News

B2B Payments
Webjet Launches Blockchain-As-A-Service For B2B Hotel Reconciliation
February 19, 2018

Travel booking company Webjet, based in Australia, has launched a blockchain solution for the hotel industry to manage reconciliation in hotel distribution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Wirecard, Banca Afirme Help Corporates Shift From Checks To Cards
February 19, 2018

Mexico bank Banca Afirme is rolling out a new commercial card solution with the help of Germany-based Wirecard. 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...

B2B Payments
Economic Recovery Not A Silver Bullet For SMB Growth, C2FO Finds
February 19, 2018

The latest report by alternative lender C2FO finds that economic recovery doesn’t necessarily negate every problem for small business (SMB) owners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Europe
Latvian Member Of ECB Snared In Corruption Probe
February 19, 2018

Latvia’s top banking official and key European Central Bank member Ilmārs Rimšēvičs is currently facing accusations of bribery and money laundering.  Latvian Prime Minister Māris Kučinskis confirmed that Rimšēvičs has been detained, but has offered no official details on the case. Get the Full Story Complete...

Bitcoin
Worldpay, Visa Reverse Duplicate Coinbase Transactions
February 19, 2018

Worldpay and Visa disclosed late last week that they are reversing duplicate transactions that resulted in unauthorized withdrawals. 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...

Bitcoin
Crypto Investors Fear In-Person Robberies
February 19, 2018

While there has been plenty to fear when it comes to hackers stealing virtual currencies from online investor accounts, reports of thieves carrying out real-life robberies has the biggest crypto enthusiasts on high alert. Get the Full Story Complete the form to unlock this article...

Retail
J.Crew Hires Starbucks’ Former Digital Leader
February 19, 2018

Starbucks has announced that its digital leader, Adam Brotman, is leaving the company to become the chief experience officer at J.Crew. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Cyberattacks Cost US Economy As Much As $109B In 2016
February 19, 2018

Cyberattacks cost the U.S. economy upwards of $109 billion in 2016, with activity coming from inside the country as well as outside. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Delivery
Careem Buys RoundMenu To Launch Food Delivery Service
February 19, 2018

Careem, the ride-hailing company based in the Middle East and an Uber rival, announced Sunday (Feb. 18) that it acquired RoundMenu, the restaurant listing and reservation platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...