News

News
AmEx Will Fight Antitrust Case Ruling
March 30, 2015

American Express appears ready to fight to the bitter end for the right to control the terms of its merchant contracts — and that goes beyond a federal judge’s antitrust ruling in February that would allow AmEx-accepting merchants to suggest that customers use other, less...

International
Feds Want Power To Fight US Card Fraud Abroad
March 30, 2015

The U.S. Justice Department’s Criminal Division has proposed streamlining the requirements for going after cyberthieves who sell payment card numbers issued by U.S. financial institutions, the department said in a blog post. Get the Full Story Complete the form to unlock this article and enjoy...

Amazon Brings India Hyperlocal Grocery Delivery
March 30, 2015

After rolling out its quick-delivery Prime Now service to Manhattan, Brooklyn, Baltimore, Miami and Dallas, Amazon has now launched something remarkably similar in a less-expected place: Bangalore, India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

FTC: CardFlex Helped Scammers Drain Accounts
March 30, 2015

A card processor that was accused of illegally processing more than $26 million in unauthorized consumer charges for a suspected scammer has settled with the U.S. Federal Trade Commission, the FTC announced on Friday (March 27). Get the Full Story Complete the form to unlock...

Alternative Finances
Kabbage Grows Consumer Lending Side With Orchard
March 30, 2015

Alternative small-business lender Kabbage is partnering with analytics startup Orchard Platform to make it easier for institutional lenders to fund consumer loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Who Will Make The M-Pay Final Four?
March 28, 2015

March Madness is maybe the most aptly named sporting competition in history. For about a month each year, the nation seems to literally go crazy over college basketball. The estimated advertising revenue for the NCAA tournament is $1.15 billion – the equivalent of ~4.75 Super...

B2B Payments
Kikka Pioneers Alt-Lending Down Under
March 27, 2015

Australia is about to see a big boost in its alternative lending market. Western Australia-based Kikka Capital is reportedly gearing up to launch an alternative lending service to become one of the first of its kind in the nation, and will do so in partnership...

B2B Payments
Snapdeal Boasts Success In Raising Capital For Sellers
March 27, 2015

India eCommerce giant Snapdeal has revealed promising news about its new small business financing program. According to the corporation, its Capital Assist service, which aims to raise funds for its sellers, has already raised $8 million for these small companies. Get the Full Story Complete...

New Bento MasterCard Safeguards SME Procurement
March 27, 2015

Small businesses are especially in need of resources to help manage procurement spending and mitigate the risk of fraud. But the smallest startups do not often qualify for a corporate credit card, forcing business owners to resort to giving their personal cards to employees to...