News

Mobile Commerce
Daimler Invests In Phone-Based Financing App AutoGravity
February 14, 2017

While most manufacuturers seem to be investing in smart car technology these days, Daimler is throwing some of its economic muscle in a slightly different direction — making sure consumers have access to financing adequate to buy vehicles from them. Get the Full Story Complete...

International
Violent Crime In Brazil Pushes Uber To Rethink Cash Strategy
February 14, 2017

Modolo Filho was the first Uber driver to be murdered in Brazil — by two “teenagers” who had called for a ride to be paid in cash who went on to rob and stab him to death. Since his murder, police have confirmed at least six...

Alternative Finances
ABA Endorses Akouba As Online Lending Partner For Small Banks
February 14, 2017

Akouba, the Chicago startup, has been endorsed by the American Bankers Association (ABA) as a technology provider to help its members offer online lending to small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
Grab Continues Expansion Into Indonesia With Kudo Acquisition
February 14, 2017

Grab, Uber’s Southeast Asia rival, is in the process of buying Indonesia-based online payments startup Kudo, making it Grab’s first major acquisition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
SaaS Gets Cozy To Financial Data Analytics
February 14, 2017

The business model of SaaSOptics could, in part, be described as a B2B SaaS firm for B2B SaaS firms. The company, which raised $1.8 million in funding last year, helps SaaS companies manage operations by providing financial management, auditing and reporting, analytics and other back-office services....

B2B Payments
Mastercard Partnership Automates AP For UAE Firms
February 14, 2017

Mastercard struck a deal to help automate the accounts payable process for businesses in the United Arab Emirates, reports said Sunday (Feb. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
UK Seeks Late Payment Enforcer, But Government Agency Delays SME Payments
February 14, 2017

The U.K. has begun the process of finding a commissioner to focus on late supplier payments as small businesses continue to struggle with cash flow, but reports of the initiative were released alongside separate reports that found one government entity struggling to pay its own...

Retail
Worldpay Study Reveals 95% Increase in Post-Valentine’s Day Returns
February 13, 2017

Finding just the right gift can be a difficult feat at any time on any occasion, and Valentine’s Day is no exception. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Ridesharing
Uber, Lyft Caution Riders To Pay Attention When Getting Into Cars
February 13, 2017

Services like Uber and Lyft have made catching a ride home from the local bar or to the airport easier than ever. But a growing number of drivers are reporting instances of random people hopping into their vehicle thinking it’s the ride they just ordered,...