News

FinTech Startup PromisePay Raises $10M
June 15, 2016

One emerging player in the Australian FinTech market has just secured another round of capital. 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,...

Merchant Innovation
Ingenico Launches Mobile Checkout Solution Suite
June 15, 2016

As mobile wallets win more and more adherents to their side, sales from mobile commerce outlets can only grow faster than they are now. However, managing all those payments can be just as big a headache for unprepared merchants as no sales at all, and...

Mobile Payments
Samsung Pay Launching Down Under — With New ‘Value-Added’ Features
June 15, 2016

Samsung Pay is officially online Down Under today (June 15), and according to Elle Kim, Samsung’s VP and head of global business development for Samsung Pay, this is just a first step. Samsung is doing payments now, but its vision is much bigger and more...

CFPB
Bankers Group Supports Stronger CFPB Structure Control
June 15, 2016

The Consumer Bankers Association said on Tuesday (June 14) that it stood in agreement with reforms unveiled by House Speaker Paul Ryan (R-WI) aimed at financial products and services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
German Banks Use Insurers To Protect Billions In Cash
June 15, 2016

Several German banks are buying protection from large European insurers to sidestep paying penalties on cash (read: euros) that they might keep at the European Central Bank (ECB), even as they keep billions of euros physically in vaults. Get the Full Story Complete the form...

Security & Fraud
FBI Warns Hackers Tried To Steal $3B Via Wire Fraud
June 15, 2016

On Tuesday (June 14), the FBI issued a warning about the rising threat of wire transfer fraud. 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...

Retail
Facebook Is Helping Merchants Connect The Dots Between Online Ads And Offline Shopping
June 15, 2016

Facebook is now helping merchants track how ads they see online on the social media platform are affecting their real world shopping habits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Treasurers Keen On Commercial Card Upgrades
June 15, 2016

Commercial cards are slowly catching up to consumer cards when it comes to innovation, with some being supported by mobile wallet solutions and others morphing into virtual card solutions for better spend visibility. According to new research from Capital One, corporate treasurers have their eyes...

B2B Payments
Western Union Enables FX Hedging For Hong Kong SMEs
June 15, 2016

Western Union Business Solutions is targeting Hong Kong SMEs in an effort to support their interest in FX hedging and risk mitigation. A report on Tuesday (June 14) said the company is launching a new product in Hong Kong, FX Options, that will service small...