News

Partnerships / Acquisitions
Speedpay Fully Integrates With Beguided’s Payment Channel
August 29, 2018

Western Union subsidiary Speedpay announced it has partnered with tech company Beguided to fully integrate its Avapay payment channel into Speedway’s platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
GDPR Prompts Flood Of Data Complaints
August 29, 2018

The number of complaints filed with the U.K. data protection watchdog has more than doubled since the General Data Protection Regulation (GDPR) went into effect at the end of May. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
Swiss FINMA Plans AML FinTech Rule Revisions
August 29, 2018

Swiss financial regulator FINMA is planning to soften anti-money laundering rules for smaller FinTech firms in an attempt to help the country become a tougher competitor in the money management sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
‘Africa’s Stripe,’ Paystack, Snags $8M From Visa, Tencent, Stripe
August 29, 2018

Paystack, the Nigerian payments company, announced on Tuesday (Aug. 28) that it raised $8 million in a Series A round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Europe
How A Single Digital ID Will Become EU’s Commerce Passport
August 29, 2018

When trying to understand the new eIDAS regulations set to go officially online in the EU in September, it helps, Trulioo GM Zac Cohen told Karen Webster, to take a step back and look at the general purpose of the European Union. Get the Full...

Payment Methods
The Transition From Tellers To Digital Touchpoints In LATAM
August 29, 2018

Mass payments are no novel concept. Readers of this space know that many verticals and functions, from insurance to payroll – where payments are on the grandest scale in terms of volume – could see improvement in convenience and choice if only more companies would embrace...

Security & Fraud
Making Voice Biometrics Harder To Hack
August 29, 2018

Hackers, crackers and cyber criminals of all makes, models and specialties are more or less ubiquitous in 2018. There are many ways to catalog that reality. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Risk Management
NEW REPORT: How Businesses can Hedge Against FX Risk
August 29, 2018

A U.S. company holding money in euros is at constant risk of losing money: If the FX rate between the euros and the greenback falls, so do their profits. Political and economic factors, such as the Brexit vote or a lapsed loan between banks in...

News
Five At Five: Rakuten Takes On Amazon
August 28, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest plan to challenge Amazon, along with PayPal’s expansion of its money transfer service. Google also has new plans for digital payments, while Bose thinks bigger...