News

Investments
Lloyds Buys MBNA From BoA for $2.35B
December 20, 2016

Lloyds has announced that it will purchase MBNA — a credit card firm currently owned by Bank of America — for $2.35 billion.  The move represents the bank’s first big acquisition since the 2008 financial crisis. Get the Full Story Complete the form to unlock this article...

Retail
Uber Fights Regulators About Self-Driving Cars
December 20, 2016

Uber is increasing its battle with regulators, taking the fight to self-driving cars. 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 newsletter, PYMNTS Today....

Omnicommerce
Keeping Omnichannel From Becoming An Enemy
December 20, 2016

There’s no doubt that being able to meet shoppers across any channel at any point in their shopping journey is important, but that doesn’t make going down the omnichannel path any easier. Get the Full Story Complete the form to unlock this article and enjoy...

Alternative Finances
How Blinker Wants To Disrupt Car Sales
December 20, 2016

The problem, according to Rod Buscher, CEO and founder of Blinker, is that most Americans need a car — meaning they often don’t feel they have a lot of power to dictate terms when it comes to getting a car. Get the Full Story Complete the...

B2B Payments
Mastercard Deepens B2B Payment Footprint In Australia
December 20, 2016

Mastercard is looking to take a larger share of the B2B payments space in Australia by pushing for companies to pay their suppliers with its products. To do so, the credit card firm announced Monday (Dec. 19) that it will be working with supply chain...

Payments Innovation
Payments 2016, The Year Of …
December 20, 2016

From open APIs to omnichannel, from EMV chip cards to faster payments, it’s hard to put a finger on exactly which happenings in the payments space had the biggest impact in 2016. There were many shifts and trends in the ecosystem this year, some that...

B2B Payments
Who’s Left In The Dark About Blockchain
December 20, 2016

The financial services industry was one of the first to begin tapping into the power of blockchain. But distributed ledger technology has potential to disrupt more than payments and finance. A new report from Deloitte examines which industries have their eye on blockchain and which...

B2B Payments
ArcaPay Eyes B2B Payments Speed With Rebrand
December 20, 2016

U.K. fintech company MB Transfers, which enables cross-border B2B payments, is going by a new name: ArcaPay. It’s part of the company’s effort to refocus on digitization, CEO Marius Bausys said in the company’s announcement earlier this month. The rebrand also comes with new efforts to help SMEs...

B2B Payments
Mitsubishi Funders Back Kyriba’s Treasury Tools
December 20, 2016

The venture capital arm of Mitsubishi has provided new funding for treasury management firm Kyriba, reports said Monday (Dec. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....