News

Investments
Virtru Raises $29 Million In Round Of Venture Funding
August 23, 2016

Virtru, the email and file encryption application, announced on Monday (Aug. 22) it closed a round of venture capital 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....

CFPB
CFPB Charges Wells Fargo Over Student Loan Servicing Practices
August 23, 2016

Wells Fargo may have recently announced a partnership with Amazon to give student loan borrowers a break, but when it comes to servicing its existing loans, the bank is falling short — big time. Get the Full Story Complete the form to unlock this article...

Financial Inclusion
Are Millennials Better Off As Non-Home Buyers?
August 23, 2016

Millennials are buying fewer houses than their Baby-Boomer counterparts – that is inarguable by the data.  Across age groups, the U.S. homeownership rate has fallen to a 50 year low – 62.9 percent – and that dip is mostly powered by millennial homebuyers who aren’t buying. Among...

Merchant Innovation
BitScan Partnering With Waves To Launch Crowdfunded Loyalty Program
August 23, 2016

BitScan, a merchant-backed loyalty program, has announced a partnership with Waves, a custom blockchain tokens platform, to implement a new type of rewards program, dubbed Incent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Partnerships / Acquisitions
Viewpost Inks Partnership With Bank of America
August 23, 2016

Viewpost, the financial tech company, has revealed a partnership with Bank of America, enabling small business customers of Bank of America to get paid quicker and more efficiently. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
Paydiant, FIS Expand Cardless Cash
August 23, 2016

PayPal is expanding its relationship with FIS, helping to power cardless cash for more consumers across the U.S. 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...

Investments
LendUp Raises $47.5M To Expand Subprime Lending
August 23, 2016

In one move to upset the mainstream financial apple cart, startup LendUp Global is taking a new twist on the credit card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

International
Is Misys Prepping For An IPO?
August 23, 2016

In the long, slow march of tech initial public offerings seen so far in a languid 2016, could core banking supplier Misys be eyeing the parade? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Loyalty & Rewards
Walgreens Integrates Loyalty Program With Android Pay
August 23, 2016

Drugstore operator Walgreens announced on Monday (Aug. 22) that it became the first retailer to integrate its loyalty rewards program into Android Pay, the mobile payment system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...