News

International
Uphold Brings India X-Border Payments
April 01, 2016

Uphold, a cloud-based financial platform, has made a big move in the cross-border payments space by bringing its services to India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banks Drive Terrorist Financing Underground
April 01, 2016

In a catch-22 that has real-life consequences, as outlined by The Wall Street Journal on Thursday (March 31), banks in the United States have closed accounts of people and enterprises — numbering in the thousands — considered suspicious. Get the Full Story Complete the form to unlock this article...

Security & Fraud
DOJ Warns Of Increased Tax Fraud Threats
April 01, 2016

The U.S. Department of Justice issued a serious warning to the public about the looming threats of fraudulent tax return processors and tax scheme promoters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Merchant Innovation
Postmates Takes On Amazon
April 01, 2016

One of the problems with a company that wields as much influence in the industry as Amazon does is that sometimes it forces its main competitors to become more like it just to stay alive. That’s certainly what it looks like Postmates is doing —...

Lyft Contracts Uber To Deliver Drivers’ Lunches
April 01, 2016

Everyone knows that politics makes for strange bedfellows … but, apparently, the same can now be said for the ride-sharing business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Mobile Payments
Big Papi Swings For An Outside-The-Park Home Run, And A Career Shift, With PapiPay
April 01, 2016

On the cusp of his farewell tour, David Ortiz is set to announce the launch of his own mobile payments app. Like the player himself, he promises the app, called PapiPay, will be “powerful.”

International
Chinese Hackers Send FBI Fruit Baskets For Cracking iPhone
April 01, 2016

The saga between the FBI and Apple over the infamous San Bernardino iPhone took a series of unexpected turns this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payment Methods
Treasury Taps Chinese Bullet Train Builder For High-Speed Payments Rails
April 01, 2016

After years of dreams about a high-speed rail line linking the West Coast’s metropolises, it finally looks like one might end up as a reality. California-based XpressWest has partnered with a group backed China Railway, the national rail company of the People’s Republic of China,...

Regulation
P2P Lending Apps Swamp UK Regulator
April 01, 2016

Reuters reported on Thursday (March 31) that, in the United Kingdom, “a flurry of companies” have been busy pursuing authorization to boost, or create, their peer-to-peer (P2P) platforms that would, in turn, allow those companies to enjoy the benefits of a program focused on investing in...