News

Partnerships / Acquisitions
Deutsche Bank And Commerzbank Call Off Deal Talks
April 25, 2019

Commerzbank and Deutsche Bank announced Thursday (April 25) that they have ended talks about a combination. 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...

B2B Payments
FIS Taps Visa B2B Connect For X-Border Payments
April 25, 2019

Mired in paper and inefficient processes, B2B payments need an overhaul. That’s especially when done cross-border, because tracking fund flows between corporates becomes an onerous undertaking across time zones and currencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Bitcoin
Bitcoin Daily: eToro Is Giving Away $1.65B In Ethereum; McAfee Wants To Reveal Satoshi Nakamoto
April 25, 2019

Antivirus pioneer John McAfee claims that he knows the true identify of bitcoin creator Satoshi Nakamoto. 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...

Partnerships / Acquisitions
Equifax Acquires PayNet
April 25, 2019

Equifax announced that it has acquired PayNet, a provider of credit ratings on small businesses (SMBs). Through its use of state-of-the-art analytics, PayNet provides commercial credit risk underwriting and management solutions to online and alternative finance lenders, and to commercial finance and leasing companies in...

Security & Fraud
FTC Settles With Two Websites Over Lack Of Consumer Data Security
April 25, 2019

Two consumer websites have settled with the Federal Trade Commission (FTC) over allegations that they did not secure consumers’ data, allowing hackers to breach both sites. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Faster Payments
When Employee Debt Becomes Employers’ Stress
April 25, 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...

Delivery
McDonald’s Bails On Uber Eats Exclusivity Deal
April 24, 2019

McDonald’s is looking to make more money for its franchisees by renegotiating the terms of its exclusive delivery deal with Uber Eats, Bloomberg reported. The two companies recently met to lower the fees paid to the delivery giant. The terms will include “significantly reduced commission...

Global Payments
EnKash Notches $3M In Series A Funding; Grab Teams With SM Cinema For Ticket Payments
April 24, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes India-based EnKash’s Series A fundraising round. Grab and SM Cinema are teaming up for movie ticket payments in the Philippines, Vietnam has reportedly notched strong mobile payments growth, and nearly...

Partnerships / Acquisitions
Wirecard Expands Partnership With RBL Bank
April 24, 2019

Wirecard, the digital financial technology company announced on Wednesday (April 24) that it has expanded a partnership with RBL Bank to promote financial inclusion in India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...