News

Security & Fraud
Apple’s Future iPhones May Fight Crime
August 26, 2016

Apple may be getting into the law enforcement game with future versions of its iPhones and iPads. That’s according to an Apple patent that describes how Apple iOS devices could make police work easier by automatically snapping pictures and video of the iPhone or iPad thieves. What’s...

B2B Payments
SMB Lending And The ‘Pay-As-You-Go’ B2B Future
August 26, 2016

Yantra Financial helps lenders disburse funds immediately, smoothing the working capital bumps that bedevil SMBs and enabling firms to make payments to their own customers with haste. Suresh Ramamurthi, CEO, says that helps everyone's cash flow.

Regulation
Wells Fargo, AMD, Fifth Third May Have Run Afoul Of Whistleblower Laws
August 26, 2016

Wells Fargo, Advanced Micro Devices (AMD) and Fifth Third Bank have reportedly struck settlement agreements with former employees that may have run afoul of U.S. whistleblower protection laws. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Mobile Commerce
Uber Lodging Losses Despite Growth
August 26, 2016

Ridesharing app Uber may be enjoying brisk business as it expands around the globe, but the company isn’t making money as a result. That’s according to a report by Bloomberg, which cited people familiar with the matter who heard comments from Uber’s head of finance, Gautam Gupta. Get...

Security & Fraud
Hackers Using Mobile Malware To Get Into Bank Accounts
August 26, 2016

Hacking into a consumer bank account is the holy grail for hackers, and now, they have a new way to do it: via mobile phones. That’s according to a report which said malicious software programs, carrying names like Acecard and GM Bot, are being used...

Social Commerce
WhatsApp Opens Up For Business Messaging
August 26, 2016

After Facebook paid a staggering $22 billion for WhatsApp, the most popular question that followed was “why?” WhatsApp had lots of users at the time — still does — but Facebook already had lots of core services users, as well as a lot of Messenger users (especially...

Partnerships / Acquisitions
JPMorgan Chase Getting Into The Car-Buying Business
August 26, 2016

JPMorgan Chase is getting into the car-buying business, gearing up to launch a digital offering that enables customers to shop for a car and get financing for their purchase using a computer or smartphone. Get the Full Story Complete the form to unlock this article...

CFPB
CFPB Fines FNBO $32M Over ‘Illegal’ Credit Card Practices
August 26, 2016

The CFPB will collect more than $32 million in fines from First National Bank of Omaha over credit card practices the regulator found to be deceptive. The consumer protection agency found that the bank worked to push consumers into add-on services — services for which...

B2B Payments
Backers Nearly Tip The $100M Mark For B2Bs
August 26, 2016

Close, but no cigar. It was a busy week for B2B startups, which came oh-so-close to hitting the $100 million mark in investment rounds. The week’s biggest winner landed in an unlikely B2B startup focusing on video content, but enterprise cybersecurity saw its own impressive...