Spend management and procurement firm JAGGAER is collaborating with JPMorgan to develop an integrated Single-Use Accounts virtual commercial card, the companies said in a press release Thursday (July 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Stronger authentication is an obvious, albeit costly, defense against the growing number of online banking fraud attempts. European merchants will be forced to comply with Strong Customer Authentication (SCA) come September, and they may face a significant loss in revenue and customers along with the...
Group of Seven finance ministers and central bankers said digital currencies need to be closely regulated so that they don’t disrupt the global financial system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
SunTrust Banks Inc. reported results Thursday (July 18) that surpassed revenue expectations but fell slightly under earnings estimates for the second quarter. But beyond the quarterly numbers, management said the company is satisfied with the movement toward a planned merger with BB&T Corp. Get the...
Business and cloud software company Workday has bought Trusted Key, an identity authentication company that uses blockchain technology, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A former Microsoft engineer named Volodymyr Kvashuk was arrested and charged with mail fraud for allegedly stealing millions in digital money from Microsoft, according to the Department of Justice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
OfferUp is a local mobile marketplace competing with businesses like eBay, Craigslist and Facebook Marketplace. The firm received $130 million in financing in 2016, taking the complete financing of the business to over $221 million, and was the only closely-held business firm in Seattle at...
FinTech firms are keeping tabs on the optimization curve of eCommerce merchants — and how their payments needs evolve. Merchants might start with an off-the-shelf eCommerce platform and use that company’s payment solution. Alternatively, they might build their own websites and use a payment processor...
Chinese ride-hailing giant Didi Chuxing has announced it has plans to relaunch its Hitch carpooling service with added safety features. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
