News

Security & Fraud
Hackers Won’t Let SWIFT Catch A Break
October 14, 2016

Another day, another cyberthreat on SWIFT. 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 Today. By completing this form, you agree to...

Partnerships / Acquisitions
TrueCar, Car And Driver Launch New Car Buying Service
October 14, 2016

TrueCar and Hearst Autos’ leading automobile magazine and website, Car and Driver, have announced a partnership to launch a new car buying service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Goldman Sachs Rolls Out Marcus, Its Online Personal Loan Platform
October 14, 2016

The Goldman Sachs Group announced on Thursday (Oct. 13) Marcus by Goldman Sachs, an online platform offering unsecured personal loans to consumers. Named after Marcus Goldman, one of the firm’s founders, Marcus by Goldman Sachs is a new business that Goldman Sachs said benefits from the...

Banking
Wells Fargo’s New CEO Sloan Has Lots Of Work To Do, Including 3Q Earnings
October 14, 2016

Wells Fargo’s incoming chief executive, Timothy Sloan, who is replacing CEO John Stumpf who resigned on Wednesday (Oct. 12), will have a lot of work to do, not only because the embattled financial services company is slated to report third quarter results on Friday (Oct. 14) but...

Faster Payments
TransferWise Partners With ACI For Faster Payments
October 14, 2016

ACI Worldwide, a global provider of real-time electronic payment and banking solutions, announced on Thursday (Oct. 13) it has provided the back-end technology for TransferWise’s integration into the Faster Payments Scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Merchant Innovation
Alibaba Hopes To Blend eCommerce With Traditional Retail In China
October 14, 2016

Alibaba warns that Chinese eCommerce operators could face “tremendous challenges” as it aims to transform the country’s traditional retail industry, worth an estimated $4.5 trillion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Signs Of Life Appearing In Retail
October 14, 2016

As regular readers of our weekly bankruptcy tracker can attest, it has been a rough year for much of retail. There have been outliers — Walmart has managed a pretty good year among the carnage and Amazon is locked in on a solid growth path — but...

Regulation
Airbnb And HomeAway Facing Calls For FTC To Investigate Industry
October 14, 2016

Airbnb and HomeAway are facing calls from a group of lawmakers and community groups that want the Federal Trade Commission to investigate the firms, alleging the home rentals are operating as hotels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
For T&E Management, Evolution Via Technology
October 14, 2016

Expense management professionals must deal with a deluge of information amid time constraints. Chris Juneau, vice president of Concur’s global distribution segment, weighs in on the mismatch between the technology employees use, and their firms use, and how to close the gap, with an eye...