News

Investments
PeerStreet Raises $15 Million In VC Funding Led By Andreessen Horowitz
November 18, 2016

PeerStreet, the financial technology startup, raised $15 million in a venture capital funding round led by Andreessen Horowitz. 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...

B2B Payments
Remittance, Beyond The Tradition
November 18, 2016

Financial institutions have to compete against FinTech upstarts, with an eye on keeping merchants happy when it comes to remittances. Eliminating some of the manual processes relieves paperwork and legwork, according to Rick Stadel, managing director at ProfitStars.

Android Pay
Google Launches Android Pay In Poland
November 18, 2016

Google announced Thursday (Nov. 17) that its Android Pay service which enables contactless mobile payments with Android mobile devices, is live in Poland. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Adobe Pays Paltry $1 Million Fine Over Hack In 2013
November 18, 2016

Adobe is reportedly only paying $1 million over a lawsuit that has to deal with its data breach back in 2013 that put the payment records of around 38 million at risk. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
New Tax Scam Uses Mailed Letters To Trick People
November 18, 2016

The Internal Revenue Service warned Thursday (Nov. 17) of a new tax bill scam in which unwitting consumers receive a fake IRS notice that contends they owe the government money because of the Affordable Care Act. Get the Full Story Complete the form to unlock...

Partnerships / Acquisitions
Cubic Wins NYC MTA MetroCard Contract Through 2022
November 18, 2016

Cubic Transportation Systems (CTS), a business unit of Cubic, announced the extension of its contract with the Metropolitan Transportation Authority (MTA) New York City Transit (NYCT) worth $40.3 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
All Press Is Good Press For Wells Fargo?
November 18, 2016

Is Wells Fargo effectively a beneficiary of that old adage that “bad publicity is better than no publicity at all?” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
iPhones Being Tricked Into Handing Over Personal Information
November 18, 2016

Apple iPhone users are reportedly being tricked into spilling the beans on all their personal information, including text messages, emails, browsing history and photos, and they have Siri to thank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Partnerships / Acquisitions
LendingTree Buys Owner Of CompareCards
November 18, 2016

Online lender LendingTree announced Thursday (Nov. 17) it inked a deal to acquire Iron Horse Holdings, which operates under the name of CompareCards. CompareCards is a website that provides credit card comparison, credit education and credit health management. Get the Full Story Complete the form...