News

Partnerships / Acquisitions
Auto Leasing Startup, Fair, Raises $50M And Buys LA Leasing Biz
February 06, 2018

After recently acquiring Uber’s leasing portfolio, Xchange Leasing, Fair raised another round of funding and bought Skurt, a service that allows customers to rent a car and have it delivered to them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Partnerships / Acquisitions
Kroger Sells Convenience Stores For $2.15B
February 06, 2018

Kroger, the supermarket operator, announced a deal to sell its convenience store business to EG Group, the U.K.-based convenience store retailer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
China Slams Door On Crypto Trading Sites  
February 06, 2018

China dealt bitcoin and cryptocurrency trading a major blow on Monday (Feb. 5) after it blocked all websites that enable cryptocurrency trading and initial coin offerings (ICOs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CFPB
Consumer Advocates Cry Foul On CFPB’s Equifax Stance
February 06, 2018

President Donald Trump and his administration are facing complaints from consumer protection advocates, who are advocating for a reopening of the investigation into the Equifax data breach. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Apple, Cisco Team Up On B2B Cybersecurity Fix
February 06, 2018

Apple, Cisco, Aon and Allianz announced news on Monday (Feb. 5) that they have joined forces to create a new cyber risk management service geared toward businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Banks Shutter Branches At Their Fastest Rate In Decades
February 06, 2018

It has been a banner run for closing bank branches, according to reports in The Wall Street Journal, as the mass exodus of consumers to various digital channels has pushed the closure of 1,700 branches in the 12 months ending in June 2017. That is the largest...

Security & Fraud
In Battling Identity Fraud, Finding The (Synthetic ID) Devil Behind The Details
February 06, 2018

Millions of people are victim of identity theft each year. Post Equifax breach, the numbers will swell. The fraudsters are ever resourceful, picking and choosing data to fashion synthetic IDs. GIACT EVP of Product David Barnhardt tells PYMNTS' Karen Webster that for firms seeking to...

Faster Payments
NEW STUDY: What Corporate Treasurers Want From Faster Payments
February 06, 2018

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 Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Digital Banking
Unlocking The Future For FI’s $2B And Under Club
February 06, 2018

Though estimates can vary depending on source, there are a total of approximately 14,000 banks in the United States – and 92 percent of them have less than two billion dollars of assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...