News

Payment Methods
Sage Confirms Its Selling Its U.S. Payments Unit
May 04, 2017

Sage Group, the U.K. software company, is putting its U.S. unit up for sale after completing a review of the business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
Treasury Secretary Mnuchin Names Keith Noreika To Head The OCC
May 04, 2017

U.S. Treasury Secretary Steven T. Mnuchin announced Wednesday (May 3) that he is plans to appoint Keith Noreika as a Deputy Comptroller and designate him the First Deputy Comptroller of the Office of the Comptroller of the Currency (OCC). Get the Full Story Complete the...

Retail
More Retail Bankruptcies Expected In 2017
May 04, 2017

The retail sector has been suffering a lot of pain this year, with bankruptcies already happening at a record pace and more bankruptcies expected to come. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Fintech Investments
Dubai FinTech Set To Offer Gold-Backed Digital Currency
May 04, 2017

On Tuesday, Dubai FinTech company OneGram announced it would offer a gold-backed digital currency called OneGramCoin with the hopes of raising over $500 million in capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Mandiant Hired To Probe Sabre Hotel Systems Breach
May 04, 2017

Sabre Corp. confirmed Tuesday that it has seen a breach in it hospitality units hotel reservation system and that FireEye’s Mandiant forensics division has been retained to investigate just how that breach happened. Get the Full Story Complete the form to unlock this article and...

Partnerships / Acquisitions
Malauzai Partners With Vantiv On SmartKid Control For Tweens, Teens
May 04, 2017

Malauzai Software announced in a press release its partnership with Vantiv to launch Family Manager: SmartKid Control, a program to teach tweens and teens responsible spending habits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Walmart E-commerce Chief Marc Lore Acknowledges More Work To Do
May 04, 2017

Walmart eCommerce chief Marc Lore acknowledged in an interview with Bloomberg News that the retailer still has work to do when it comes to taking on Amazon in the world of eCommerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Ridesharing
GM Maven Launches Ridesharing Service For Gig Economy
May 04, 2017

Maven, GM’s dedicated mobility wing, has launched Maven Gig, which gives occasional gig economy workers access to ridesharing services, as well as enables them to obtain a vehicle for short job stints, such as delivering groceries and food on demand. Get the Full Story Complete the...

B2B Payments
Trade Finance To Fuel Blockchain’s Rise This Year, Says IBM
May 04, 2017

With so many consortia and internal development teams in play, it’s difficult to assess global banks’ progress on blockchain. But analysts assure progress is being made. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...