News

Partnerships / Acquisitions
Klarna, Swedish FinTech Startup, Buys Bankrupt German Startup Cookies
November 23, 2016

Klarna, the Swedish payment service provider, is taking over Cookies, the Berlin FinTech startup that ran out of money. 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...

Banking
Payment Cloud Technologies Launches New Banking Platform
November 23, 2016

Payment Cloud Technologies announced Tuesday (Nov. 22) the launch of a new digital banking platform dubbed bank.VISION. 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...

Payment Methods
Visa Adjusts Policies On Debit Routing
November 23, 2016

Visa said Tuesday (Nov. 22) that it is working to modify its debit routing policies, saying that it has “modified and clarified” its rules to boost EMV chip card adoption in the United States. Those modifications, the card giant said, come on the heels of...

Banking
Small Banks Pumped For Trump, Big Banks Coming Around
November 23, 2016

The Trump effect on big banks — particularly their stock prices — has gotten an awful lot of play in the last week or two.  But more quietly, America’s small banks and small bankers have been gearing up to get excited for the forthcoming changing of the...

eCommerce
Visa Says EU Proposal On Electronic Payments Could Hurt Online Shopping
November 23, 2016

An EU plan to require passwords or codes to authenticate electronic payments is raising the ire of Visa, which said Tuesday (Nov. 22) the rules could hurt online shopping and may not boost security. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Trade Groups Want To Standardize Cybersecurity Data Sharing
November 23, 2016

A new plan, titled “Sheltered Harbor,” was unveiled by the primary trade groups that represent the financial services sector to help standardize data storage for retail accounts and strengthen cybersecurity defenses. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Partnerships / Acquisitions
Hyperwallet Inks Deal With USA Media Rights
November 23, 2016

Hyperwallet, the global payouts provider to millions of independent workers, announced Tuesday (Nov. 22) it inked a partnership with USA Media Rights, a music and media rights company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Mobile Payments
Mobile Pay Options In Sub-Saharan Africa Broaden Via MFS Africa
November 23, 2016

MFS Africa announced Tuesday (Nov. 22) its MFS Hub is now connected to 120 million mobile wallets in sub-Saharan Africa. 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
Reality Of Realty Procure-To-Pay
November 23, 2016

Real estate companies need to ditch the paper across far-flung operations. Brian Zrimsek of MRI Software, which targets this industry, explains why this space has struggled automating procure-to-pay and what to do about it.