BitPay, a company that facilitates bitcoin and blockchain payments for corporates sending and receiving money across borders, secured $40 million in funding, the company said Tuesday (April 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Correspondent banking is among the most vital avenues for businesses — from international conglomerates to small firms in emerging markets — to facilitate business across borders. But global financial watchdogs are sounding the alarm of an ongoing decline in correspondent banking relationships (CBRs). Get the...
Of all the purported benefits of blockchain, iron-clad security may be the most lauded, with much of the proliferation of blockchain experimentation being fueled by corporates’ and governments’ efforts to safeguard systems and processes. Get the Full Story Complete the form to unlock this article...
Small business (SMB) banking is in need of an overhaul. Between the threat of FinTechs and small business owners’ increasing willingness to switch banking providers, financial institutions are waking up to the demand for better SMB services. Get the Full Story Complete the form to...
“Blame Amazon” may not be an entirely legitimate excuse for failing businesses, according to new research from Insureon and small business (SMB) directory firm Manta. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Experts say an employee phishing scam is likely to blame for the data breach affecting millions of Saks Fifth Avenue and Lord & Taylor payment cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Reuters reported news on Monday (April 2) that a regulatory filing has revealed $445 million being invested into India mobile wallet company Paytm by SoftBank and Alibaba. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Wells Fargo reached an agreement to sell assets of its Business Payroll Services unit to Asure Software, the companies said in a press release on Monday (April 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
U.K. banking group Barclays announced the completion of its “ring-fencing” project, an overhaul of the financial institution’s structuring to prevent some of the scenarios that occurred in the wake of the financial crisis. Get the Full Story Complete the form to unlock this article and...
