News

B2B Payments
India’s AU Bank Enables Account Opening Through WhatsApp
August 08, 2019

India’s AU Small Finance Bank is rolling out an integration with WhatsApp, allowing small business customers to open an account on the messaging app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Alternative Finances
State Regulators Investigate Payday Advances
August 08, 2019

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the short term lending industry, specifically in the area of payroll advances.  On Tuesday (August 6), Financial Services Superintendent Linda Lacewell...

Security & Fraud
Facebook’s WhatsApp Still Vulnerable To Year-Old Chat Hack
August 08, 2019

Internet safety authorities uncovered a means of hacking chats on WhatsApp last year, but Facebook has yet to fix the security flaws, The Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payments Innovation
How Airbnb, Lime, Turo, Fiverr And Newegg Are Using Instant Payments
August 08, 2019

Whether it’s a merchant or their customer, an employer or their employee — every party involved in a transaction wants to be paid immediately, without any hassles or surprises. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
As SCA Deadline Looms, Merchants Scramble
August 08, 2019

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 newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

International
Why China’s SMB IOUs Spell Out Troubles Ahead
August 07, 2019

Déjà vu for IOUs — and because this is China we’re talking about, it may be the world economy that ultimately pays. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
SoftBank Invests $17M In Brazilian Used Car Seller Volanty
August 07, 2019

Volanty, an online Brazilian used car market startup, raised 70 million reais ($17.6 million) in funding, led by Japan’s SoftBank and Argentina’s Kaszek, Reuters reported on Wednesday (Aug. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Bitcoin
Bitcoin Daily: ECB Tightens Scrutiny On Crypto Transactions; Tax Bill Would End Double Crypto Tax
August 07, 2019

The European Central Bank (ECB) said in a report that fixing cryptocurrency asset data gaps still presents a sizable challenge for financial institutions as well as regulators, Cointelegraph reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Partnerships / Acquisitions
GOJEK Said To Be Acquiring Moka POS Startup
August 07, 2019

One of the largest and most valuable tech companies in Indonesia, GOJEK, is said to be about to acquire Moka POS, a company that makes payment terminals for small and medium-sized businesses (SMBs), according to reports citing unnamed sources.  Get the Full Story Complete the form...