News

Mobile
Discover Accounts Can Now Be Frozen Via Mobile
April 17, 2015

Discover has rolled out an exclusive feature for its consumer credit cards that lets customers block use of the card through a mobile app in near-real time, but without canceling the card, the company announced on Wednesday (April 15). Get the Full Story Complete the...

Irish P2P Money Exchange CurrencyFair Raises $10.7M
April 17, 2015

P2P currency exchange marketplace CurrencyFair has closed a €10 million ($10.7 million) funding round, the Dublin-based company said on Thursday (April 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Mobile
Fashion Shopping App Spring Snags $25M
April 17, 2015

Mobile fashion shopping platform Spring has closed a $25 million investment and — after eight months iOS-only — launched an Android version of its app, Fortune reported on Thursday (April 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Breach Bill Still Too Weak, Consumer Groups Say
April 17, 2015

With the Data Security and Breach Notification Act headed to the floor of the U.S. House of Representatives for a full vote, some digital rights and privacy groups say the bill should be at least as strong as the state breach-notification laws it will replace...

Europe
Rocket Internet Buys Food-Delivery Startup Volo
April 17, 2015

German food-delivery startup Volo has been acquired by Rocket Internet, just days after the Samwer Brothers’ startup factory invested in one of Volo’s soon-to-be-direct competitors, according to TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banorte Taps CA Technologies To Battle Fraud
April 16, 2015

The largest Mexican-controlled bank has turned to CA Technologies to strengthen its fraud prevention operations. 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,...

Sony’s $60M B2B Push
April 16, 2015

Technology conglomerate Sony is reportedly spending about $60 million on a new marketing campaign to raise awareness of its Xperia smart device portfolio, and a major portion of that marketing push will be to business customers, reports said. Get the Full Story Complete the form...

White House Looks To UK For eProcurement Strategy
April 16, 2015

While experts say the U.S. government is making strides in adopting more efficient policies through the use of technological innovations, federal officials are reportedly not building up these policies from scratch. Officials are instead looking to their counterparts across the pond for best practices and...

B2B Payments
General Motors Continues Supplier Relations Damage Control
April 16, 2015

The problem of late payments in the U.S. is growing to worrisome levels since some of the nation’s largest corporations began extending their payment terms in 2008. Experts say the trend arose that year when 3G Capital and Anheuser-Busch began lengthening the time it took...