News

International
Germany Gets A Taste For P2P Payments With Cookies App
August 17, 2016

Peer-to-peer payments, or P2P, may be branching out from the States. 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...

Alternative Finances
Bizfi Provides $144M In Q2 SMB Lending
August 17, 2016

FinTech firm Bizfi, which offers a platform that serves as a combination of aggregation, funding and a small business marketplace, said that it had seen a boost of 25 percent year over year in its small business originations in the most recently completed second quarter....

Digital Banking
Citi Nabs JPMorgan Exec To Lead Its Tech Operations
August 17, 2016

Citigroup announced on Tuesday (Aug. 16) it has tapped Gavin Michael, head of digital for consumer and community banking at JPMorgan, to lead technology for the company’s global consumer bank. Michael will replace Mark Torkos in the role. Torkos retired from Citigroup in July. Get...

Security & Fraud
ACI Worldwide Teams With Ethoca On Merchant Fraud Alerts
August 17, 2016

ACI Worldwide, a provider of real-time electronic payment and banking solutions, announced an integration agreement on Tuesday (Aug. 16) with Ethoca, a provider of collaboration-based technology solutions for credit card companies and online merchants. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Two Alleged Dark Web Drug Dealers Busted By California Prosecutors
August 17, 2016

Ever since Silk Road got shut down, the dark web has been in the spotlight, but that hasn’t seemed to deter those looking to run afoul of the law online. In the latest case of drug peddling on the dark web, federal prosecutors in California are accusing...

Partnerships / Acquisitions
ChowNow Partners With Google
August 17, 2016

ChowNow, an online ordering and marketing platform for restaurants, announced on Tuesday (Aug. 16) that customers can now order food directly from a restaurant’s Google Business profile thanks to a partnership with Google. Get the Full Story Complete the form to unlock this article and enjoy...

Mobile Commerce
Uber Expands Instant Pay For Drivers
August 17, 2016

People love the convenience of hailing a ride via Uber, and its drivers love the idea of getting paid to give people rides. And it turns out 80,000 drivers want to get paid on the spot. That’s how many drivers Uber said on Tuesday (Aug....

International
Visa To Launch mVisa In Nigeria
August 17, 2016

Visa is said to be in advanced talks with some of the big banks in Nigeria and gearing up to roll out mVisa, its mobile payments service, with banking partners before the end of 2016, according to a report. Get the Full Story Complete the form...

eCommerce
Airbnb Moves Into Concierge Services
August 17, 2016

In an expanded attempt to compete with traditional hotels – and the host of other specialized start-ups riffing on what they do – Airbnb is leveling up the types of travel services on offer for guests that book through its platform. Get the Full Story...