News

Regulation
Samsung’s Newest Headache? Exploding Washing Machines
September 29, 2016

Samsung’s fall got off to a rocky start — putting it mildly — when their flagship phone, the Galaxy Note 7, had to be recalled because it had a tendency to catch on fire. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
Lawmakers Demand More Big Bank Oversight From The Fed
September 29, 2016

In the wake of the Wells Fargo scandal that has seen the massive banking institution assessed almost $200 million in fines and its CEO and former community banking head facing $60 million (so far) in compensation clawbacks, Federal Reserve chairwoman Janet Yellen said the central bank...

Partnerships / Acquisitions
Walmart In Talks To Acquire A Stake In India’s Flipkart
September 29, 2016

Walmart is reportedly in talks to acquire a minority stake in Flipkart, India’s biggest eCommerce company. 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...

B2B Payments
Banks Leaving Treasurers To Manage Cash Themselves
September 29, 2016

The corporate treasurer, especially for larger, multinational corporations, is now a strategic role within the enterprise. But the size and strength of corporate treasury departments has some analysts wondering why firms’ banks aren’t offering more in the way of treasury and cash management solutions for...

B2B Payments
Sage Entices Developers With Payments API Portal
September 29, 2016

Enterprise accounting firm Sage wants developers to use its technology to develop their own payments solutions and is launching a new platform to do so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Fighting Fraud: A Marathon, Not A Sprint
September 29, 2016

Payments technology evolves, and so does fraud.  In the ongoing battle for speed, accuracy and safety, TNS’ Global Payments Strategy Head George Zirkel says it is important to keep an eye on the long (very long) game.

B2B Payments
Druva Scores $51M For India’s Data Security Space
September 29, 2016

Enterprise security startups are hot with venture capitalists lately, and Druva just scored the latest round of 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...

B2B Payments
Mexico Waiting On US, Canada For Real-Time Payments
September 29, 2016

Mexico is waiting for the U.S. and Canada to grab hold of real-time payment capabilities so money can flow between its borders faster, reports said on Wednesday (Sept. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Payment Methods
For Freelancers, Payment Choice Is Key
September 29, 2016

The on-demand marketplace thrives on freelancers — but to keep them happy, employers need to be flexible in how they offer payments. In our continuing series on the traits that define an optimal online marketplace, Hyperwallet VP Tomas Likar describes what freelancers want from a payout...