News

B2B Payments
Banks Prep For Brexit-Induced Corporate Loan Defaults
November 28, 2018

U.K. banks are looking to prepare business clients ahead of Brexit in anticipation for tightened access to financing, Reuters reported on Tuesday (Nov. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
China Sees Rise In ‘Auto-Backed’ Small Business Lenders
November 28, 2018

Some alternative lenders in China have a unique way of mitigating the risk of borrower defaults: attaching a tracking device to borrower vehicles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
$20M Real Estate Sale Looks To The Blockchain
November 28, 2018

Blockchain has made further inroads beyond cryptos and toward the transfer of assets, in one latest example – real estate.  Elsewhere, the IBM/Maersk partnership focused on improving shipping supply chains gains some traction with a new member based in Hong Kong. 

Partnerships / Acquisitions
InComm Partners With Welcia To Grow Barcode Payments
November 28, 2018

InComm, a global prepaid product and payment technology company, has announced a partnership with Welcia, Japan’s leading pharmacy chain, to launch four mobile barcode payment solutions in its stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
FTC Testifies Before Senate Subcommittee About Consumer Privacy And Data Security
November 28, 2018

The Federal Trade Commission (FTC) testified on Tuesday (Nov. 27) before the U.S. Senate Commerce Subcommittee regarding the agency’s work on consumer protection, product safety, insurance and data security. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Mobile Commerce
CARDFREE Launches Mobile Order-Ahead Service API
November 28, 2018

CARDFREE, a mobile payment app, has made its order-ahead interface available to merchants to develop through the CARDFREE mobile development kit, according to a press release from the company. The development kit allows for in-app payments and uses credit cards and mobile wallet apps. Get the Full...

Security & Fraud
Using Automation To Accelerate Onboarding And Prevent Digital Fraud
November 28, 2018

Gold is like, well, gold to cybercriminals — that’s why knowing who’s trading it is crucial. The challenge, says COO Paul Mennega of Goldmoney, a Canadian precious metal financial services firm, is authenticating and onboarding new customers instantly while managing the risk. He explains how...

Security & Fraud
Urban Massage’s Customer Database Leaked
November 27, 2018

A popular London-based massage startup has leaked its entire customer database — and could face steep fines due to violating GDPR (General Date Protection Regulation) rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Venezuela Ex-Treasurer Sentenced For $1 Billion In Bribes, Gets 10 Years
November 27, 2018

The former national treasurer of Venezuela was sentenced to 10 years in prison on Tuesday (November 27), Reuters reported. 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...