News

Security & Fraud
Birkenstock Takes Amazon Counterfeiting Into Its Own Hands (And Feet)
July 22, 2016

Few dads and tropical tourists look as fetching in any piece of footwear as they do in Birkenstocks, and the company is well aware of the brand image it’s acquired. So aware, in fact, that it’s willing to go to drastic lengths to protect unauthorized...

Merchant Innovation
Grover Brings The Sharing Economy To Electronics
July 22, 2016

At the rate smartphones come out today, the price of a new device (plus two-year contract and data plan) can be difficult to pay off in the time before they release the next one. To that end, a new startup to the U.S. thinks renting...

International
Investors Want Uber, Didi To Halt China Squabble
July 22, 2016

A group of behind-the-scenes investors are pushing to have Uber cease its escalating war with Didi Chuxing, China’s largest taxi cab-hailing company, over control of the lucrative Chinese marketplace because they fear it is costing the company too much money, according to a Bloomberg report....

News
Vantiv Named CBA’s Sole EFT Processing Partner
July 22, 2016

Vantiv, a provider of payment processing services, has been chosen by the California Bankers Association as its sole endorsed EFT processing partner. 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...

Digital Banking
Number26 Becomes A Licensed Bank In Europe
July 22, 2016

Number26, the Berlin-based startup that is aiming to be the bank of the future, has received a full banking license to operate in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Washington Bitcoin Miners Will Soon Pay More For Electric
July 22, 2016

Not long ago, it was disclosed that the supply of bitcoin was going to be halved. Now, it seems that, at least in one U.S. state, miners are going to have to work extra hard just to keep the lights on, literally. Get the Full Story Complete...

Coinbase Supports Ethereum
July 22, 2016

Coinbase, long a bitcoin-only supporter, is finally adding support for another currency, announcing yesterday (July 21) sitewide support for Ethereum, the digital currency that allows peer-to-peer contracts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Accounts Payable, From Cost Center To Cash Flow
July 22, 2016

Too much time and money are being spent laboring over accounts payable functions. Here’s how streamlining supplier payments can have a positive, firm-wide impact, according to Tipalti CMO Rob Israch.

Payment Methods
Fed Rolls Out Payment System Risk Policy Amendments
July 22, 2016

The Federal Reserve Board said on Thursday (July 21) that it had adopted a number of changes to a section of its Federal Reserve Policy on Payment System Risk (PSR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...