News

Security & Fraud
The Authentication Crack In Bureau Data
July 05, 2016

Canada just said that it was OK for FIs to use “non-traditional” data sources to validate a consumer’s identity. It’s seen as a big victory for thin-file customers, and an important crack in the “it always has to be bureau and nothing but the bureau”...

Transitioning From Paper To Virtual Payments, With A New Precept
July 05, 2016

B2B firms are making the switch from paper checks to electronic transactions – but the transition sometimes needs a technological nudge. TSYS’ Virtual Payment Precept adds security and speed to transactions though virtual accounts, as the company explains.

B2B Payments
Delaware Firms Win In Unclaimed Property Ruling
July 05, 2016

Delaware has a unique state law when it comes to corporate finance. The government is allowed to seize unclaimed property from businesses, meaning any accounts payable or payroll checks that haven’t been cashed can be claimed by the government as a way to raise state...

Alternative Finances
Avant’s Sailing Troubled Waters
July 05, 2016

Whether or not Lending Club managed to get a month or so jump on the Fourth of July with its interpretation of fireworks, 2016 was already shaping up to be a tough year for marketplace lenders. Market conditions were changing, as were investor options about...

B2B Payments
New Orleans Has A Fuel Card Problem, Says Report
July 05, 2016

The New Orleans Office of Inspector General says the city has a fuel card problem. 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,...

B2B Payments
Sage’s Latest Partner Offers Global Reach
July 05, 2016

SME accounting firm Sage, based in the U.K., has just announced a new U.S. partner. Reports late last week said Sage is teaming up with Boston-based tCognition, which provides ERP systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Want To Fake A Swiss Watch? Yeah, Maybe Not So Much Anymore.
July 04, 2016

As most retailers know, few things can threaten a business’ or a product’s integrity like counterfeiting. 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...

Mobile Commerce
Is Lyft Preparing To Sell?
July 04, 2016

Ridesharing firm Lyft has been getting ready to capitalize on investor desire to delve into transports and has been exploring raising additional funding or even selling itself to outside interests, Reuters has reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Retail Goes Out To The Ballgame For The Fourth
July 04, 2016

Thousands of Americans will take to the nation’s ballparks this weekend as Americans celebrating the nation’s independence will look to the nation’s national pastime for the entertainment, likely combined with a fireworks display of some kind. While football draws the more rabid fandom, and basketball...