News

Wearables
BAE Systems Displays Wearable For The Military
October 04, 2016

BAE Systems is showcasing an exciting new wearable for the military and emergency services in Washington, D.C., at the Association of the United States Army (AUSA) annual meeting. The technology consists of an eTextile layer that conducts power and avoids the need to carry heavy...

Banking
Wells Fargo To Pay For $163M Dumping Claim
October 04, 2016

The legal hits — via fines — keep on coming for Wells Fargo. 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....

Alternative Finances
Prosper Shutting Down Secondary Market For Loans Later In October
October 04, 2016

Prosper, the P2P lending marketplace, is reportedly closing down the secondary market for its loans later this month. 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...

Partnerships / Acquisitions
Shopify Buys Boltmade To Help Accelerate Development Of Shopify Plus
October 04, 2016

Shopify, the cloud-based, multichannel commerce platform designed for small and medium-sized businesses, announced on Monday (Oct. 3) it has acquired privately held Boltmade, a product design and development consultancy based in Waterloo, Ontario. The acquisition of Boltmade will help accelerate the development of the Shopify...

Blockchain / Distributed Ledger
JPMorgan Chase Rethinks Banking With The Blockchain
October 04, 2016

JP Morgan Chase is working on a new way to leverage the blockchain technology that supports bitcoin and allow the bank to design a publicly available system to complete confidential transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Alternative Finances
As The Comment Period Comes To A Close, Legislators Diverge On Payday Lending
October 04, 2016

T-minus five days and counting. 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 receive...

B2B Payments
Why Millennial Businesses Are Both A Threat And Opportunity For Banks
October 04, 2016

Millennials are now the largest generation in the workforce in the U.S., and among the countless ways they shape new trends include ways their businesses work with financial institutions. Bottomline Technologies wanted to dive into exactly how millennial business owners drive the way companies and...

B2B Payments
Speed, Reliability Of B2B Payments Take A Turn For The Worse
October 04, 2016

Late payments are a problem, but just how big is the issue? The latest analysis from Atradius made some troublesome conclusions: The outlook for the speed and reliability of B2B payments isn’t great. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Cash Still King For Some (Not All) SMEs
October 04, 2016

The saying goes, “Cash is king,” and the rise of electronic payments technology has yet to dethrone cash. A new report by HMRC reinforces cash’s reign among SMEs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...