News

B2B Payments
PayPal Collaborates To Support Indian SMBs’ Global Ambitions
April 06, 2018

PayPal is collaborating with the Federation of Indian Export Organizations (FIEO) to help small businesses (SMBs) in India expand across borders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
DBS Bank Targets Singapore’s Corporate Check Problem
April 06, 2018

In its latest initiative to promote the digitization of B2B payments, Singapore’s DBS Bank said it’s working to support its corporate customers’ shift away from the paper check. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
South Korea Detains Head Of Coinnest, Other Crypt Exchange For Embezzlement
April 06, 2018

The head of two cryptocurrency exchanges in South Korea were detained by law enforcement for allegations they embezzled the assets of customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

CFPB
Mulvaney Uses CFPB Structure As Excuse To Not Answer Congress’ Questions
April 06, 2018

Consumer Financial Protection Bureau acting director Mick Mulvaney is using the agency’s structure as an excuse to refuse to answer questions about his leadership. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
India Police Tap Central Bank Officials To Help With PNB Inquiry
April 06, 2018

Investigators in India are questioning four senior central bank officials as part of its investigation into the $2 billion fraud case at Punjab National Bank (PNB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Instacart Now Reportedly Has A $4.35 Billion Valuation
April 06, 2018

About a month after Instacart raised $200 million in February, the grocery delivery platform has reportedly notched another $150 million in funding. As a result, Instacart’s Series E round has now reached $350 million – and the company now has a $4.35 billion valuation, TechCrunch...

Artificial Intelligence
AI Gets Personal To Reduce False Declines
April 06, 2018

What could possibly be worse for banks and retailers than fraud? According to Dr. Akli Adjaoute, CEO, Brighterion, it’s declines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Bitcoin
Meet Ben, An AI-Powered Bitcoin Friend
April 06, 2018

Much has been written about buying bitcoin in specific, and cryptocurrency in general. Whether it’s investing or gambling, whether it’s a good idea or immoral – no ink has been spared in uncovering every angle on cryptocurrency and what its purchase and sale will mean...

Payments Innovation
Stripe Rolls Out Billing Amid Subscription Business Boom
April 05, 2018

To simplify the recurring billing process for Software as a Service (SaaS) and subscription-based companies, Stripe has rolled out Billing. The service combines advanced machine learning with automatic card updates to help businesses increase recurring revenue at a time of growth for subscription-based models, Stripe said...