News

Investments
Monese Raises $10M To Expand Mobile Banking
January 04, 2017

London-based digital banking startup Monese has raised $10 million in a Series A, with investments coming from Anthemis Exponential Ventures, Korea Investment Partners and STE Capital, among others — as well as from previous investors Smartcap and Seecamp. Get the Full Story Complete the form...

CFPB
CFPB Fines Equifax, TransUnion For Misleading Consumers
January 04, 2017

The Consumer Financial Protection Bureau said Tuesday (Jan. 3) that it has fined TransUnion and Equifax amid allegations that the two companies misled consumers about “the usefulness and actual cost” of the credit scores that had been sold, according to a release by the bureau....

Partnerships / Acquisitions
Addison Lee Buys Flyte Tyme To Expand In US
January 04, 2017

Addison Lee, a minicab company headquartered in London and owned by The Carlyle Group, has inked a deal to acquire Flyte Tyme, a U.S.-based competitor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Partnerships / Acquisitions
Intel Takes Stake In HERE – Betting On Driverless Cars Future
January 04, 2017

Chipmaker Intel announced it has acquired a 15 percent take in HERE, a global provider of digital maps and location-based services. The purchase came from HERE’s current indirect shareholders: Audi, BMW and Daimler, Intel said in a press release. Get the Full Story Complete the...

Investments
House of Fraser Invests In App-Only Bank
January 04, 2017

House of Fraser, the U.K. department store operator, is making a £35 million investment in an app-only bank as a way to give shoppers a banking tool and payment means. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
When Business Travelers Waste Travel Managers’ Efforts
January 04, 2017

Corporate travel policy can only be effective at saving a business money if that policy is effectively communicated with a business traveler. According to new analysis from hotel solutions provider HRS and the Global Business Travel Association (GBTA) Foundation, business travelers may have more influence...

B2B Payments
How The Mobile Workforce Can Fight Back Against Data Theft
January 04, 2017

The advent of the cloud has done wonders for the mobile workforce. Employees and executives alike can access information and complete tasks from their smartphones and tablets virtually anywhere with an internet connection. Get the Full Story Complete the form to unlock this article and...

International
Why Fraudsters Are Targeting Global Citizens
January 04, 2017

It doesn’t take long for fraudsters to find new vulnerabilities in payments — and when they do, all bets are off. 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
Yes Bank, Bajaj Electricals Link For Blockchain Supplier Financing
January 04, 2017

Yes Bank is moving forward with efforts to integrate blockchain into its financial services, and reports Tuesday (Jan. 3) said the Indian financial institution has struck its latest collaborative deal as part of this initiative. Get the Full Story Complete the form to unlock this...