B2B Payments
Off The Continent And Into Puerto Rico For Online SMB Lending
May 02, 2017

If expansion is key for SMBs, so too is it for lenders. Biz2Credit is linking up with Oriental Bank in Puerto Rico to boost SMB lending, digitally, in a move that takes into account some of the particulars of the market -- and language is...

Security & Fraud
Ecommerce Fraud To Surge, Says Radial Data
May 02, 2017

Credit card fraud is a fact that will likely continue to plague retailers for the foreseeable future. It’s on the rise in the eCommerce arena, according to data released from omnichannel commerce technology and operations company Radial’s eCommerce Fraud Technology Lab. Get the Full Story...

Partnerships / Acquisitions
FleetCor To Buy Cambridge Global Payments For $675M
May 02, 2017

In the wake of a series of negative reports by Citron Research about FleetCor Technologies, the workforce payments company, and positive reports from sell-side firms, the company said Monday that revenues for the first quarter were up 25 percent, ahead of expectations. Adjusted for commissions,...

Ridesharing
China’s Didi Raises $5.5 Billion In Latest Round Of Funding
May 02, 2017

Didi Chuxing, the Chinese ride-hailing company, has raised greater than $5.5 billion in what is being billed as the largest round of funding for a technology company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

South East Asia
Tencent Gains Mobile Payments Ground On Alibaba
May 02, 2017

Tencent is starting to grab up marketshare from hitherto dominant force Alibaba and its associated Alipay service.  The Chinese mobile payments market is worth an estimated $5.5 trillion annually. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Innovation
Softbank Debuts New Solution To Easily Program Pepper The Robot
May 02, 2017

Softbank has debuted Promoter, a browser-based solution that lets anyone customize Pepper the robot’s movements. 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,...

Ridesharing
AAA’s Gig Car Sharing Service Now Live In Bay Area
May 02, 2017

Gig, a car sharing app created by AAA, the emergency roadside assistance service, is live in California’s Bay Area as of Monday (May 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Bitcoin
Bitcoin Breaks $1,400
May 02, 2017

On Monday, and for the first time ever, bitcoin was worth over $1,400. 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....

eCommerce
Self-Proclaimed Nuns Make A Living Selling “Healing” Cannabis Online
May 02, 2017

A business run by self-proclaimed nuns is making a living by selling “healing” pot online. 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,...