News

Banking
New York Banks Should Get Into Online Lending
October 20, 2016

Online lending may be dominated by startup companies based outside of New York, but the New York State Department of Financial Services (NYDFS) wants New York banks to get into the business as well. “Your competitors are, and will, be embracing FinTech in all of its...

Security & Fraud
New Study Shows Millennials Are Guarded With Their Personal Data
October 20, 2016

LexisNexis Risk Solutions on Wednesday (Oct. 19) released a report, dubbed “Millennial Study: Privacy vs. Customer Experience,” which charts the digital consumer preferences and behaviors of millennials in seven global markets — the U.S., U.K., Germany, Hong Kong, Malaysia, Mexico and Brazil — and found...

Mobile Payments
FIS Rolls Out BuyWay Mobile Payments Platform
October 20, 2016

FIS, a player in financial services technology, announced Wednesday (Oct. 19) the launch of BuyWay, a mobile payments platform that unites all points of contact within a transaction to deliver seamless, secure, personalized shopping experiences at thousands of gas stations and convenience stores across the...

B2B Payments
Wholesale Change In Invoicing And Payables
October 20, 2016

As wholesale distributors compete on an increasingly global scale, automation is key to better cash flow management. But bridging a tech divide is crucial, according to execs from cloud ERP provider ADS and Phoenix Fire, which helped bring ADS and Basware, a procure-to-pay tech firm,...

Loyalty & Rewards
Paytronix Systems Tapped To Modernize Forward Corp.’s Rewards Program
October 20, 2016

Paytronix Systems, a provider of reward program solutions to restaurants and retailers, announced Wednesday (Oct. 19) that Forward Corporation is moving its Forward Rewards program to the Paytronix Rewards platform in order to improve the ways in which it engages customers at its Forward Convenience...

Social Commerce
Facebook Users Can Now Order Food, Request An Appointment, Get A Quote
October 20, 2016

Facebook is becoming a little bit of everything to consumers, announcing users can order food, request an appointment, get a quote and buy tickets to movies and events. In a blog post Wednesday (Oct. 19), Facebook announced a bunch of new initiatives to help users. “Today,...

Security & Fraud
Regulators Drop Stiffer Cybersecurity Regulations On Big Banks
October 20, 2016

Working collaboratively, the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency have unveiled a new plan to bolster the ability of the country’s largest banks to withstand a major cyberattack. The new regulations come as one of...

News
eBay Trails Street on Guidance, Mobile Keeps Growing
October 20, 2016

Wednesday night eCommerce firm eBay said that gross merchandise volume, a value of just about everything sold across the platform, came in at $20.1 billion in the third quarter, a number that showed five percent growth year over year, but was slightly below analysts estimates....

B2B Payments
The Enterprise Eyes New Ways To Get Paid
October 20, 2016

Until recently, BillingTree was forced to incrementally build out its services based on current company performance. But a new investment from private equity firm Parthenon Capital Partners has led to a recapitalization of the billing and payments company. According to BillingTree VP of Marketing Dave Yohe, that...