News

B2B Payments
WEX, GasBuddy Partner Up To Help Consumers Find Lower Gas Prices
June 15, 2017

WEX, a provider of corporate payment solutions, and GasBuddy, the smartphone app for locating cheap gas prices, announced Wednesday (June 14) the companies have forged a strategic partnership focused on the retail gasoline market for consumers. Get the Full Story Complete the form to unlock...

Blockchain / Distributed Ledger
Circle Launches Fee-Free Blockchain-Based International Money Transfer
June 15, 2017

Goldman Sachs and Baidu-backed blockchain startup Circle have launched an international online money transfer service.  The new offering will allow American and European consumers to send funds back and forth instantly and for free. The Boston-based firm says the service wants to tear down national borders...

Digital Banking
Potcoin Crashes One Day After 97 Percent Surge
June 15, 2017

PotCoin, a digital cryptocurrency similar to bitcoin but for the legal marijuana industry, plummeted a day after it sponsored Dennis Rodman’s trip to North Korea. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CFPB
Data Should be Held Back from Consumers, Says Treasury Report
June 15, 2017

As the Consumer Finance Protection Bureau (CFPB) remains in the crosshairs of the Trump administration and members of Congress, data privacy has been top of mind — namely, who should have access to that data. Get the Full Story Complete the form to unlock this article and...

Payment Methods
Sourcepoint Launches AltPay For Publishers To Charge For Content
June 15, 2017

Sourcepoint, the content compensation solution provider for publishers, officially launched AltPay on Wednesday (June 14); it’s the first solution that allows publishers to offer consumers a simple option to support content through direct payments. Get the Full Story Complete the form to unlock this article...

B2B Payments
North Of The Border, Securing The Supply Chain
June 15, 2017

SMEs need access to capital, especially when it comes to securing goods and services needed for their own expansion. As eInvoice payment firm Aztec Exchange’s CEO Edwin Hagan-Emmin explains, a new pact with EDI brings choice beyond traditional factoring to Canadian SMEs.

Banking
Did Wells Fargo Also Improperly Adjust Mortgages?
June 15, 2017

As Wells Fargo is trying to turn the corner on a scandal in its consumer banking segment that came to light a little under a year ago, it seems a new set of troubles are coming down the pipeline — this time in relation to...

Security & Fraud
Execs Learning To Trust Artificial Intelligence Security Systems
June 15, 2017

Radware, a leading provider of cybersecurity and application delivery solutions, released the results of its 2017 Executive Application & Network Security Survey, which shows that executives in the U.S. and Europe are relying more on artificial intelligence (AI) and machine learning systems designed to protect...

Retail
Retail Sales Declines Could Halt Further Interest Rate Hikes
June 15, 2017

The Federal Reserve’s ability to continue to raise interest rates in 2017 may be halted given consumer prices fell unexpectedly last month amid the biggest drop in retail sales in more than a year. Get the Full Story Complete the form to unlock this article...