News

B2B Payments
Citi Emboldens Banks Against Bitcoin
July 05, 2016

The financial services sector goes back and forth on bitcoin. Will it take off or be a monumental flop? Will it threaten the role of traditional banks? Will the cryptocurrency change everything we know about payments or silently fade into irrelevance? Get the Full Story...

B2B Payments
Deloitte Constructing Global 5-Second Payments Portal
July 05, 2016

Deloitte has announced plans to construct a cross-border payments platform and will work with developers at Stellar to make it a reality. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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...