News

Security & Fraud
$10M Ponzi Scheme Arises In Silicon Valley
May 31, 2016

Silicon Valley is not just the home to startups and angel investors but also, apparently, some bad apples. 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...

Payment Methods
Did Lending Club’s Ex-CEO Seek Out A Loan?
May 31, 2016

Talks are underway for beleaguered online lender Lending Club to secure financing from Citigroup to back up the loans that the former arranges, Bloomberg reported on Thursday (May 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Cash Troubles Bring The Summer Blues To SMEs
May 31, 2016

Today, the U.S. market is returning from a long holiday weekend, with Memorial Day considered the first official holiday of the summer season. Small business owners were likely hoping to see a boost in sales from tourism and the extra weekend day for shopping, but...

B2B Payments
Faster Payments Isn’t A Priority For Most Of The World’s Corporates
May 31, 2016

The progression of payments technology has enabled businesses and customers to make payments in ways once previously thought unattainable. A corporate traveler can now use a smartphone to ride in an Uber, and the payment data from that trip linked to a commercial card can...

Alternative Finances
How ACH Payments Pump Up C-Store Sales
May 31, 2016

Want to know how a payments method that only a small fraction of consumers actually use increases sales by 6 percent? Stephen Goodrich, president and CEO of ZipLine, told Karen Webster that’s what’s happening in the gas station and C-store vertical, where merchant-branded mobile apps...

B2B Payments
Is FinServ Clueless About Blockchain?
May 31, 2016

The majority of financial service providers familiar with the blockchain say the technology will emerge as the “most significant technological development since the Internet,” according to a new report that offered renewed support for a tool for which some players have expressed doubts. Get the...

Retail
Neiman Marcus’ Retail Reset
May 31, 2016

Misery loves company, or so the saying goes. 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 this form, you...

B2B Payments
Bartercard Helps B2B Trade, Payments Go Virtual
May 31, 2016

BPS Technology is introducing a unique B2B trade and payments solution to more companies in the U.S., the company said late last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
RateSetter Takes First Business Lending Steps
May 31, 2016

Has the Lending Club debacle taught the alternative lending industry anything? Perhaps, but the lesson isn’t that the players should abandon the market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...