News

B2B Payments
Alt-Lenders Vow Transparency After Prospa Backlash
July 02, 2018

Australia’s alternative finance community has vowed to heighten transparency following criticism over Prospa‘s high interest rates, which caused the FinTech to scrap its initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Bank Of America Deploys Biometrics For Enterprise Mobile Banking
July 02, 2018

Enterprise processes are starting to look a lot more like the consumer world. From procurement’s path to mimic an Amazon experience, to the Bring Your Own Device movement, corporates have embraced the movement toward user-friendly processes for the sake of convenience and efficiency. Get the...

B2B Payments
SMBs Face Policy Headwinds, From Trade Tariffs To SCOTUS
July 02, 2018

Small businesses have been inundated with a regulatory storm this past week. From a Supreme Court decision with possible implications for small online merchants, to SMBs’ preparations for U.S. trade tariffs, policy is keeping entrepreneurs on their toes. Get the Full Story Complete the form...

Investments
Despite Regulation, ICOs Raise Nearly $12B Through May
July 02, 2018

Despite a regulation crackdown and other issues, investors have continued to fund cryptocurrency startups in 2018, with ICOs raising $11.8 billion this year through May. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Kimbal Musk Invests In Everytable’s Lower-Income Focus
July 02, 2018

A restaurant chain focused on affordable, healthy food has earned a $5.3 million investment from some big-name investors, including Kimbal Musk, brother of Tesla CEO Elon Musk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
Indian Traders, Merchants Protest Walmart/Flipkart Deal
July 02, 2018

Walmart is facing opposition to its $16 billion deal to acquire Flipkart, with shopkeepers and traders affiliated with the Confederation of All India Traders kicking off protests around the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Delivery
HelloFresh To Make Ready-Made Meal Kits
July 02, 2018

HelloFresh, the German meal kit delivery company, could start making and selling ready-made meal kits to reach consumers who don’t want to cook. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
$15B Chinese Fund To Invest In Tech Firms, Compete With SoftBank
July 02, 2018

China Merchants Group has partnered with London-based firm Centricus to launch a $15 billion technology investment fund to compete with the Vision Fund created by Japan’s SoftBank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Tapping And Securing Data To Accelerate Real Estate Lending
July 02, 2018

In a world of breached consumer data, companies are taking new approaches to authenticating a consumer’s identity online. In the latest Digital Identity Tracker, Quicken Loans EVP Bill Banfield explains how Quicken maps borrower data to the original sources to prove their true identity. That,...