News

Ex-Capital One Analyst To Pay $13.5M For Insider Trading
February 29, 2016

Ask any random person on the street about insider trading and they might point to Wall Street corruption or Martha Stewart. But how many know that financial crimes happen at some of the lower levels of the industry, too? Get the Full Story Complete the...

B2B Payments
For FIs, Finance Made Easier with a NYMBUS Cloud
February 29, 2016

In providing financial services, smaller FIs have to navigate decades-old legacy systems to get up to speed, and the NYMBUS mission is to do just that. CEO Alex Lopatine explains how a partnership with Geezeo is the latest salvo in helping these players compete against...

Alternative Finances
Lending Club Shaking Up Fee Model
February 29, 2016

When the legal system makes your business model a shaky one, change the model. 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...

Tim Cook Dishes On Apple Growth, Privacy Stance
February 29, 2016

A couple of hot topics surrounding Apple were recently addressed by none other than the company’s CEO himself. 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...

Alternative Finances
Banks On The Hot Seat Again Over Overdraft Fees
February 29, 2016

As FinTech startups bring more transparency and convenience into an industry that has operated on the same principles since modern finance began, banks have had to decide whether they were going to move in that direction, too, or dig their heels in and get ready...

Social Commerce
Snapchat Scammed Out Of Employee Data In A Phishing Expedition
February 29, 2016

It looks like Snapchat has been scammed by an enterprising phisherman who managed to collect personal data on about 700 employees of the social media service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

UBS Probed Over Money Laundering
February 29, 2016

Swiss bank UBS may find itself in hot water as a Belgian magistrate judge continues an investigation into the bank’s possible involvement in fraud, money laundering and other criminal activities related to helping wealthy individuals avoid taxes, The New York Times reported late last week....

Mobile Commerce
BBPOS Says It’s Time To Move Past mPOS
February 29, 2016

As the U.S. continues to embrace EMV (though slowly compared to other nations), technology, especially mPOS, is moving commerce beyond chip cards and PINs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Payment Methods
Venmo Cuts Off New Developers’ API Access
February 29, 2016

In terms of P2P payments, Venmo’s numbers have been on the rise — setting a record $1 billion transfers in January. But now, Venmo seems to be changing how it offers its services to developers. Get the Full Story Complete the form to unlock this...