News

B2B Payments
MYOB’s Reckon Buyout Earns ACCC Review
January 16, 2018

The Australian Competition and Consumer Commission (ACCC) will probe small business (SMB) accounting company MYOB’s acquisition of Reckon, according to CRN reports Monday (Jan. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Amid Carillion Catastrophe, Suppliers Panic With Payments In Limbo
January 16, 2018

The global market woke up Monday (Jan. 15) to news that construction conglomerate Carillion, based in the U.K., went into liquidation, setting off alarms throughout the industry and Carillion’s own supply chain. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Sorodo Expands Platform Beyond Merchant Cash Advances
January 16, 2018

U.K. alternative lender Sorodo says small businesses (SMBs) in the nation remain unaware of the option to access a merchant cash advance, and that’s something the company plans to address this year, according to a press release the company issued Monday (Jan. 15). Get the...

Bitcoin
Bitcoin Drops To Four-Week Low On Crackdown Concerns
January 16, 2018

Bitcoin dropped 14 percent Tuesday, hitting its lowest point in a month and trading at below $12,000 a unit as concerns are popping up that a regulatory crackdown is imminent in several nations worldwide. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Holiday eCommerce Fraud Attempts Jumped In 2017
January 16, 2018

Attempts to commit online fraud jumped during the holiday season, increasing 22 percent from Thanksgiving to December compared to a year ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payment Methods
Blackhawk Network, QR Codes Power Alipay At US POS
January 16, 2018

Blackhawk Network, the financial technology company, and Alipay, the digital payment service operated by Ant Financial Services Group, have inked a partnership to expand the use of Alipay in the United States. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
Germany Talks Tough On Bitcoin Regulation
January 16, 2018

With regulators around the world calling for rules and laws governing trading in cryptocurrency, a director of Germany’s central banks said rules have to be on a global scale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Alternative Finances
Subprime Lending Power Player Victory Park Expands Overseas
January 16, 2018

Victory Park Capital — a Chicago-based investment firm — is a key player in the alternative financial services movement, providing debt capital for a string of familiar names in online lending. Avant, Elevate and LendUp, for example, are among the digital lenders that have worked...

Security & Fraud
OnePlus Users’ Credit Card Info Hacked
January 16, 2018

Hackers may have infiltrated the consumer website of OnePlus, the Chinese smartphone maker, stealing customers’ credit card information. 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...