News

Banking
Sanctions For Wells On Repossessing Vehicles From Military Personnel
September 30, 2016

Adding fuel to the Wells Fargo fire, the company has now been sanctioned by none other than the Justice Department for improperly repossessing cars that had been owned by military personnel. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

News
Drizly Debuts Marketplace Feature
September 30, 2016

Drizly, the firm that caters to online ordering of alcohol, is now launching a wider marketplace. 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...

Payment Methods
Green Dot Rolls Out Secured Credit Card
September 30, 2016

Green Dot announced on Thursday (Sept. 29) the launch of the Green Dot Platinum Visa Secured Credit Card, which is a secured credit card aimed at tapping the market of  people with no prior credit history and those with a poor credit score who are...

CFPB Finds Consumers Save When Incentivized
September 30, 2016

Consumers will save, if you incentivize them to save. That’s according to a new report from the Consumer Financial Protection Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Hackers To Banks: Pay Up Or We’ll Spill
September 30, 2016

A group of hackers stole documents from investment bank WestPark Capital and threatened to release the data unless the bank pays a ransom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Mobile Payments
HCE Service Launches New Mobile Payment Platform
September 30, 2016

HCE Service announced on Thursday (Sept. 29) it launched its SWIM (Software Wireless Identity Module) host card emulation mobile payments platform, which it said provides a new level of trust and security via the use of public key infrastructure (PKI). Get the Full Story Complete the...

Partnerships / Acquisitions
Qualcomm May Acquire NXP
September 30, 2016

Qualcomm may acquire NXP Semiconductors in a move that would provide revenues from the automotive industry. The deal could be for as much as $30 billion and would be the second-largest chip industry acquisition this year.

B2B Payments
China Tops Treasurers’ List Of Worries
September 30, 2016

A new survey by JPMorgan finds corporate treasurers consider China’s recent currency exchange rate reforms to have had the most impact on their businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
A $200M Mélange Of B2B Venture Capital
September 30, 2016

B2B startups saw a little bit of everything this week when it came to venture capital. From pre-Series A funding to late-stage investment rounds, ranging from a modest $1 million to the week’s high point of $88 million, backers showed their versatility. And that goes...