News

Point72 Owns 6.7M Square Shares
August 22, 2016

One big investor is getting on board with Square. 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,...

CFPB
CFPB Adds New Outside Consumer Experts To The Advisory
August 22, 2016

The Consumer Financial Protection Bureau (CFPB) announced on Friday (Aug. 19) the addition of new consumer experts from outside the federal government to the Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council and Academic Research Council — the four bodies that provide...

B2B Payments
LendingPoint And The Consumer/SMB Overlap
August 22, 2016

With a new chief revenue officer in place, LendingPoint may be sticking to its consumer lending knitting, but there’s also a benefit for the smallest of SMB owners as they tap into affordable loans — and quickly.

Security & Fraud
US Government .Gov Email Addresses Targeted
August 22, 2016

The U.S. government has long been a prime target for hackers, both in the U.S. and overseas, and apparently, hackers were busy this past weekend, with Krebs on Security reporting a massive email bomb targeted at .gov addresses. Get the Full Story Complete the form...

Mobile Commerce
Lyft Shutting Down Carpooling Service
August 22, 2016

Lyft, the ride-hailing app taking on Uber, has moved to shut down its carpool feature located in San Francisco, five months after announcing it in March. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Mobile Commerce
Massachusetts Is Levying A Fee Against Uber, Lyft
August 22, 2016

Uber and Lyft have been making it easier to hail a taxi, but they are also raising the ire of local state governments, which argue the app startups should share their profits. Massachusetts is one state that feels that way, according to a Reuters report,...

B2B Payments
Hitting Back At ‘Archaic’ Global Payroll Tactics
August 22, 2016

The prospect of hiring cheaper labor overseas can be an attractive one to companies, but it’s not the only reason why firms may globalize their employees. But for all of its potential, international staffing can cause headaches come payroll time. According to Victor Lobo, VP...

B2B Payments
Corporate Banking Clients Uneasy Amid Negative Interest Rates
August 22, 2016

Royal Bank of Scotland (RBS) is warning its corporate clients that it may soon be charging them to hold cash in their accounts, an unnamed source told Reuters this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Levvel Buys PayStream In Push For B2B Payments Expertise
August 22, 2016

Levvel has announced plans to acquire PayStream Advisors in a bid to boost its B2B payments expertise, the firm said. 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...