News

B2B Payments
Paytm Mall Considers Stepping Into B2B eCommerce Competition
April 19, 2018

Paytm Mall, a unit of Paytm that provides eCommerce services to retailers in India, is considering an entrance into the B2B eCommerce market, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Tink Launches API Platform To Open Up Nordic Bank Data
April 19, 2018

FinTech startup Tink announced the launch of its API platform this week, a solution to open up data from banks across the Nordic region for third-party developers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Banks’ Legacy Systems Are Roadblocking Blockchain Adoption
April 19, 2018

Recent analysis from Citi points to a massive gap in traditional financial institutions’ (FIs) digital migrations: According to the bank, while FinTech investments hit $19 billion in 2015 (with about 70 percent of that focused on consumer and small business banking), only 1 percent of...

CFPB
Senate Votes To Kill Controversial CFPB Auto Lending Rule
April 19, 2018

Senators voted on Wednesday (April 18) to remove a 2013 piece of consumer protection legislation that was designed to stop discrimination in the auto lending market. By a vote of 51 to 47, Senators have officially unmade the CFPB guidance of a latter year, on the...

Delivery
Uber Eats Now Fastest-Growing Food Delivery App
April 19, 2018

Watch out, Grubhub: Uber Eats is currently the fastest-growing meal delivery service in the U.S. 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,...

Bitcoin
Bitcoin Daily: Crypto Funds Way Down, ‘Over And Out’ For Founder In Latest ICO Exit...
April 19, 2018

A crypto startup that seeks to create a “stable coin” has notched a whopping $133 million funding from some big names, TechCrunch reported. Basis, which is seeking to create a coin whose value will stay at around $1, raised the funds from the likes of...

Security & Fraud
Data Firm Exposes 48M Social Media User Profiles
April 19, 2018

LocalBlox, a small data firm, created personal profiles of 48 million people using data from the likes of Facebook, LinkedIn, Twitter, Zillow and others without getting the consent of the users. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payment Methods
Royal Bank Of Canada Gets Personal Payment Card Support From Samsung Pay
April 19, 2018

Samsung Pay continues its expansion into Canada, with Royal Bank of Canada (RBC) personal payment cards now supported by the mobile payment system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Merchant Innovation
Facebook Hiring Chip Designers For AI Semiconductor Push
April 19, 2018

Facebook is gearing up to make its own artificial intelligence chips, with the company looking to hire chip designers. 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...