News

International
Ola Shuts Down TaxiForSure After Spending $200M To Buy It
August 18, 2016

Ola, the taxi-hailing company taking on Uber in India, has shuttered TaxiForSure (TFS), a competitor it spent $200 million to acquire in 2015. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Fusing Work And Automation
August 18, 2016

Artificial intelligence has moved beyond sci-fi and now can help businesses automate the most routine tasks, eliminating errors, saving time and helping boost efficiency, as Adam Devine, WorkFusion's VP of product marketing and strategic partnerships, explains.

EMV
EMVCo Updates Mobile Payment Device Approval Process
August 18, 2016

EMVCo announced a new streamlined approach to approving contactless mobile payment-enabled devices that operate with EMV Level 1 approved payment acceptance terminals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Digital Banking
Banking Customers Getting A Break On Fees
August 18, 2016

Fees are often a necessary evil, but when it comes to banking charges, consumers are getting a bit of a break this year. That’s according to the semi-annual MoneyRates Bank Fees Survey, which found declines in the average fees for maintenance, overdraft and ATM access....

Security & Fraud
Security Researcher Flips The Script On Scammers
August 18, 2016

A security researcher from France is giving cybercriminals a taste of their own medicine. 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...

Partnerships / Acquisitions
Bank Audi And Verifone Partner For Cashless Payments In Lebanon
August 18, 2016

Lebanon’s largest bank, Bank Audi, and Verifone, a global payments and eCommerce solutions provider, are teaming up to bring cashless payments to one of the Middle East’s largest markets, according to a joint statement issued by both companies on Wednesday (Aug. 17). Get the Full...

B2B Payments
PayPal Ups B2B Payments Game With Xero
August 18, 2016

PayPal has made its latest strategic moves in the B2B payments space. 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...

Omnicommerce
Foursquare’s Plan To Turn Data Into Dollars
August 18, 2016

If you believe the old adage that half of all ad dollars are wasted, retailers just don’t know which half, then close to $250B is being wasted on advertising. In August’s Omnicommerce Tracker™, Mike Harkey, Foursquare VP talks about how the granddaddy of check-ins is...

B2B Payments
Sage Hack Should Be Wake-Up Call, Says SaaS Firm
August 18, 2016

Software company Hypersocket Software is warning businesses that they should pay attention to what the recent data breach at accounting company Sage means for them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...