News

Delivery
Uber Eats Throws Down Gauntlet, Aims For 70 Pct Of Food Delivery Market
October 24, 2018

Uber plans the expansion its on-demand food delivery service Uber Eats so that it covers more than 70 percent of the U.S. by the end of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
OCC Fines Capital One $100M Over AML Lapse
October 24, 2018

The Office of the Comptroller of the Currency (OCC) announced that it has fined Capital One $100 million due to shortcomings in the company’s Bank Secrecy Act and anti-money laundering programs. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Why Using Rules Of Thumb To Predict Fraud Is A Fail
October 24, 2018

Rules of thumb are useful — until they aren’t. When it comes to deploying corporate resources in the battle against online fraud and account takeovers (ATOs), all too often, guiding principles fail to spot what’s really happening to a business in real time. Get the...

Security & Fraud
Onboarding And Authenticating A Global User Base
October 24, 2018

Verifying the identities of new users during onboarding is only part of the authentication challenge. Many consumers — particularly younger, tech-savvy ones — want access to mobile and connected financial management offerings that provide simple, convenient experiences. In the latest Digital Identity Tracker, Tern Commerce...

News
Five At Five: Walmart Ups Shipping And Returns Game
October 23, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest move by Walmart to gain on Amazon and its other retail rivals, along with news about Amazon’s speaker success. Visa backs EMV specs, Lyft makes...

Bitcoin
Elon Musk Stirs Twitter Pot Again — But This Time, It Won’t Cost $40 Million
October 23, 2018

An Elon Musk message on Twitter – apparently a joke about bitcoin that fell flat – ended up causing the messaging and social media platform to lock down the account of the co-founder of both Tesla and PayPal. Get the Full Story Complete the form to...

Retail
Mega Millions Winning Ticket Could Come Via Payment Card
October 23, 2018

Payment cards could play a role in making somebody, or a group of people, insanely wealthy tonight via the $1.6 billion Mega Millions drawing scheduled for 11 p.m. ET Tuesday night (Oct. 23). That’s because some states have loosened their restrictions on letting consumers buy...

Partnerships / Acquisitions
Lyft Buys Blue Vision Labs For $72 Million
October 23, 2018

Lyft, the ride-hailing startup that is expected to launch an initial public offering (IPO) next year, has reportedly acquired Blue Vision Labs, the London-based augmented reality (AR) startup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Amazon Card Payment Launches Amex SMB Card, New Prime Features For Biz
October 23, 2018

Amazon Business is bolstering its services for small businesses through a new co-branded commercial card with American Express as well as enhanced Prime features for business users. In an announcement Tuesday (October 23), American Express introduced the Amazon Business American Express Card, offering businesses a...