News

Partnerships / Acquisitions
Uber To Buy Up To 24K Autonomous Vehicles From Volvo
November 21, 2017

Volvo, the vehicle manufacturer, announced Monday (Nov. 20) that it inked a deal with Uber, the ride-hailing app company, to sell it tens of thousands of self-driving compatible vehicles from 2019 through 2021. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Intuit CEO Says Accountants Must Get On Board With AI
November 21, 2017

Brad Smith, CEO of enterprise software firm Intuit, is warning accountants that they must embrace artificial intelligence (AI) in their professions or risk falling behind. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
PayPal Integrates With Acorns
November 21, 2017

PayPal announced Monday (Nov. 20) it has inked a deal with Acorns, the investing platform, in which customers can use PayPal to fund their investment accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

eCommerce
PayPal Livens Up P2P with eCards
November 21, 2017

This season, PayPal customers can think beyond the typical gift card: The company is co-creating six limited edition holiday digital greeting cards for PayPal’s person-to-person (P2P) gifting experience with PayPal Local Selects host Leandra Medine of “Man Repeller.” Get the Full Story Complete the form...

CFPB
Conduent, Formerly Xerox Business Services, Fined By The CFPB
November 21, 2017

The Consumer Finance Protection Bureau has announced a fine against Xerox Business Services, currently known as Conduent Business Services.  The $1.1 million fine was assessed for software efforts that led to incorrect and damaging consumer information being fed to the credit reporting agencies for over...

South East Asia
Tencent Now More Valuable Than Facebook
November 21, 2017

While Alibaba and its charismatic founder tend to eat up a lot of the Western press when it comes to Chinese eCommerce and its national explosion, Tencent has quietly been growing an ever-larger and more global footprint — and a bigger valuation to go along...

Banking
60 Percent Of US Banking Customers Open To Trying New FinTechs
November 21, 2017

Traditional banks should definitely be concerned about FinTechs after a new survey found that consumers are eager to see technology companies take on financial institutions with new banking solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Fighting The Friendly Fraud Fight
November 21, 2017

Card not present (CNP) fraud is on the rise. Fraudsters are adept and adapting to the paths of least resistance when it comes to scamming merchants, issuers and consumers. But there’s also a danger tied to “friendly fraud,” a $331 billion problem decimating revenues and...

Alternative Finances
Why The Cleveland Fed Pulled Their Online Lending Study
November 21, 2017

Last week, we told you a tale of two Fed studies, which were putatively about the same topic, but drew nearly opposite conclusions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...