The Internal Revenue Service has launched a data exchange service so foreign banks and countries can more easily comply with a U.S. tax law — and to send other governments information too, the Wall Street Journal reported. Get the Full Story Complete the form to...
Regulators around the world are stepping up anti-money-laundering (AML) efforts, and, as a result, lenders are tightening the screws on cross-border payments, according to Corporate Treasurer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The U.S. payments industry lacks common standards for interoperability, and that’s standing in the way of faster payments and better payments security. That’s the conclusion of a Federal Reserve-sponsored symposium on payments innovation, according to the Chicago Fed Letter. Get the Full Story Complete the...
Apple Pay, ATMs and even traditional B2B financial-transfer systems will be the top targets of a new wave of payments-oriented cyberattacks in 2015, according to predictions by security vendor Kaspersky Labs. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Alternative lender OnDeck Capital, which focuses on loaning money to small-business borrowers, expects to continue with business as usual after raising $200 million from its IPO on Wednesday (Dec. 17), according to American Banker. Get the Full Story Complete the form to unlock this article...
America’s greatest musical treasure Elvis Presley once sang that what he needed was “a little less conversation, a little more action,” a motto that the team at Mozido seems to have taken to heart. In a year-ending surprise, the Austin-based cloud platform mobile payments and...
B2B travel payments have been around forever, but they typically involve paying for airfare and maybe a hotel. That leaves a lot of logistics for the business traveler. But what if there was a payment service that used virtual payments and mobile to truly deliver...
When it comes to electronic card payments, driving demand among consumers and businesses can take a great deal of innovation, says Eric Mettemeyer, CEO of Store Financial. And B2B supplier virtual cards are seeing the most velocity and activity, he says, because there continues to...
Adyen And The Changing Face Of Cross-Border Payment Christmas, it seems, has come early for global payments technology company Adyen this year. The Amsterdam-based business announced a $250 million funding round Tuesday (December 16), led by global growth equity investor General Atlantic, (with participation from...
