News

Security & Fraud
The Hackers Behind Bangladesh’s Big Bank Heist Are Back In Action
April 27, 2016

It seems Bangladesh was just the start of things for the cyberthieves who managed one of the larger smash and grabs in cybercrime history. According to Financial Times, that criminal group is now targeting other FIs. Get the Full Story Complete the form to unlock...

Alternative Finances
European P2P Lending Platform Lendix Raises $13.5M
April 27, 2016

France-based Lendix has secured a $13.5 million investment in its Series B funding round, led by CNP Assurances, it announced Tuesday (April 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Joint Venture Pumps Robotics Into Financial Services
April 27, 2016

A joint venture from VirtusaPolaris and IT consulting firm WorkFusion is looking to give the banking and financial services sector a boost through robotics and automation. The collaboration, revealed Tuesday (April 26), is reportedly targeting FIs’ outdated tools and systems to jumpstart the sector’s ability...

B2B Payments
PayPal Cofounder Backs India SME FinTech Startup
April 27, 2016

An India-based financial technology startup that targets SMEs has announced new funding from a group of backers, including one co-founder of payments giant PayPal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

The Industry Most Threatened By Invoice Fraud
April 27, 2016

Invoice fraud can hit anywhere, from large multinationals to SMEs, from China to the U.S. But a new report from Tungsten Network says the threat is particularly acute in one particular sector — with some big ramifications. Get the Full Story Complete the form to...

Payments Innovation
Making Cashless Payments Picture-Perfect
April 27, 2016

The big picture for most merchants is the bottom line. Companies want to ensure they aren’t missing out on the chance for new customers or additional purchases. In this month’s Developer Tracker™, PYMNTS spoke with Super Booths CEO Jeremy Radino about the increasing need to...

B2B Payments
CFOs, Treasurers Are The One-Two Punch Against FX Risk
April 27, 2016

The conversation about exposure to FX risk continues to mount alongside the strengthening U.S. dollar, according to Deloitte LLP — and that goes for corporations large and small. More than half of treasury departments surveyed by the firm, however, say that a lack of visibility...

Cross-Border Payments For Higher Education
April 27, 2016

Education is a growth business worldwide, and Japan currently stands as a country where that business is on the rise — particularly as it pertains to international students. Flywire CEO Mike Massaro explains to PYMNTS what motivated his company to launch a cross-border payments service...

Using Online, Social Data To Make ‘Thin Files’ Thick
April 27, 2016

Can using online and social data give consumers without a significant credit history better odds of having their identity verified? Socure sure thinks so. And it has the predictive data model and a 98.8 percent success rate to prove it.