News

B2B Payments
BNP Digitizes Treasurers’ Cash Flows With Cashforce
September 27, 2018

BNP Paribas announced a new collaboration with a FinTech company as it looks to enhance its services for corporate treasurers. 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...

B2B Payments
Western Union Mulls Sale Of B2B Payments Unit
September 27, 2018

Western Union is reportedly considering a sale of its business payments operation, unnamed sources told Bloomberg on Wednesday (Sept. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Ridesharing
Lyft Revenue Sees Big Lift In First Half Of 2018
September 27, 2018

Rideshare company Lyft’s revenue more than doubled in the first half of the year to $909 million. In addition, the company’s net loss increased at a slower rate than a year earlier, going up by 46 percent to $373 million. The company also lost 41...

Security & Fraud
Chegg Hack Hit 40M Customers
September 27, 2018

Chegg, a technology giant specializing in textbook rental, suffered a data breach affecting around 40 million customers. According to CNBC, Chegg’s shares fell more than 12 percent on Wednesday (September 26) after the news broke. Get the Full Story Complete the form to unlock this article...

Payments Innovation
Faster Payments Go Live In Hong Kong
September 27, 2018

Hong Kong has launched the Faster Payments System (FSP), which allows users to send money almost instantly using a mobile number or email address as an account proxy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
India’s Supreme Court Sustains Biometric ID System
September 27, 2018

India’s Supreme Court has upheld the validity of the controversial biometric security identity system Aadhaar, but still put a stop to the government’s move to make it mandatory. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Home Depot Beefs Up Same-Day Delivery
September 27, 2018

Home Depot announced that it has launched express same-day and next-day local delivery for more than 20,000 of its most popular items to 35 major metros across the U.S. The new service is part of the company’s five-year expansion of its delivery offerings for DIY...

Investments
Grab In Talks To Sell Stake In Thai Unit
September 27, 2018

Grab, the Singapore ride-hailing startup, is reportedly in talks to sell a stake in its Thai business to Central Group, the largest retailer in Thailand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Alibaba Signs Up With Banking Circle For Cross-Border Payments
September 27, 2018

Alibaba Group announced Thursday (September 27) that it signed up with Banking Circle to use its infrastructure and global network for digital payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...