Analysis of new federal data suggests more U.S. banks are warming to the possibility of servicing marijuana businesses in states where the drug is legalized, according to Tuesday (Jan. 2) reports in Forbes. Get the Full Story Complete the form to unlock this article and...
Several waves in the evolution of banking and financial services appear to have roots, at least partially, in the small and medium-sized business (SMB) community. The rise of alternative lending, for instance, is often attributed to the pullback among traditional financial institutions (FIs) from lending...
The New York Federal Reserve has begun its search for its next president to follow outgoing Chief William Dudley. According to reports in Bloomberg Markets, the list of potential candidates is long. Get the Full Story Complete the form to unlock this article and enjoy...
Five major banks in Russia saw capital outflows from corporate accounts last month, according to data compiled by Reuters from the nation’s central bank. That news comes despite Russian consumers largely holding faith in the banking system after the central bank moved to prop up several...
Pluto Exchange is launching India’s first mobile cryptocurrency exchange solution with an eye on a few use cases for B2B transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
2017 may go down in B2B payments history as the year the space finally saw a bump in attention from innovators. Amid the excitement over faster payment initiatives, blockchain, open banking efforts and collaboration between banks and FinTechs, B2B payments have found the spotlight as...
The GOP-led tax reform in the U.S. has secured a stamp of approval from small and medium-sized business (SMB) advocates at the National Federation of Independent Business (NFIB), and other analysts say the plan could lend a big boost to large corporates, too. Get the...
Analysts are expecting a lucrative year for FinTech companies in 2018. Reports in American Banker this week said new research from Statista estimates FinTechs in the U.S. alone will secure $4.7 billion from investors of all kind in the new year. Many targets for those...
While legal marijuana made inroads in several states this year, federal criminalization of the drug means businesses that operate in the industry cannot access financial services they need like bank accounts and payment services — even when they’re legal. Get the Full Story Complete the form...
