News

B2B Payments
LinkedIn Finds Entrepreneurs Increasing Reliance On Freelancers
August 24, 2018

LinkedIn‘s latest survey of small businesses (SMBs) signals an increasing reliance among entrepreneurs on freelance workers. 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...

Partnerships / Acquisitions
Ele.me, Koubei Merge; Get $3B From Alibaba, SoftBank
August 24, 2018

Alibaba and SoftBank have invested $3 billion into Ele.me, the food delivery company that is owned by Alibaba. According to a report in CNBC, Ele.me also merged with Koubei, with the combined company getting the funding. Get the Full Story Complete the form to unlock...

South East Asia
China Issues Changes To Rules To Encourage More Foreign Investments
August 24, 2018

The banking and insurance regulator in China issued changes to existing rules on Thursday (August 23) that will enable more foreign investments in the financial industry of the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Deutsche Bank Invests In Modo
August 24, 2018

Deutsche Bank announced that it has acquired an equity stake in Modo Payments, a payments technology company focusing on reducing friction in the payments industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross Border Commerce
Why It Pays To Think Globally In The Back-To-School Market
August 24, 2018

A broken link in the global supply chain can have a wide-reaching domino effect. The new Global Payments Architecture Report explores the payment difficulties that companies face in keeping the global supply chain well-oiled and running — especially over that last mile of payment. Dabbawalla...

International
UK Bank Acct Services At Risk Post-Brexit
August 24, 2018

Britons residing in the European Union (EU) may no longer have access to bank account services and businesses in the EU if a non-deal Brexit were to occur. Citing the British government, Reuters reported documents laying out a plan. Get the Full Story Complete the...

Security & Fraud
T-Mobile Discloses Data Breach That Impacted About 3 Percent Of Customers
August 24, 2018

T-Mobile disclosed on its website that hackers were able to get into the company’s network, stealing personal information on customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
Goldman Sachs’ Marcus Jumps Across The Pond
August 24, 2018

Goldman Sachs, the Wall Street investment firm, rolled out its consumer bank Marcus in the U.K. Thursday (Aug. 23) offering what the Financial Times said is the highest interest rate in the country to lure new customers its way. According to a report in the...

Security & Fraud
Deep Dive: Protecting Platform Payments
August 24, 2018

Online payment platforms have changed how worldwide consumers do business. Ride hailing platforms and short-term rental websites aren’t the only ones looking to get in on that revenue, though. Fraudsters are increasingly targeting marketplace platforms and related companies in hopes that still-fledgling firms won’t yet...