News

Faster Payments
Instant Onboarding: A Payments ‘Red Herring?’
November 02, 2018

Instant onboarding — the ability for a merchant to complete a one-page digital application, then instantly process payments — has, more or less, been heralded as the best thing to happen in payments and to merchants in decades. WePay Co-founder Rich Aberman begs to differ. Get the Full Story Complete the form to...

International
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...

Security & Fraud
Equifax Offers Free Credit Monitoring — Via Rival Experian
November 02, 2018

Equifax has extended its free credit monitoring to all Americans affected by last year’s massive data breach, but this time, it’s using a service offered by rival Experian. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Partnerships / Acquisitions
Mastercard, Accion Offer MSMEs Funds, Technology
November 02, 2018

Mastercard and global non-profit Accion have announced a first-of-its-kind partnership to transform millions of underserved micro and small businesses around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
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 —...

Security & Fraud
Department Of Justice Announces Indictments In 1MDB Fund Scheme
November 01, 2018

The U.S. Justice Department announced Thursday (November 1) a three-count criminal indictment charging two individuals in a conspiracy to launder billions of dollars embezzled from 1Malaysia Development Berhad (1MDB), the investment development fund. Get the Full Story Complete the form to unlock this article and...

eCommerce
Samsung Pay Gets Online Boost With Braintree Integration
November 01, 2018

Braintree, the eCommerce payments company owned by PayPal, announced Thursday (October 1) that Braintree merchants in the U.S. can now accept Samsung Pay for in-app payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Partnerships / Acquisitions
Volvo Partners With Baidu To Mass-Produce Self-Driving Cars
November 01, 2018

Volvo Cars announced Thursday (November 1) that it reached an agreement with Baidu, the Chinese internet search provider, to jointly develop electric and fully autonomous drive-compatible cars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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...