News

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...

Partnerships / Acquisitions
LendingRobot Launches Product That Connects With Lending Club
October 14, 2016

LendingRobot, the peer lending robo-advisor, announced on Thursday (Oct. 13) a new product connecting to the Lending Club platform, called LendingRobot For Advisors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payment Methods
ACI Worldwide Appoints Ravi Pochiraju As Senior VP Growth Markets
October 14, 2016

ACI Worldwide, a global provider of real-time electronic payment and banking solutions, announced on Thursday (Oct. 13) the appointment of Ravi Pochiraju as senior vice president for growth markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

eCommerce
eBay Unloading Stake In MercadoLibre
October 14, 2016

MercadoLibre, a Latin American eCommerce technology company, announced on Thursday (Oct. 13) that it is commencing an underwritten public offering of shares of its common stock offered by its existing stockholders, eBay and eBay’s subsidiary, eBay International Treasury Center. MercadoLibre will not receive any proceeds from the...

Investments
Note Debacle Will Cost Samsung $5.3 Billion In Profit
October 14, 2016

There are many ways to quantify the costs of an error — with the massive failure of the Galaxy Note this week, Samsung will likely be learning about several of them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Wipro Steps Into Treasury Intelligence
October 14, 2016

Business information technology firm Wipro is stepping into the world of treasury management with an eye on data analytics. 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...

B2B Payments
Alt-Lending Thrives — Just Not In The US
October 14, 2016

There’s talk that alternative finance is dead. Well, in the U.S., that may be true. Not one of the four alternative lending startups that secured investments this week were from the U.S. Instead, more than $40 million landed in South Africa, India, Canada and the...

Fighting Online Fraud Through eDNA
October 14, 2016

You may have your grandmother’s blue eyes or your father’s bad slouch, but your digital payments DNA, and reputation, is all your own. Here’s how IdentityMind Global matches “digital DNA” to individuals and determines whether they are who they say they are and, more importantly, whether...