News

Investments
AI FinTech Kasisto Grabs $9.2M In Funding
January 12, 2017

FinTech startup Kasisto, which focuses on artificial intelligence (AI) used in smartbots, announced a $9.2 million Series A funding round Thursday (Jan. 12) that was led by Propel Venture Partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Transmit Security’s New Platform Eliminates Need For Passwords
January 12, 2017

Transmit Security, the programmable authentication company, announced a $40 million self-funded round of financing. In conjunction with the fundraising, the company also announced a new platform aimed at disrupting the $10 billion authentication software market. Get the Full Story Complete the form to unlock this...

Banking
Rakuten Takes Europe To The Bank
January 12, 2017

In a move within FinTech that spans continents, Rakuten, the eCommerce and investment firm, said Wednesday (Jan. 11) that it is debuting a European commercial banking unit via Luxembourg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Peering Into B2B Payments’ (Near-Term) Future
January 12, 2017

The new year is only two weeks old, but already, we’re gearing up for change — and that includes within B2B payments. PYMNTS spoke with BillingTree’s David Yohe, VP of marketing, to get a sense of what matters this year and beyond. One takeaway: ACH may...

Payment Methods
PayPal, Discover Ink POS Deal — Cashback As Tender Type
January 12, 2017

Discover Financial Services and PayPal inked a deal in which PayPal will be more available to Discover card members, acquirers and merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
More Than 50 Percent Of ATMs Now Branch-Independent
January 12, 2017

A recent report by RBR has found that, in the offsite ATM arena, marked by burgeoning growth, slightly more than half of all ATMs were located away from bank branches as late as 2015, according to the firm’s Global ATM Market and Forecasts to 2021...

Security & Fraud
Accelerator Backed By UK Spy Agency Selects First Startups
January 12, 2017

The U.K. Government Communications Headquarters (GCHQ), the intelligence and security organization that provides signals intelligence and information assurance to the British government and armed forces, announced the first cohort of its own startup incubator. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Company Refused To Pay Hackers’ Ransom; Here’s What Happened
January 12, 2017

While ransomware continues to be a go-to tactic for hackers for extorting and manipulating victims out of money, not everyone impacted is willing to just pay up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
Fifth Third Now Accepts All Mobile Payments
January 12, 2017

Fifth Third Bancorp announced Wednesday (Jan. 11) it is one of a few banks based in the U.S. to offer customers the ability to use all five of the major mobile payment methods to make purchases. Get the Full Story Complete the form to unlock...