News

Security & Fraud
NY Fed Ponders Legal Action Over $81M Bangladeshi Heist
December 08, 2017

In what may be a legal salvo over a monumental bank heist perpetrated by cyber thieves, the central bank of Bangladesh has asked the New York branch of the Federal Reserve to join forces in a lawsuit levied against another bank, this one based in...

Security & Fraud
NiceHash Hack Exceeds $64M In Bitcoin
December 08, 2017

A cryptocurrency mining market in Slovenia, which lost millions in bitcoin in a Wednesday (Dec. 6) cyberattack, is now claiming the hack likely came from an IP address outside the European Union. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Reimagining Women’s Workwear
December 08, 2017

There is something singularly uninspiring about women’s work attire. Lots of beige, boxy cuts, unvarying designs — not a whole lot to get excited about. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
OfferUp Is Pushing Trust, But Will Users Buy In Light Of Incidents?
December 08, 2017

OfferUp: the mobile app that connects local buyers and sellers, helping regular people get rid of their extra belongings. It’s also the mobile app that, unfortunately, can lead would-be buyers straight into criminals’ traps, where these tricksters demand money for products they are not actually...

Retail
Walmart Offers Same-Day Pick Up For The Holidays
December 08, 2017

In its largest retail push of the season, Walmart is qualifying more items than ever before for its buy online, pick up in-store offerings, according to Thursday (Dec. 7) news from CNBC. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
VCs Back Bitcoin For B2B Payments, AI For Enterprise Analytics
December 08, 2017

In total, B2B venture capitalists placed (or announced plans to place) $85 million in funding to businesses, with startups in the U.S., Asia and the Middle East taking the lead this week. It was a mixed bag of funding, with a few startups working in...

B2B Payments
Payment Rails Latest To Roll Out API-Enabled Global Business Payments Platform
December 08, 2017

Payment Rails is making its official step into the cross-border payments market through the launch of its application program interface (API) and payment platform, the company said Thursday (Dec. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
GDPR Non-Compliance Fines Could Jeopardize UK SMBs
December 08, 2017

New research suggests the upcoming General Data Protection Regulation (GDPR) could threaten small businesses in the U.K. if they find themselves out of compliance with the data protection rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
FI.SPAN, Beanworks Target Mid-Market With B2B Payments Hub
December 08, 2017

Financial services application program interface (API) platform FI.SPAN is collaborating with B2B payments company Beanworks to create a corporate payments hub, the companies announced Thursday (Dec. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...