News

B2B Payments
First Global CEO, Co-founder Steps Down
January 21, 2019

Payments company First Global Data has announced a leadership change, as its Chief Executive Officer and Co-founder Andre Itwaru plans to depart. In a press release issued Friday (Jan. 18), First Global said Itwaru announced his resignation. Get the Full Story Complete the form to...

B2B Payments
White House Finalizes Rules On SMB Tax Break
January 21, 2019

The U.S. Department of the Treasury has finalized rules through which businesses will be able to take advantage of a new 20 percent tax deduction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
China’s Private Sector Struggling Amid Corporate Bond Defaults
January 21, 2019

Market conditions in China are poised to cause another wave of corporate bond defaults, according to recent Financial Times (FT) reports, which pointed to maturing issuance and a lower risk appetite combining to possibly continue a wave of defaults seen last year. Get the Full Story...

B2B Payments
Spring Labs Partners With Leading FinTech Firms On Fraud Prevention Platform
January 21, 2019

Spring Labs announced that 16 FinTech industry leaders have joined its Spring Founding Industry Partners (SFIP) program to help prevent fraud and boost ID verification capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Alternative Finance No Longer SMBs’ Last Resort
January 21, 2019

Alternative finance (AltFin) has had a rocky lifespan, with controversies over high interest rates, contract agreements and the overall viability of the industry being called into question in the past. Today, however, investors continue to back companies that want to help borrowers find a source...

B2B Payments
Late Payments A Government Hallmark In The UK — And US, Too
January 21, 2019

As the government shutdown dragged on into the weekend, the impact of late payments on contractors got the spotlight in outlets such as Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
China’s Economic Growth Suffers Amid Trade War
January 21, 2019

With a trade war with the U.S. weighing on the Chinese economy, economic expansion in China hit a pace not seen in close to three decades. reported The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Fortnite’s In-Game Currency Used In Money Laundering Schemes
January 21, 2019

A new report has revealed that Fortnite’s in-game currency is being used to launder money from stolen credit cards. 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...

IPO
The RealReal Mulling An IPO This Year
January 21, 2019

The RealReal, the online luxury reseller, is reportedly mulling an initial public offering, reported Reuters. 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,...