News

Payments Innovation
NACHA, Accenture Complete Exploration On Financial Services API Standardization
February 22, 2017

On Tuesday (Feb. 21), NACHA completed its exploratory effort to identify the value of API standardization for the U.S. financial services industry. The comprehensive research project, which was done in collaboration with Accenture, included analyzing the U.S. financial services market, examining potential roles and responsibilities...

Fintech Investments
Brazilian FinTech Creditas Raises $19M In VC
February 22, 2017

Creditas Soluções Financeiras, a Brazilian FinTech firm focused on low-interest secured consumer loans, has obtained $19 million in funding that will allow it to provide borrowers with funds for one-fourth of what they pay to domestic lenders. Get the Full Story Complete the form to...

B2B Payments
For Vendor Validation, Tipalti Expands Scale And Scope
February 22, 2017

Tipalti has expanded its reach, by a couple of dozen countries, and now has presence in 50 nations, up from three. CEO Chen Amit explains why tax validation and compliance can be key to keeping supply chains running smoothly across vendors.

Payment Methods
Macquarie, ING Australia Start Offering Apple Pay
February 22, 2017

Two Australian banks, Macquarie and ING Australia, announced Tuesday (Feb. 21) that they are offering their customers Apple Pay. 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...

Security & Fraud
New Malware Strain Records PCs’ Audio
February 22, 2017

Researchers have discovered a new form of malware that records audio of computers that are infected by turning on the PC’s microphone. 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...

Partnerships / Acquisitions
Synchrony Financial’s CareCredit Buys Citibank’s Citi Health Card Portfolio
February 22, 2017

Synchrony Financial’s CareCredit, a provider of promotional financing for health care, announced Tuesday (Feb. 21) it inked a deal with Citibank to acquire the Citi Health Card portfolio. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Delivery
DHL Express Launches On Demand Delivery For Sub Saharan Region
February 22, 2017

DHL Express, the international express services provider, announced Tuesday (Feb. 21) the launch of On Demand Delivery for the Sub Saharan Africa (SSA) region. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Verizon Gets $350M Off Deal Price For Yahoo Thanks To Hacks
February 22, 2017

Verizon Communications and Yahoo announced Tuesday (Feb. 21) revised deal terms in which Verizon will pay $350 million less for Yahoo and the two will share in any future liabilities from its two massive data hacks. The deal is now valued at $4.83 billion, lower...

B2B Payments
EBA To Keep Strict PSD2 Authentication Rules For B2B Payments
February 22, 2017

As the European Banking Authority (EBA) prepares for the Revised Payments Systems Directive (PSD2) to come into effect next year, it has reportedly changed its tune on one aspect of the rules that led to widespread criticism among online merchants. Get the Full Story Complete...