In what lawyers for the Securities and Exchange Commission described as a case that “presents an emergency,” the U.S. regulator moved to shut down a Miami-based company for allegedly “fraudulent” activity regarding the company’s invoice financing scheme in Brazil. Get the Full Story Complete the form...
Gone are the days of rummaging through car ashtrays for quarters to feed the meter. Brad Powers, CTO of Passport, tells PYMNTS that consumers can now pull out their phones and pay from an app. The June edition of the mPOS Tracker™ features more from...
The alt-lending market may be struggling in the U.S., but in Australia, investors are giving the market a boost. Kikka Capital secured new funding from investors, reports said on Wednesday (June 8), as the company seeks to focus on expanding its SME lending operations. Get...
“I’m not surprised it’s happening.” 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...
ECommerce has a dark side, where online sellers put merchants and acquiring banks at risk by peddling illegal goods. G2 Web Services found that one market with burgeoning risk surrounds the sale of contact lenses. Dan Frechtling, chief product officer of G2, told PYMNTS about...
Hundreds of small businesses in the U.K. may soon be unable to make electronic payments via the Bacs payment system, the payment scheme warned, as the deadline looms for Bacs users to upgrade their systems. Get the Full Story Complete the form to unlock this...
It’s raining IPOs! Well, not really, but if Bain’s Blue Coat goes public, the grand total of tech-related IPOs this year will reach — three. But other unicorns are mulling making the switch from private to public entities, with all the rewards and pitfalls that...
BioCatch, a global behavioral authentication and malware detection company, announced on Wednesday (June 8) that it will extend its collaboration with Microsoft Azure to increase its behavioral biometrics technology capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
As of last April, ridesharing app Lyft accounted for 1 percent of corporate use of this kind of service. It’s by no means a threatening position for rival Uber, which, according to expense management firm Certify, accounts for the vast majority of corporate use of...
