Hotels have apparently had enough of Airbnb taking their business and are ready to strike back to protect their turf — including pushing a federal investigation into whether home-sharing apps like Airbnb are running up housing prices and the New York bill that limits how...
The bidding war — as has been widely predicted — may well be on for MoneyGram. According to reports out this morning, Ant Financial has raised its bid on MoneyGram International by over a third to $18 per share in cash, valuing MoneyGram at around $1.2...
NACHA, the Electronics Payments Association, announced late last week that ACH overall transaction volume in 2016 reached 25.6 billion. 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...
Argus Cyber Security, the Israeli cybersecurity company, said late last week that it was able to hack into a vehicle’s internal communication system using a device installed in cars by insurance companies to track driving patterns, or for car owners who want in-vehicle Wi-Fi. Get the...
Multiple sources in the financial industry have found a pattern of fraud on customer cards, with the latest victim of a breach looking to be Shoney’s, a 70-year-old restaurant chain that operates primarily in the southern United States. Get the Full Story Complete the form to...
Some markets, especially the U.K. and Australia, have made it a point to combat late supplier payments. But in other markets, the issue continues to worsen. According to the latest data from Atradius, supplier payment delays are growing longer across Western Europe thanks to a...
Fifth Third Bank is focusing its SME lending reach through a new partnership with nonprofit lender Accion. 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 to our...
In the latest PYMNTS Faster Payments Tracker, powered by NACHA, we learned that adoption and use of Same Day ACH is on the rise, with no banks reporting an increase in fraud as a result of implementing Same Day ACH capabilities, with stakeholders in the...
B2B eCommerce solutions provider TIE Kinetix is strengthening its position in the world of business-to-government procurement. 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 to our daily...
