News

Cross Border Commerce
Visa Takes Inspiration From Bitcoin For Cross-Border Payments
October 25, 2016

Payments giant announces a new blockchain network called Visa B2B Connect.

International
BlueSnap Expands Global Gateway Services
October 25, 2016

Global payments tech firm BlueSnap announced the expansion of its international coverage to include local processing capabilities throughout the U.S., Canada, the EU and LATAM. The updated Powered Buy Platform will support integration through a single API, one merchant account and one underwriting process. The...

Medical Marijuana On-Demand Platform Eaze Inhales $13M In Funding
October 24, 2016

No matter your politics on the matter, weed is green. On-demand weed platform Eaze has just scored $13 million in Series B funding, thanks to Fresh VC, Doll Capital Management (DCM) and Tusk Ventures. Eaze has now raised a total of $25 million. Considered to be...

Payment Methods
Startups Not Revving Up US Economic Growth
October 24, 2016

The image of the startup carries with it thoughts of high-flying product design teams, funding rounds and innovations that change (maybe) the very fabric of our lives. Startups — coming by the dozen, as fast as can be minted by entrepreneurs in Silicon Valley and...

Trulioo Expands Into 60 Countries Via Its GlobalGateway Platform
October 24, 2016

Trulioo, the global identity verification company, announced Monday (Oct. 24) that it now offers real-time identity verification coverage in 60 countries through its GlobalGateway platform. In a press release Trulioo said it is expanding its reach into APAC countries to include coverage in Indonesia and...

Payment Methods
Mastercard Launches Digital Wallet Strategic Partnerships
October 24, 2016

Mastercard announced today (Oct. 24) a host of new strategic partnerships to bring online payments capabilities to digital wallets users in the U.S. The company will integrate its digital checkout option, Masterpass, with Android Pay, Samsung Pay and Microsoft Wallet starting early next year. The...

Retail
Blue Apron’s Winding Road To An IPO
October 24, 2016

From almost the first moment smartphones hit the market, using them to get food delivered was an almost instant application of the technology. Restaurants takeout, home-cooked meals to order, groceries — if you can eat it and you live in a major metropolitan area, you...

International
PYMNTS Daily Data Dive: French Banks Team Up To Go Mobile
October 24, 2016

Banks and retailers in France are taking a collaborative approach to digital payments. Two of the country’s big banks, BNP Paribas and Credit Mutuel, announced plans to work with a group of retailers to launch a mobile app next year. Each bank will merge its existing...

Security & Fraud
The ABCs Of ATM Fraud
October 24, 2016

Remember the old adage about why bank robbers rob banks — cuz it’s where the money is? That’s precisely why cyberthieves are now targeting ATMS — that’s where the cash is. In the latest PYMNTS Topic TBD, George Zirkel, SVP and head of global payments...