News

CFPB
Mulvaney Urges Banking Industry To Help Curb CFPB Power
April 25, 2018

Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau, urged executives in the banking industry to put pressure on lawmakers if they want to see their agendas realized, even saying as a lawmaker he would meet only with lobbyists that had contributed to...

Partnerships / Acquisitions
Billtrust Expands Online Credit Capabilities With Credit2B Acquisition
April 25, 2018

Billtrust announced it has acquired Credit2B, expanding its Quantum solution suite with the addition of business credit reports, online credit applications, machine learning credit scores and credit analytics capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Delivery
Instacart Changes Its Default Suggested Tip For Drivers To 5 Percent
April 25, 2018

Instacart, the startup that will do your shopping for you and deliver it to your doorstep, announced news on Tuesday (April 24) that it has made tipping easier and simplified its service fee. Get the Full Story Complete the form to unlock this article and...

Banking
HSBC: Giving Self-Service Banking A Kickstart
April 25, 2018

There is a world of amazing things that ATMs could do in the world of financial services around the globe - but that they largely don’t do. It’s not that the tech is lacking - or even that the interest isn’t there - but the...

Merchant Innovation
How Knotel Is Building The Airbnb Of Commercial Real Estate
April 25, 2018

Knotel co-founder and CEO Amol Sarva has had a full life in tech. Apart from his current venture, Sarva is also the co-founder of Halo Neuroscience, Peek and Virgin Mobile USA – and those are just his better-known ventures. He founded his first firm when he was still a...

Digital Banking
NEW DATA: Why 80 Percent Of FIs Struggle To Innovate Like Top Performers
April 25, 2018

When it comes to innovation, credit unions may just be the most innovative of all, while banks big and small fail to keep up with their pace – but they’ve still got a long way to go. Get the Full Story Complete the form to...

Wearables
Lenovo Wants 20 Percent Smart Wearable Market Share In India
April 24, 2018

Lenovo Group is setting its sights on India as it tries to boost its market share in the wearables industry in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Merchant Innovation
Equifax Rolls Out New Service That Predicts If A Business Will Incur Delinquencies
April 24, 2018

Equifax, the credit scoring company at the center of a data breach that exposed the personal information of 145.5 million consumers, announced news on Tuesday (April 24) of the launch of a blended version of its Commercial Insight Delinquency Score, which predicts the likelihood that...

Security & Fraud
SEC Fines Altaba $35M For Yahoo Data Breach
April 24, 2018

The Securities and Exchange Commission (SEC) announced news on Tuesday (April 24) that Altaba, the entity formerly known as Yahoo, has agreed to pay a $35 million penalty to settle charges related to the massive data breach at Yahoo that exposed the personal data of hundreds...