Autonomous cars. Ride-hailing. Ride-hailing with autonomous cars. Can Tesla make a splash — and some money — by jumping into Uber's pool? Or is this the start of a race to the bottom, where already-tight margins get tighter (delighting consumers and possibly devastating investors)?
U.S. Bank’s latest offering for corporate treasurers aims to simplify the shift from manual to virtual B2B payments. The bank announced Wednesday (Oct. 26) its latest tool, APConnector, as a way to automate and digitize accounts payable, while integrating that process into existing ERP systems....
The Securities and Exchange Commission is considering new regulations that alternative lenders say would curb their ability to lend to small businesses. Reports by Bloomberg on Wednesday (Oct. 26) said the SEC is exploring whether to adopt new rules that aim to safeguard the alternative and shadow...
An appeals court has upheld a lower court’s ruling that found the owners of 16 McDonald’s restaurant locations in Pennsylvania in violation of state law through their use of payroll cards for employee compensation. Reports this week said an appeal of that ruling fell flat on...
The U.S. government is mandating financial institutions to disclose details about cyberattacks when submitting reports on fraud and money laundering. The goal is for the additional information to help combat the growing threat that digital crimes pose to the country’s financial system, Reuters reported on Tuesday...
The check, it seems, is not in the mail. Today’s renters, particularly young ones, increasingly expect to pay landlords using modern payment methods. That means property management companies need to keep up to accommodate them. October’s Developer Tracker™ features an interview with Kate Hampton, vice...
Blockchain technology could have major implications for B2B payments, and some of the top use cases for distributed ledger include cross-border payments and smart contracts. B2B payments company PayStand has another possibility for the tool. An announcement Wednesday (Oct. 26) said PayStand now supports certification and...
The investigations into last week’s massive distributed denial-of-service (DDoS) attack — which took down major sites, like Spotify, Amazon, Netflix, Twitter and GitHub — have shown that the likely culprit behind the attack was a non-state actor. This particular type of hacker is usually not affiliated...
In the fallout of Wells Fargo’s scandal over unauthorized customer accounts, regulators may force publicly-traded banks to adhere to in-person of sales practices and procedures. A person familiar with the matter told Bloomberg that many of the biggest U.S. banks have received formal requests from...
