News

B2B Payments
MPs Accuse Lloyds Execs Of HBOS Fraud ‘Cover-Up’
April 09, 2019

The All-Party Parliamentary Group (APPG) on Fair Business Banking is calling for a new investigation into Lloyds and how much its executives knew about the ongoing mistreatment of small business customers by its HBOS unit. Get the Full Story Complete the form to unlock this...

B2B Payments
US Government Policy On SMB Lending In Flux
April 09, 2019

U.S. President Donald Trump announced over the weekend that U.S. Treasurer Jovita Carranza is his pick to lead the Small Business Administration (SBA), after its current chief, Linda McMahon, announced on Friday (March 29) that she will leave the post. Get the Full Story Complete...

eCommerce
Square Rolls Out Online Store For UK Sellers
April 09, 2019

Square announced on Tuesday (April 9) the launch of the Square Online Store for U.K. sellers. 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...

Security & Fraud
A Marketplace For Stolen Fingerprints Has Emerged
April 09, 2019

Security researchers at Kaspersky Lab revealed at the Kaspersky Security Analyst Summit in Singapore that a dark net marketplace in which hackers are selling digital fingerprints has emerged. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Bitcoin
Bitcoin Daily: Ripple’s Chris Larsen Gifts $25M In Crypto; BMW, GM To Share Autonomous Car...
April 09, 2019

The co-founder of Ripple, Chris Larsen, along with his wife and Rippleworks, donated $25 million in digital currency to a California university, Coindesk reported. San Francisco State University called the donation the “largest gift ever made in a digital asset to a university in the...

Payment Methods
Why Card Replacement Is Every Bank’s ‘Moment Of Truth’
April 09, 2019

It happens. An issuer suspects a card has been compromised, or a consumer remembers that their debit card is in their jacket pocket only after leaving it at the cleaners. Either way, a card is cancelled and replaced with a new one. Get the Full...

Artificial Intelligence
AI Enters The FI Fast Lane
April 09, 2019

It’s hard to find fault with one of the latest tests of artificial intelligence (AI). 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...

Retail
Can Visual Search Help Retailers Find New Sales?
April 09, 2019

Amazon failed Ted Mann, CEO of Slyce, a visual search firm, when it came to the cheesy sweater — the one with, in his words, “little teddy bears all over it.” He tried in vain to search via text for that product, a wedding anniversary gift for...

Investments
Facebook Co-Founder’s VC Firm B Capital Raises $406M
April 08, 2019

Facebook Co-founder Eduardo Saverin has closed out $406 million for B Capital, his venture capital fund, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....