News

Retail
More Kmarts Closing Down
September 20, 2016

More Kmart stores in at least 13 states will be closed by mid-December, according to a Business Insider report. 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...

Regulation
CFO Lending Told To Pay Back More Than 97,000 Customers Due To Unfair Practices
September 20, 2016

CFO Lending, a U.K. payday lender, was told by the U.K.’s markets regulator that it has to return to customers $44.4 million because of practices that were deemed to be unfair. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Partnerships / Acquisitions
Facebook Buys Nascent Objects For Undisclosed Sum
September 20, 2016

Facebook announced on Monday (Sept. 19) that is its acquiring Nascent Objects, a California startup that is centered on developing modular electronic systems consumers can use to make their own devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Bitcoin
Bitcoin Is Money — For The Purposes Of Facing Criminal Charges
September 20, 2016

While various criminals have tried it, the “bitcoin isn’t money, therefore I can not be guilty of a financial crime” defense never really works out. While the federal government has declared that bitcoin is not legal tender or currency in the same sense that the...

Payment Methods
Domino’s Pizza Customers Can Now Order Via Facebook Messenger
September 20, 2016

There’s a reason millennials like Domino’s: It makes it really easy to order pizza on the go or on social media. And that ease of use just got even easier with the addition of placing orders via Facebook. Get the Full Story Complete the form...

Security & Fraud
Fiserv Detects More Than 90 Percent Of Fraud With Payment Fraud Manager Tool
September 20, 2016

Fiserv, the provider of financial services technology solutions, announced on Monday (Sept. 19) that its Payment Fraud Manager tool detected more than 90 percent of fraud while reviewing only 2 percent of the transactions. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
BNL Launches Electronic PIN Code For Hello Mat! Debit Card
September 20, 2016

BNL, BNP Paribas Group announced on Monday (Sept. 19) the availability of a fully electronic PIN code distribution for its cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Blockchain / Distributed Ledger
BNP Paribas To Let Companies Issue Mini-Bonds On Its Blockchain Platform
September 20, 2016

BNP Paribas Securities Services is looking at letting companies issue mini-bonds on its blockchain technology platform. 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...

Faster Payments
Stripe Offers Instant Payout For On-Demand Workers
September 20, 2016

Stripe is a relatively small startup that competes against world-class players like Braintree (backed by PayPal) and WePay to make it easier for digital businesses to do all the wide and wonderful things associated with payments. Get the Full Story Complete the form to unlock...