News

International
Kreditech Closes $103M Funding Round
March 25, 2016

German startup Kreditech — which extends loans and financial services to consumers sporting limited credit histories, using 20,000 online data points to “score” their attractiveness as borrowers — raised $11 million through a Series C funding round. Get the Full Story Complete the form to unlock this...

UK Police Chief Calls Out ‘Lax’ Online Fraud Victims
March 25, 2016

U.K. Metropolitan Police Commissioner Sir Bernard Hogan-Howe is taking a firm stance on how victims of online fraud should be compensated by banks. His opinion is that it shouldn’t happen at all. Get the Full Story Complete the form to unlock this article and enjoy...

Prepaid’s True North
March 25, 2016

There’s a great opportunity for U.S. companies looking to expand their addressable prepaid market — and it’s just north of the border. On Tuesday, April 5, at 1:00 p.m. EST, join MPD CEO Karen Webster and Peter Read, president of Peoples Card Services, for a...

Bitcoin’s Ransomware Problem And Bernie’s ‘Bitcoin Bounty’
March 25, 2016

City held hostage. 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 marketing communications...

Payment Methods
April To Be The Cruelest Month For Wall Street Payouts
March 24, 2016

On Wall Street, showing them the money is going to take a little longer. 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...

Merchant Innovation
Will Beacons Finally Break Out This Year?
March 24, 2016

In a world where startups seem to be working out of garages one day and throwing out billion-dollar valuations the next, it can be difficult to believe that a technology that’s been hanging around for a while is about to suddenly take off. However, one...

Nordstrom Brings On Former Amazon Exec
March 24, 2016

If Nordstrom is looking to strengthen its eCommerce capabilities, the retailer certainly looked to the right place in a recent hire. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

The Music Industry Gets Its Merch On (Demand)
March 24, 2016

Independent music artists — being, in effect, small business owners — lack the infrastructure that more established brands in their space enjoy when it comes to retail merchandising. In that regard, on-demand marketplaces, like Teespring, have emerged as a valuable tool for connecting musicians to...

Giving eCommerce A Ride, And Taking Mobile Wallets Offline
March 24, 2016

Online-to-offline commerce is all about making connections. In this edition of the O2O Tracker, we explore a couple of different international situations wherein online merchants are finding unique ways to strengthen the link to their offline consumers — both physically and digitally.