The U.K. is widely considered a leader in the implementation of open banking, the regulation mandated by the European Union’s Revised Payment Services Directive (PSD2) that compels retail banks in the region to make customer account information available to non-bank third parties through the use...
Instacart isn’t rushing to go public right now, according to CEO Fidji Simo, Bloomberg wrote. 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,...
Today in B2B payments, GrowSari expands its B2B suite of offerings across the Philippines, while Corcentric discusses the benefits of adding transparency to the payments process in the healthcare and insurance sectors. Get the Full Story Complete the form to unlock this article and enjoy...
In today’s top Europe, Middle East and Africa news, the Dutch antitrust watchdog has fined Apple $55 million for failure to allow Netherlands-based dating app providers to use non-Apple payment methods; British fashion retailer Ted Baker has rejected two takeover offers. Get the Full Story...
New Zealand’s Thorn Group Financial Services is merging with auto dealership software maker Limelight to form Limelight Group. 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...
Six months after Huawei Technologies’ Chief Financial Officer Meng Wanzhou returned to China after being under house arrest in Canada for nearly three years, she said the Chinese telecom giant’s resolve is strong, Reuters reported Monday (March 28). Get the Full Story Complete the form...
Today in retail, retailers face hyper activism, while BigCommerce launches Multi-Storefront. Plus, buy now, pay later (BNPL) options aren’t taking away from private-label credit cards, Ted Baker turns down a pair of takeover offers from Sycamore Partners, and PayPal’s reverse logistics brings some happiness to...
As restaurant aggregators look to gain share of same-day grocery delivery from Instacart, further embedding their services into consumers’ daily routines, DoorDash is expanding to new grocery categories. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Citizens Bank is launching a new checking account for underbanked and underserved communities that prevents overdrafts, according to a press release on Monday (March 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
