News

Payment Methods
Canadians Like Mobile Payments, Citing Convenience
September 22, 2016

New research released by Moneris Solutions revealed that there is a growing interest in mobile payments among Canadians. 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...

Regulation
Money Data Limited Taps Thomson Reuters Risk Solutions For Hong Kong Compliance
September 22, 2016

Money Data Limited, a subsidiary of Tencent, announced on Wednesday (Sept. 21) it has selected Thomson Reuters Risk solutions to comply with the Hong Kong Monetary Authority’s (HKMA) Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) licensing requirements in its application to obtain...

Security & Fraud
Russia To Adopt Rules That Enable Them To Decrypt Code
September 22, 2016

The Russian Federal Security Service and the Ministry of Communications is getting more involved in the internet business game, with Forbes reporting the two agencies in Russia will adopt rules that enable them to decrypt code by internet service providers and search engines. Get the Full Story...

Merchant Innovation
linked2pay Adds Automated Merchant Approval, Onboarding
September 22, 2016

Linked2pay, the platform provider of Bank Centric Payments, announced on Wednesday (Sept. 21) that it has added automated merchant approval and onboarding to its service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Gametime Raises $20 Million In VC Funding
September 22, 2016

Gametime, the mobile last-minute ticketing company, announced on Wednesday (Sept. 21) it raised $20 million via a Series B round of financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Nucleus Brings Home $5.6M In Funding
September 22, 2016

Just two years old, Nucleus, a home intercom system, just brought in $5.6 million in Series A funding. 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...

Metromile Drives Home $191.5M In Funding
September 22, 2016

This self-driving car trend is something it seems everyone is talking about, and many companies are trying to jump in on it. From self-driving cars already turning over engines in Pennsylvania, to Lyft saying close to no one will own a car by 2025, to...

B2B Payments
Regulation, Corporate Demands Force Banks To Hustle
September 22, 2016

Know Your Customer regulations can mean corporations have to wait as long as three months — yes, months — to get onboarded to a new bank. Part of the problem, says Pegasystems Senior Director of Risk, Compliance and Onboarding for Financial Services Reetu Khosla, is...

eCommerce
In Support Of The (Best) On-Demand Marketplace
September 22, 2016

In the latest installment of what makes a great online marketplace experience, Hyperwallet’s Michael Ting tells PYMNTS’ Karen Webster that support is crucial — even if it is behind the scenes.