News

Mobile Payments
Merchants Forced to Adapt Payments Systems as X-Border Mobile Commerce Soars
January 04, 2022

Cross-border transactions continue to gain traction around the world, with a staggering $156 trillion expected to cross international borders annually by 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Synovus Debuts Mobile Virtual Visa Commercial Credit Card 
January 04, 2022

Synovus on Tuesday (Jan. 4) teamed up with Visa on a mobile virtual commercial credit card that allows businesses to instantly generate and send virtual Visa credit cards to their employees, vendors and contractors through a mobile app that leverages Visa Commercial Pay, according to...

Delivery
New Bill Increases Third-Party Delivery App Transparency in Texas
January 04, 2022

On New Year’s Day, a new Texas law went into effect designed to protects restaurants from predatory practices by third-party delivery services, according to Austin.Eater.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
State Bank of India Backs Pine Labs with $20M
January 04, 2022

The State Bank of India (SBI), the country’s largest commercial bank, invested $20 million in the merchant commerce platform Pine Labs ahead of an expected U.S. public listing sometime in the middle of this year, according to a Tuesday (Jan. 4) press release. Get the...

Security & Fraud
For Banks Hunting Fraudsters, There’s No Magic Bullet
January 04, 2022

Online fraudsters have gotten more and more sophisticated, making it tougher or financial institutions (FIs) to tell the difference between customer and scammer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

News
What’s Ahead for Chinese Banks in 2022 
January 04, 2022

Chinese banks are facing slowing loan growth, tightening margins and rising credit risks at the start of the new year as Beijing works to free liquidity for lending, which is at its lowest pace in more than 15 years, according to an S&P Global Market...

International
China Tightens Rules, Requires Company Data Review Before Listing Overseas
January 04, 2022

China has upped its regulations for online companies to be listed on overseas stock exchanges as it tightens its hold on an expanding technology sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Delivery
Food Brands Take on QSRs With Ready-Made Meals
January 04, 2022

For all the noise about consumers’ newfound interest in cooking since the rise of the stay-at-home economy, many are still looking for ways to get their meal needs met without all the work of preparing them from scratch. This need for convenience has led to...

Retail
Sports Memorabilia Biz Braces for Change As Fanatics Buys Topps for $500M
January 04, 2022

Less than six months after iconic sports trading card company Topps aborted plans to launch a special purpose acquisition company (SPAC) after losing its 70-year licensing franchise with Major League Baseball to apparel and branding upstart Fanatics, the two rivals are back in the news...