News

Ridesharing
New York City Wants Uber Drivers’ Pickup And Dropoff Data
January 06, 2017

Uber is gearing up for a fight with New York City, which wants the ride-hailing app to share information with the city about where drivers pick up and drop off customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Mobile Payments
Samsung Pay Doubles Up Daily Usage
January 06, 2017

In a big CES reveal, Samsung Vice President and General Manager of Services and New Business at Samsung America Nana Murugesan told the crowd that since the introduction of Samsung Rewards, the South Korean electronics giant has seen its daily use almost double. Get the Full...

International
Swiss Agency Recognizes Uber Driver As An Employee
January 06, 2017

A Swiss insurance agency has ruled that drivers working for ride-hailing company Uber are classified as employees rather than independent contractors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
For Manufacturing, Factoring Is The Alternative Lender
January 06, 2017

Banks are stingy with cash when it comes to lending to SMBs. In Canada, one alternative lender, Bibby Financial Services, sees opportunity where banks may not — chiefly, explains Operations Head Calum Williamson, with manufacturing firms navigating their supply chains and seeking to improve cash...

eCommerce
The Big Buy Button Story: Winners, Losers And What’s Next
January 06, 2017

When Amazon first rolled out its 1-click buy button in 1995, it was more than a convenience, it was a sea change — a way to easily make a payment on this thing called the web. Get the Full Story Complete the form to unlock this...

Security & Fraud
MagicCube, Sequent And Splitting The Data Security Difference
January 06, 2017

Hackers — in case anyone was still left wondering — are not going anywhere anytime soon. The environment is simply too rich with targets. And given the tens of billions of IoT devices expected to be logging on — and possibly logging in to payments...

B2B Payments
Namely Nabs Top Dollar As Payroll Needs Evolve
January 06, 2017

In the biggest funding round of the week for B2B FinTech, HR and payroll company Namely secured $50 million in venture capital funding. That, said Namely, is a reflection of how demands for payroll technology are changing across the mid-market. Get the Full Story Complete...

B2B Payments
Are UK Efforts Against Late Supplier Payments All In Vain?
January 06, 2017

The issue of late supplier payments in the U.K. seemed to reach a fever pitch in 2016. Government officials introduced new incentives and requirements for speedier B2B payments, and top corporations made promises to pay their own small suppliers on time. And yet, the problem...

Seashells And The Shifting Tides Of Gift Cards
January 06, 2017

Originally a savings and rewards platform, Seashells now wants to ride the wave of digital gift card giving. The lure? Instant cash-back rewards, ones that benefit both consumers and retailers, according to CEO and Founder Harrison Hines.