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Posts By PYMNTS
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204Bankingi2c Names GM In Middle East, Africa Expansion
Payment and open banking tech firm i2c plans to expand its presence in the Middle East and Africa, according to a press...
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432BitcoinBitcoin Daily: Lloyd’s Now Covers Crypto In eWallets; U.S. Treasury Adds Hacker Bitcoin Addresses To Blacklist
Lloyd’s of London, the insurance firm, is supporting a new policy that protects digital currency held in digital wallets from hackers, Coindesk...
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414B2B PaymentsVerdigris Launches Banking Software For Small FIs
Verdigris Holdings, which specializes in low-cost banking, announced a white-label offering for small- and medium-sized financial institutions (FIs) called Verdigris Commercial, according...
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383VISAVisa Expects Revenue Hit As Virus Fears Curb Travel, X-Border Payments
Visa has joined in the line of companies with revenue impacted by the coronavirus, as the company announced that spending overseas has...
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406B2B PaymentsZylo, vCom Team Up For Enterprise Software Spend Management
Software as a Service (SaaS) management firm Zylo has established a partnership with vCom Solutions, which works in IT spend and lifecycle...
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435B2B PaymentsVisa, Intuit Partner For India SMB Services
Intuit QuickBooks is forging a new agreement with Visa to fortify its strategy for small and medium-sized business (SMB) customers in India,...
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395GoogleSome Airlines Now Accept Screenshots Of Passes With Google Pixel
Pixel’s array of new features, released Monday (March 2), includes the ability for Google Pay users to add flight boarding passes with...
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466Security & FraudFTC Sends $2M In Payments To Fake Immigration Center’s Victims
In response to fraud from the American Immigration Center, the Federal Trade Commission (FTC) is sending out refunds for those defrauded, according...
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496InternationalCoronavirus Impacts Felt In NYC, Europe
The coronavirus has wide-reaching effects on retailers, meetings of financial leaders, on-demand grocery services and tech conferences. Here are the latest updates...
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1.2KSecurity & Fraud‘Shark Tank’ Judge Recoups $400K Lost In Phishing Scam
Barbara Corcoran, a judge on the popular TV show “Shark Tank,” said she is “thrilled” about getting back almost $400,000 that she...
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898LegalNYC Sues Airbnb Listing Co In Bid To Stop Short-Term Rentals
New York City has sued Guesty, a startup that provides services for listing on Airbnb and other home-sharing sites, in an escalation...
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726Gig EconomyLyft And Uber Fund Efforts To Oust CA Lawmaker
Lyft and Uber are fighting back against a California legislator who voted for AB5, a law that could potentially classify drivers as...
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650AmazonAmazon Develops AI Model For Visual Product Searches
Amazon has announced it has a new artificial intelligence (AI) model that helps convert text to images to aid in searching for...
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604B2B PaymentsBankers Call For Overhaul Of RBS Fund Program
Bankers in the U.K. are asking for government intervention in what they call a “farcical” program meant to help business banking after...
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551InvestmentsThought Machine Notches $83M For Cloud Banking
Cloud-native London FinTech startup Thought Machine has raised $83 million in a Series B funding round led by Draper Esprit, with participation...
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431Gig Economy16 Pct Of Gig Workers Live Paycheck To Paycheck With No Savings
Amid the Coronavirus-centered headlines are the warnings that the U.S. economy may tip into recession. A sizable chunk of the country’s population...
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604InternationalCOVID-19 Triggers Medical Commerce Boom
The novel coronavirus, officially known as COVID-19, has been the ongoing and unexpected opening drama of 2020, wreaking havoc in both public...
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525RetailTeens Use TikTok To Fake Luxury Goods
Teens are using the popular social media app TikTok to show each other how to find fake luxury products, called “dupes,” according to...
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552RetailRetail KPIs Get Worked Over For Customer Experience
Retailers may be focused on the wrong metrics. That’s one of the conclusions from a poll of top marketers from Duke University’s...
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523NewsToday In Payments: China Deploys Color-Coded Health Rating App; AmEx Reportedly Used Tactics To Boost SMB Sales
In today’s top payments news, Alibaba and Ant Financial created an app for the Chinese government to use to track people and...
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654EconomyCoronavirus: Costco Sees Lines Over The Weekend, Goldman Sachs Tells Staff To Delay Inessential Int’l Travel
The coronavirus has wide-reaching effects on warehouse clubs, business travel, tourism and the economy as a whole. Here are the latest updates...
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964RegulationNJ Legislators Propose Tighter Data Privacy Regulations
Lawmakers in New Jersey are proposing a bill to solidify data privacy guidelines and inflict tougher limits on the tech industry, The...
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936Partnerships / AcquisitionsGroupon Doubles Down On Experience With Redeam Partnership
Experiences marketplace Groupon is teaming up with tours and activities technology firm Redeam to expand local and global experiences, Groupon announced on Monday...
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751RetailDiane von Furstenberg, Mastercard Team For Enhanced Customer Experience
Fashion designer Diane von Furstenberg has teamed up with Mastercard on curated shopping experiences for customers as well as helpful insights for...
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753AppleApple Settles Slow iPhone Lawsuit For $500M
Apple has agreed to settle a lawsuit for as much as $500 million over allegations that it slowed down older iPhones, according...
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931Buy Now Pay LaterSplitit Teams With Visa For BNPL Payments
The buy, now pay later (BNPL) technology firm Splitit Payments has partnered with Visa to advance installment payments for merchants and evaluate...
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975InnovationClinc Teams With Visa To Bring Digital Banking Tech To FIs
To provide its digital banking experience to more financial institutions, Clinc is teaming with Visa in a partnership that brings artificial intelligence...
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855AcquiringIntuit Bid For Credit Karma Triggers Antitrust Worries
Intuit’s TurboTax announced on Monday (March 2) that it is buying personal finance website Credit Karma for about $7.1 billion in cash...
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1.2KMarketsTrading App Robinhood Sees Large Outage
Robinhood, a trading app used frequently by younger traders, experienced a large outage on Monday (March 2), according to a report by...
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3.7KData DiveData Dive, Big Moves Edition: Walmart, Uber Eats And The US Stock Market
Whatever else gets written about 2020 in the history books, we suspect the adjective “boring” will not make the final cut. The...
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2.3KDeliveryAfrican eComm Firm Taps Local Agents, Businesses To Streamline Logistics
Of Africa’s one billion-plus population, some 400 million use the internet, putting the continent among the most digitally connected populations worldwide. Yet,...
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1.3KRetailTCC Group Bids For Tesco’s Asia Stores
To purchase the Asian assets of U.K. grocer Tesco, Charoen Sirivadhanabhakdi, one of the wealthiest men in Thailand, has obtained almost $10...
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1.0KRetailUpscale UK Retailers Look To Land In US Market
The British are coming. Again. One of the U.K.’s most high-profile retailers is doing well in the U.S. and another one is...
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803RetailEnabling Retail Convenience With Vending Machines And Kiosks
To help consumers conveniently access their favorite products, retailers are offering a wide array of merchandise through automated retail technology. These innovations...
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661Today In DataThe Evolving State Of The Restaurant And Delivery Industries
The 2020 outlook report from the National Restaurant Association illustrates an industry contending with the countercurrents of solid consumer spending and disruptive technology. The...
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631RetailGeneva Car Show Canceled; Automakers Plan To Go Digital
Automakers are planning to go digital to impress the crowds after the Geneva car show was called off for the first time...
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662RetailTarget To Roll Out Boar’s Head Products In Its Stores
Target Corp. is bringing Boar’s Head brand cheeses and meats to its brick-and-mortar stores. The retailer is adding 50 to 200 products from...
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664Digital BankingDigital-First Banking Branches Out
How important are humans to your retail banking experience? It’s a fair question given that ATMs and mobile banking can now make...
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672Security & FraudCredit Unions Doing Cyber-Battle
Comedy legend Groucho Marx is credited with the famous line, “I don’t want to belong to any club that would have me...
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839Fraud PreventionDeep Dive: How Unsupervised Machine Learning Could Close The Cloud Services Security Gap
Cloud services like AWS, Dropbox and Google Cloud store terabytes of users’ personal information and payment data, making them prime targets...
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627Regulation RoundupCFPB Structure To Get Supreme Court Hearing
For game makers operating in China, new licensing requirements are on the horizon, especially for those that rely on iOS. To that...
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794B2B PaymentsVirtual Prepaid Tackles Biz Payments Friction Beyond AP
Corporate payments innovation has cast a wide net to tackle the many pain points businesses experience today, with accounts payable (AP) one...
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588B2B PaymentsPulling Accountants Into The Corporate Payments Innovation Fold
FinTech innovation has opened the floodgates for a stream of new platforms and products designed to help small businesses and corporates more...
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576B2B PaymentsReconciliation Troubles, Supplier Inexperience Exacerbate Late Payments
Late payments are a reflection of a broader challenge in B2B payments: Large corporate buyers can wield their market power with small...
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478Next-Gen DebitDeep Dive: Why Staffing Agencies Must Consider Payroll Cards
Employers that cannot quickly adjust their staffing levels to meet customer demand fluctuations and workers’ life shifts may find themselves in a...
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742B2B PaymentsWirecard Collabs To Digitize Business Banking In Philippines
Germany-based FinTech services firm Wirecard is partnering with the Union Bank of the Philippines to improve banking services for corporate customers, Wirecard...
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824Digital BankingBBVA’s Four-Step Guide To Digital-First Transformations
Transitioning to a digital-first banking system has numerous benefits, from targeted product recommendations to decreased transaction times. But making sure customer-facing and...
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1.1KInternationalChina Uses Alipay To Deploy Color-Coded Health Rating App
Tech giants in China are deploying a color-coded health rating system to help officials track the millions of people returning to work...
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2.2KPersonnelVisa’s Former Innovation Chief, Jim McCarthy, To Begin Position As President At i2c
There is no lack of good ideas in financial services, nor is there a lack of enthusiasm for putting them in place...
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3.0KFraud PreventionMastercard: Using AI To Cure Healthcare’s $240B Fraud, Waste And Abuse Problem
Healthcare in the U.S. is a massive industry. According to the Centers for Medicare and Medicaid, $3.5 trillion — or roughly $11,000...
