News

Partnerships / Acquisitions
Verizon Not Sure If Deal With Yahoo Will Go Ahead
January 06, 2017

In the wake of data breaches at Yahoo that may impact 1.5 million customers, Verizon Communications is conveying mixed messages as to whether or not it will move ahead with its proposed $4.8 billion acquisition, with one executive saying it’s up in the air and another...

Investments
Funding Circle Gets British Business Bank Investment To Lend To Small Businesses
January 06, 2017

Funding Circle, the U.K.-based startup company that operates an online lending platform, has received an investment of £40 million from British Business Bank, the state-owned bank, but the money comes with strings.  According to a report, Funding Circle has to use the funds to lend to...

Payment Methods
Ban Be Gone: Walmart, Visa Reach Deal On Canadian Credit Cards
January 06, 2017

Walmart ended a fight with Visa, paving the way for customers in Canada to pay with Visa credit cards again. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

CFPB
Older Borrowers Struggle With Student Loans
January 06, 2017

The Consumer Financial Protection Bureau (CFPB) released a report Thursday (Jan. 5) that shows the impact of student loan debt on long-term financial security, with the government watchdog reporting it does in fact create a lot of financial strife down the road. Get the Full...

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...