News

Investments
Kellogg’s Launches Food Startup VC Fund
June 21, 2016

The Kellogg Company — yes, the cereal and food giant — is in the midst of launching a corporate venture business, which will focus on food and related technology firms for investment purposes. Get the Full Story Complete the form to unlock this article and...

‘Bitcoin Creator’ Building Digital Currency Patent Portfolio
June 21, 2016

Remember Craig Wright? 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 agree to receive marketing communications...

Fed Watchdog To Review Bank Cybersecurity Practices
June 21, 2016

The Federal Reserve will use the scrutiny of its internal watchdog to find out how the U.S. central bank is policing the cybersecurity practices that are in place at the nation’s financial institutions. The central initiative was announced on Monday (June 20), Reuters reported. Get...

US Bank Goes Omnichannel With New Retail Hire
June 21, 2016

A longtime retail executive has joined the omnichannel side of the banking industry. 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....

Chase Survey: 48 Percent Prefer To Pay With Phones
June 21, 2016

Just how attached are consumers to their mobile devices? Very, according to new survey results. 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,...

Security & Fraud
SaaS Service GoToMyPC Hacked
June 21, 2016

GoToMyPC, a remote access software provider that lets users connect to their desktop from a different location, has become the latest victim of a cyberattack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payments Innovation
Innovators Start Path Their Engines With MasterCard
June 21, 2016

MasterCard announced today (June 21) the kickoff of the 2016 summer session of its Start Path Global program — a class offering support to the next generation of commerce and FinTech startups from around the world. Get the Full Story Complete the form to unlock...

B2B Payments
A Simpler Vision For Accounts Payable Tech
June 21, 2016

The heat of competition has hit record levels in the financial services and technology space. Advancements in FinTech are enabling corporate payments tools to become not only more efficient but a strategic part of the enterprise. If corporate treasurers and CFOs want to help their...

B2B Payments
EIB Enters Marketplace Lending With $147M Funding Circle Deal
June 21, 2016

The European Investment Bank (EIB) has announced a £100 million investment for U.K. SMEs that will be lent through the Funding Circle platform following reports earlier this year that the marketplace lending site was in the final stages of such a deal. Get the Full Story Complete...