News

B2B Payments
WEX Expands Freight Payments Presence In Brazil
April 27, 2018

Corporate payments company WEX is expanding in Brazil through a partnership with Raízen, a press release from the company issued this week said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
TSB ‘On Its Knees,’ Hires IBM To Address Meltdown
April 27, 2018

TSB continues to face the fallout from a meltdown of online banking services to small businesses (SMBs) and consumers after a botched IT system upgrade. The U.K. challenger bank has now called in IBM to help fix the problem. Get the Full Story Complete the...

B2B Payments
India’s Alternative Finance Sector Shines Bright With Investors
April 27, 2018

Asia’s FinTech investment is hitting new high notes. According to reports published this month in e27, CB Insights found more than $2 billion invested in Asian FinTechs during the first quarter of 2018 alone. Get the Full Story Complete the form to unlock this article...

B2B Payments
A Virtual Solution To Corporates’ Prepaid Card Woes
April 27, 2018

The desire for greater visibility and ease in employee spend drove the use of prepaid cards in the corporate world. Recent innovations in corporate FinTech have enabled these card solutions to come integrated with expense analysis and management tools, mobile capabilities, online dashboards and sophisticated...

Partnerships / Acquisitions
Waze Partners With Waycare For Two-Way Data Sharing
April 27, 2018

Navigation app Waze and Waycare,  an artificial intelligence-based traffic management startup, have announced a partnership that will allow them to share road and traffic data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
India Investigating $90M Loan Fraud At IDBI Bank
April 27, 2018

India might be dealing with more illegal activity at a bank. This time, it’s an alleged 6 billion rupee ($90 million) case of loan fraud at IDBI Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
EVO Files To Go Public
April 27, 2018

EVO Payments International announced that it has filed paperwork for an initial public offering (IPO). 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,...

Partnerships / Acquisitions
Square Invests In Website Building With Weebly Acquisition
April 27, 2018

Square has announced it has entered into a definitive agreement to acquire Weebly, a San Francisco–based technology company that provides tools to easily build a professional website or online store. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payments Innovation
Five On Five: A New Way To Fight Online Counterfeiters
April 26, 2018

Welcome to Five on Five, your late look at some of the freshest payments news of the day. Today’s stories cover subjects ranging from online marketplaces to a new examination of Wells Fargo’s financial practices. There is also news about two new payments deals involving...