News

Bitcoin Bewilderment Tubes WannaCry’s Hacker Haul
May 16, 2017

A major ransomware attack affected more than 200,000 computers in 150 countries across the globe over the weekend. Targeting computers running the Microsoft Windows operating system, the malware encrypted users’ files and demanded payment in bitcoin equivalent to about $300 within 72 hours to regain...

Banking
Goldman Says Brazilian FinTech Will Disrupt Traditional Banks
May 16, 2017

Brazil is seeing a boom in financial technology, which, according to a new Goldman Sachs report, will chip away at the market share of the banks in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Was North Korea Behind WannaCry Ransomware Attack?
May 16, 2017

The hackers behind the WannaCry ransomware attack that has created havoc around the globe is still a mystery, but one researcher thinks it’s Lazarus Group, the North Korean operation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Payment Methods
Visa, India Partner To Speed Toll Payments
May 16, 2017

Visa, the credit card company, announced on Monday (May 15) the launch of India’s first proof-of-concept (PoC) to showcase open loop contactless toll payments at National Highway Authority of India’s (NHAI) Manesar Toll Plaza. Get the Full Story Complete the form to unlock this article...

Retail
Why JPMorgan Likes Tractor Supply, Bed Bath & Beyond And Party City
May 16, 2017

Amazon may be dominating pretty much every area of retail, but that doesn’t mean there isn’t room for investors to make some money in other retail stocks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
The Data Challenge To Cards And Accounts Receivable
May 16, 2017

In accounts payable, manual data entry is a problem. Research from AP company Tipalti, released last year, found that, while the error rate of manual data entry is quite low — for the majority of companies surveyed that process at least 500 payments a month,...

Podcast
When Machines Do The IDV Work Of People
May 16, 2017

Industries are abuzz with the fast-growing potential of machine learning — a form of artificial intelligence that allows programs to change, adapt and, obviously, learn from new data without requiring additional programming effort and human intervention. Get the Full Story Complete the form to unlock...

B2B Payments
Alibaba Backs B2B FinTech In First Hong Kong Investment
May 16, 2017

Alibaba has made its first FinTech investment in a Hong Kong-based startup, and the target is a B2B player. 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...

B2B Payments
Banco BNI To Funnel SME Financing Via MarketInvoice
May 16, 2017

Banco BNI Europa will provide $58 million in financing a year to small- and medium-sized enterprises on the MarketInvoice platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....