News

B2B Payments
Security Takes Top Of Mind For Treasury Professionals
December 06, 2016

As digital processes make inroads into treasury management activities, financial executives are becoming ever aware of the risks tied to cyberfraud and security issues, a recent study by TD Bank found.

International
Venezuela Circulates Larger Notes As Inflation Crisis Grows
December 06, 2016

In the latest international example of new notes debuting, with a change across the land — no it is not India, but rather Venezuela this time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
Convenience, Increased Accessibility Driving Digital Wallet Growth
December 06, 2016

Convenience and increased accessibility are two of the key reasons the global digital wallet market is growing. That’s according to a new report from Research and Markets looking at growth and demand for digital wallets through 2020. Get the Full Story Complete the form to unlock...

Investments
MoneyLion Raises $22.5 Million In VC Funding To Expand
December 06, 2016

MoneyLion, the mobile personal finance platform that leverages machine-learning analytics, announced it raised $22.5 million in a Series A venture capital funding round led by Edison Partners. That, coupled with $650 million in existing debt facilities, will fund the company’s growth and expand its lending...

Security & Fraud
Pittsburgh Business Lost Almost $400K In Cyberhacks
December 06, 2016

Federal prosecutors and FBI agents in Pittsburgh said that a business in Pennsylvania incurred significant financial impacts due to an international cybercrime operation taken down by federal authorities and the European Union last week. Get the Full Story Complete the form to unlock this article...

Regulation
Fed Governor Warns FinTechs Against Social Media Underwriting
December 06, 2016

FinTechs that want to use data from social media for credit underwriting got a warning from Federal Reserve Governor Lael Brainard, who said they could run afoul of fair lending laws if they rely on social media data. Get the Full Story Complete the form to...

B2B Payments
Tradeshift Lands In Santander’s Investment Portfolio
December 06, 2016

B2B supply chain management company Tradeshift just secured backing from Santander’s venture capital arm. 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 daily newsletter, PYMNTS...

B2B Payments
Personal Money Service Expands Business Loan Offerings
December 06, 2016

Personal Money Service is expanding its loan product offerings to corporate borrowers. The firm announced Monday (Dec. 5) that it is rolling out several new loan products in response to continued demand for working capital among business owners. Get the Full Story Complete the form...

B2B Payments
Why Chinese Banks Are Selling Dollars To Corporates
December 06, 2016

Corporates offloading Chinese renminbi overseas have local banks scrambling to stunt the outflow of local currency, according to reports. 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...