Interchange fees are a controversial topic in many markets around the world, but the debt is often focused on swipe fees charged for consumer payments. A new initiative gaining momentum in Australia would ban interchange fees altogether – and according to reports, the effort includes...
Cybercrime is such a lucrative field that, if it were its own nation, it would have the thirteenth-largest GDP on the planet, according to Bromium researchers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Chief procurement officers (CPO), like many members of the C-Suite, are embracing their evolving roles of greater strategic importance within the enterprise. But a new report from Advanced suggests the CPO may actually be evolving into a new title altogether: the Chief Value Officer. Get...
Logistics technology provider OpenPort has announced a partnership with blockchain company Fr8 Network in a deal that will enable OpenPort to connect its customers to blockchain solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The U.K. government heard calls this week to break up its Financial Reporting Council (FRC), separating the body’s audit watchdog and corporate governance roles into two regulators, reports in City A.M. said Tuesday (Aug. 7). Get the Full Story Complete the form to unlock this...
Warnings from the Federal Bureau of Investigation have enterprises worried about cybersecurity — specifically, concerns about ransomware attacks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Payments messaging service SWIFT has received clearance to provide access to the Eurosystem’s TARGET Instant Payment Settlement (TIPS) payment scheme, the company said Tuesday (Aug. 7). In an announcement on its website, SWIFT said that, beginning Nov. 30, financial services customers can connect to the TIPS...
In FinTech‘s never-ending path to combating friction, B2B solution providers often take one of two approaches: design a holistic solution that allows a company to entirely replace an entire function with a single, streamlined tool, or design a solution that zeroes in on one particular...
Alternative lending player Skippr has landed new funding, a sign that investors are still supportive of the industry after concerns were raised over alternative finance’s high interest rates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...