The U.K. Payment System Regulator (PSR) is continuing its fight against authorized push payment (APP) fraud. New rules and legislation will provide the regulator with more tools to reduce fraud and to demand compensation from banks. Get the Full Story Complete the form to unlock...
Data can help B2B payments more fully enter the digital age. 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 our daily newsletter, PYMNTS Today. By completing...
Cloud banking technology startup Thought Machine closed a $160 million Series D funding round led by Temasek that gives the firm a post-money valuation of $2.7 billion, twice its value at the end of last year. Get the Full Story Complete the form to unlock...
Crypto asset regulation will be a topic of talk among the Group of Seven, according to French central bank head Francois Villeroy de Galhau, Reuters reported Tuesday (May 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Consumer Financial Protection Bureau (CFPB) is looking out for consumers at risk of succumbing to false advertising stemming from misusing the Federal Deposit Insurance Corporation (FDIC) name or logo, a CFPB press release said Tuesday (May 17). Get the Full Story Complete the form...
To commemorate the third anniversary of Instagram’s @shop account, the social media company will be hosting a two-day, physical retail pop-up store in New York City next week, the company announced Monday (May 16). Get the Full Story Complete the form to unlock this article...
Today in B2B payments, TurnKey Lender and VoPay collaborate to digitize lending, while TreviPay and Compaynet partner on trade credit. Plus, cryptocurrency treasury management platform Coinshift raises $15 million in a Series A funding round, and fashion supply chain platform Fashinza grabs $100 million in...
Smaller companies tend to see their digitization efforts as an avenue to eliminate manual processes and cut costs, according to “Business Payments Digitization,” a PYMNTS and Corcentric collaboration based on a survey of chief financial officers (CFOs) from firms that generate between $400 million and...
For Walmart, the paycheck-to-paycheck economy — and its pressures — dictate how the retailing giant’s fortunes will fare, especially over the near term. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...