News

B2B Payments
Blockchain Firm Money By Design Goes After $350 Million ICO
January 10, 2018

Enterprise blockchain company Money By Design is planning an initial coin offering (ICO) and hopes to secure more than $350 million through the deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
The Blockchain Wave Isn’t Always Smooth Sailing
January 10, 2018

Just like the volatility of bitcoin, the world of blockchain is no stable place. Hype over distributed ledger technology (DLT) has certainly led to a bump in shares for companies operating in the space — and even for some companies with seemingly no connection to the...

B2B Payments
Oversight Launches T&E Fraud Identification Tool
January 10, 2018

Oversight Systems has updated its Insights On Demand software-as-a-service (SaaS) solutions to provide managers with quicker ways to identify expense report fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Wag Labs In Doghouse Over Data Breach
January 10, 2018

Wag Labs is in the doghouse with its customers after accidentally exposing web pages that revealed such information as client addresses and lockbox codes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Payments Innovation
Uber Settles NY Driver Fees Lawsuit For $3M
January 10, 2018

Ride-hailing app company Uber reached a settlement with more than 2,000 New York drivers, agreeing to pay $3 million. 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...

Payment Methods
Mastercard, HERE Technologies Team To Make Cities (And Commerce) Smarter
January 10, 2018

Payments company Mastercard and location platform provider HERE Technologies announced Tuesday (Jan. 9) would partner to create a payment experience for people on-the-move. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Bitcoin
China Moves To Squeeze Out Bitcoin Mining
January 10, 2018

China has opened a new front in its attempt to crackdown on bitcoin within its national borders with a move to eliminate the nation’s massive bitcoin mining industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Partnerships / Acquisitions
Ford Jumps Into Autonomous Deliveries With Postmates
January 10, 2018

In an effort to reposition itself as a mobility company, Ford is launching a new partnership with Postmates to test its self-driving technology for deliveries, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Chinese Pyramid Scheme Lands Fraudsters In The Pokey – For Life
January 10, 2018

A Chinese court has sentenced two people to life in prison for fraud, with 19 others getting up to 12 years in prison for their part in a pyramid scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...