News

B2B Payments
Meet Finastra, Financial Services FinTech Giant Formed By Misys, D+H Merger
June 16, 2017

Months after financial services software company Misys canceled its IPO and after Vista Equity Partners, which already owns Misys, agreed to acquire D+H, Vista Equity Partners has moved forward with plans for a merger. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Why eInvoice Adoption Won’t Guarantee ePayments Adoption
June 16, 2017

The B2B finance industry is well-versed by now in the unfortunate popularity of paper invoicing. But analysts have uncovered an array of reasons why companies should adopt eBilling — perhaps most important of all being the impact on the bottom line that such a shift would have....

B2B Payments
Investment Banking Firm Deutsche Bank Adjusts Corporate Vision
June 16, 2017

In banking news, Deutsche Bank is restructuring its corporate and investment banking operations, reports said Thursday (June 16). 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...

B2B Payments
Citizens Bank Develops Mobile, Online Banking Platform With Bottomline Technologies
June 16, 2017

In banking news, Citizens Bank has announced a new partnership with Bottomline Technologies to develop new mobile and online banking solutions for the bank’s corporate clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Ridesharing
Ridesharing Startup Grab Aiming To Raise More Than $1B From Funding Round
June 16, 2017

Grab, the ridesharing startup in Singapore similar to Uber in the U.S., may raise more than $1 billion investment from strategic investors in a venture capital funding round including Alibaba and SoftBank. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
A Spam Botnet Is Being Used To Promote Adult Dating Sites
June 16, 2017

A spam botnet that has been used for promoting adult dating sites is being researched by cybersecurity website KrebsOnSecurity.com but has hit a firewall and published its research to find out if other researchers are studying it. Get the Full Story Complete the form to...

Security & Fraud
FTC Announces NetSpend Is Refunding Customers As Part Of A Settlement
June 16, 2017

The Federal Trade Commission announced Thursday (June 15) that NetSpend, the operator of a debit card, is providing refunds to settle charges that people couldn’t access their money in their NetSpend accounts. Get the Full Story Complete the form to unlock this article and enjoy...

Ridesharing
Careem Raised $150M As Part Of A $500M Venture Capital Funding Round
June 16, 2017

Careem, a transportation startup that is in 80 cities across the Middle East, has reportedly raised $150 million, closing a Series E venture capital funding round with $500 million raised. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
Uber Under Investigaton By FTC
June 16, 2017

It never rains but it pours. Such is life over at ridesharing firm Uber these days, which can now add to the list of its recent woes news of an FTC investigation for alleged privacy violations by the recently under siege carsharing company. Get the Full...