News

Regulation
FinCEN Eyes Cryptocurrency Amid 1,500 Monthly Complaints
August 13, 2018

1,500 complaints about suspicious activity per month. 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 newsletter, PYMNTS Today. By completing this form, you agree...

B2B Payments
Bottomline Reports 20 Percent Growth In Q4
August 13, 2018

Business payments company Bottomline Technologies reported financial results for the fourth quarter, as its fiscal year ended June 30. The results showed subscription and transaction revenues — primarily related to the company’s cloud platforms — at $71.1 million for the fourth quarter, a 20 percent increase compared to the...

B2B Payments
Economists Warn Of Impending Corporate Debt Bubble Burst
August 13, 2018

Data released from S&P Global in June pinpointed U.S. corporate debt at reaching $6.3 trillion, with a record-low cash-to-debt ratio of 12 percent in 2017 for speculative-grade borrowers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
PeopleScout Launches Enhanced Supplier Management Program
August 13, 2018

PeopleScout, a workforce solutions company, announced that it has officially launched its enhanced supplier management program, the PeopleScout Supplier Network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Payments Innovation
Payments’ Stranger Things
August 13, 2018

The payments world could very well be living in the Upside Down. 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 newsletter, PYMNTS Today. By...

CFPB
CFPB Settles With Payday Lender Over Scam Fees
August 13, 2018

The Consumer Financial Protection Bureau announced Friday (August 10) that it entered into a settlement agreement with Richard Moseley, Sr., Richard Moseley, Jr., and 20 interrelated corporate entities controlled by the two regarding payday loans. Get the Full Story Complete the form to unlock this article...

Partnerships / Acquisitions
Amadeus Buys TravelClick For $1.5B
August 13, 2018

Amadeus has agreed to acquire TravelClick for $1.52 billion. 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 newsletter, PYMNTS Today. By completing this form,...

IPO
Crypto Chip Maker Bitmain Eyes $18B IPO
August 13, 2018

Bitmain, the world’s largest producer of cryptocurrency mining chips, is planning to file for an initial public offering (IPO) in September, which could turn out to be one of the largest IPOs in history. According to documents obtained by CoinDesk, Bitmain hopes to raise $18...

CFPB
CFPB Relaxes Supervision Of Military Lenders
August 13, 2018

In a move that has surprised military families, the Consumer Financial Protection Bureau (CFPB) is planning to suspend routine examinations of lenders for violations of the Military Lending Act, which was designed to protect military service members and their families from financial fraud, predatory loans...