News

B2B Payments
Aussie Lender Kikka Grabs $1.5M
June 09, 2016

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...

There’s No Business Like The Cyber Fraud Business
June 09, 2016

“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...

Payment Methods
Through An eCommerce Lens
June 09, 2016

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...

B2B Payments
Why UK SMEs Could Soon Be Locked Out Of ePayments Scheme
June 09, 2016

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...

Investments
Will Unicorns Take Flight with IPOs?
June 09, 2016

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...

Security & Fraud
BioCatch Boosts Behavioral Biometrics Tech
June 09, 2016

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...

B2B Payments
Lyft’s Game Plan For Corporate Travel
June 09, 2016

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...

Security & Fraud
SEC Fines Morgan Stanley For Data Breach
June 09, 2016

The Wall Street bank is being forced to pay up for not safeguarding data that ultimately ended up in the hands of hackers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Faster Payments
Putting Banks On The Fast Track Toward Faster Payments
June 09, 2016

When regulators talk, the payments ecosystem listens. PYMNTS caught up with Kathleen Oldenborg, the OCC’s Director for Payment Systems Policy, to get her take on what a digital framework capable of securely supporting an ecosystem of real-time payments must look like from her perch. That...