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B2B Payments
Deutsche Trims Corporate Banking Business
March 29, 2018

Deutsche Bank is trimming its corporate services through a sale of its corporate banking business in Portugal, reports said Wednesday (March 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Acudeen Plans ICO To Migrate Factoring Tool To Blockchain
March 29, 2018

Singapore-based Acudeen prepares for an initial coin offering (ICO) as it plans to migrate its existing trade finance solution to a blockchain platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
The Dangers Of Leaping Before Looking In Digital Transformations
March 29, 2018

Enterprises must embrace technology to remain competitive and efficient, yet research suggests they’re struggling. 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...

B2B Payments
Branch International Secures $70M For Microlending To Underbanked
March 29, 2018

California-based Branch International, a startup providing mobile-first financial services, announced $70 million in funding. 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...

International
South Korean Investigators Looking At North Korea’s Role In Youbit Demise
March 29, 2018

Law enforcement in South Korea is looking into Youbit, the South Korean bitcoin exchange that was the subject of a heist that brought the exchange down, and are investigating the prospect that North Korea may have been involved. Get the Full Story Complete the form...

Investments
Credit Karma Now Valued At $4B Thanks To $500M Funding Boost
March 29, 2018

As Credit Karma seeks to move beyond credit reports and become a financial assistant, the company said on Wednesday (March 28) that Silver Lake bought equity in the company. The fund invested $500 million in Credit Karma, which has been around for more than a...

Banking
Consumers Paid $34.3B In Overdraft Fees In 2017
March 29, 2018

Overdraft fees have reached their highest level since 2009, which was at the end of the Great Recession. Consumers paid $34.3 billion in overdraft fees during 2017 compared to $33.3 billion in 2016,  The New York Post reported. Get the Full Story Complete the form...

International
Airbnb Will Soon Share Host Information With The Chinese Government
March 29, 2018

In an effort to comply with local laws and regulations in China, Airbnb has announced that it will start sharing information with the Chinese government in a few days. As of March 30, the home sharing company may give Chinese authorities information “without further notice,”...

Security & Fraud
Baltimore And Atlanta Get Hacked
March 29, 2018

Marking the second cyberattack on a large U.S. municipality in one week, hackers managed to break into Baltimore’s dispatch system that supports emergency calls. Baltimore CIO Frank Johnson called the hack a “limited breach,” Reuters reported. Get the Full Story Complete the form to unlock...