, according to a blog post by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
SEC Eyes Trade Finance FinTech For Ponzi Scheme Activity
December 09, 2019

International Investment Group (IIG), which provides loans to small and medium-sized businesses (SMBs), lost its license after the U.S. Securities and Exchange Commission (SEC) revoked it for “a string of frauds,” according to the Global Trade Review. Get the Full Story Complete the form to...

B2B Payments
Funding Round Could Give AvidXchange $2B Valuation
December 09, 2019

Automated business payments processing firm AvidXchange is launching a new fundraising round that could give the firm a $2 billion valuation, The New York Times reported on Monday (Dec. 9), citing sources. Get the Full Story Complete the form to unlock this article and enjoy...

News
Top News In Payments: Goldman To Launch Robo Advisor; Regulators Want Monitoring Of Big Tech...
December 09, 2019

In today’s top news in payments, Goldman plans to launch a robo advisor for clients with lower investment capital than traditional customers, and Apple plans to offer 0 percent installment financing on iPhones bought with the Apple Card. Also, as big tech moves into the...

Payment Methods
LINE Pay Taiwan To Launch Cross-Border Mobile Payment Alliance
December 09, 2019

LINE Pay Taiwan and iPASS Corp. have formed a collaboration with four major international payment brands to facilitate cross-border payments, the companies said in a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Samsung Execs Jailed In South Korea For Evidence Tampering
December 09, 2019

A South Korean court slapped three Samsung Electronics executives with jail sentences Monday (Dec. 9) for evidence tampering during an accounting fraud investigation, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Digital Banking
Trulioo Global ID Service Now Available In Nigeria, Ghana
December 09, 2019

Global ID verification provider Trulioo has announced it will now be able to verify customers in Nigeria and Ghana, according to a release by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...