News

B2B Payments
How Open Banking Will Test Banks’ Data Security Strategies
November 02, 2018

Whether driven by regulation or market competition, the financial services sector in several jurisdictions is progressing toward open banking, interconnectivity and a freer flow of data between customer accounts and third parties. As such, data security has simultaneously emerged as a renewed focal point for...

B2B Payments
Shell Companies Eyed In Fraud At Aegean Marine
November 02, 2018

Payments fraud on the high seas, perhaps, as a global shipper may have been involved with fake transactions and shell companies. Elsewhere, ransomware gets a roadblock and procard misuse goes to school, literally.

B2B Payments
Equifax Joins Rivals To Offer SMB Credit Scores On Nav
November 02, 2018

Credit scoring and data company Equifax has joined its top-two rivals on the Nav platform to offer small business (SMB) credit scores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Uber Eats Gets Connected To Expense Reports
November 02, 2018

Uber Eats is launching an account for corporates that aims to streamline the expense management process, according to reports Thursday (Nov. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Point of Sale
NEW REPORT: Gap’s ‘Swiss Army Knife’ Black Friday mPOS Plan
November 02, 2018

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...

Cross-border Payments
Tencent Eyes Healthcare, Connected-Car Industry
November 02, 2018

Chinese internet group Tencent Holdings wants to expand into industries such as healthcare and connected cars as it faces tougher regulations in its home country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross-border Payments
WeLab Eyes Services In China Beyond Lending
November 01, 2018

In any new technology arena, companies are born, they rise, they fall, sometimes with breathtaking speed. Regulations take shape, usually quite a bit more slowly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Hudson Executive Capital Takes 3.1 Percent Stake In Deutsche Bank
November 01, 2018

Deutsche Bank, the German bank, has seen Hudson Executive Capital, the hedge fund run by JPMorgan Chase’s former Chief Financial Officer Doug Braunstein, take a 3.1 percent stake in the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Reese’s Sets Up Vending Machine For Halloween Candy Trading
November 01, 2018

To allow consumers to trade in Halloween candy that they don’t like, Reese’s is turning to vending machines. The company has launched its own “Reese’s Halloween Candy Converter Machine,” CNN reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...