News

B2B Payments
WorldFirst’s CurrencyVue Takeover Signals B2B Payments Push
March 05, 2019

WorldFirst is looking to expand its B2B payments position through an acquisition of CurrencyVue, the company said on Monday (March 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

South East Asia
China To Institute Billions Of Dollars In Tax Cuts To Boost Economy
March 05, 2019

China is aiming to boost the economy by tax cuts and infrastructure spending in the billions of dollars range. 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...

Security & Fraud
Marriott Exec To Testify About Hack Attack
March 05, 2019

Marriott International Chief Executive Arne Sorenson is set to testify before a U.S. Senate panel about a hacking incident that exposed the records of up to 383 million customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Breach Exposes Millions Of Chinese Chat Logs
March 05, 2019

A security researcher has discovered that hundreds of millions of private chat logs from Chinese users were exposed on the internet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Prince Charles’ Charity Funded By Company With Russian Ties
March 05, 2019

A charity run by Prince Charles received donations from a company used to transfer large amounts of cash from Russia. According to The Guardian, investigators found 1.3 million bank transactions showing around £3.5 billion ($4.6 billion USD) sent to Europe and the U.S. from a...

International
Chinese Gov’t Blocks Millions From Buying Travel Tix
March 05, 2019

Millions of Chinese travelers were banned from buying airline tickets last year because of outstanding social credit offenses. 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...

Regulation
UK Fines Countrywide In AML Crackdown
March 05, 2019

U.K. estate agent Countrywide has been fined £215,000 (more than $283,000 USD) for failing to comply with the country’s money laundering prevention rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
How HomeAway Uses Payments To Build Trust In The Sharing Economy
March 05, 2019

If the digital economy crosses borders – with commerce always on, across time zones and currencies – the platform model should be a perfect fit for those who seek to literally cross borders, or even just get away from it all for a bit. Get the Full...

B2B Payments
Can Better (Digital) Credit Help SMBs Thrive?
March 05, 2019

When food delivery startup Munchery closed its doors in January, it literally left dozens of small businesses holding the bag. Orders delivered to Munchery customers, and paid for by those customers, didn’t always mean the small- to mid-sized businesses (SMBs) that provided the goods got...