Twenty years ago, the payments system in the United States was so stable that it was considered the backwater of banking and finance, Rob Hunter, deputy general counsel of The Clearing House (TCH), a banking association and payments company owned by the largest U.S. commercial...
As the weather turns colder across most of the U.S., people are reaching into their closets to pull out winter coats — or perhaps preparing to upgrade to a sleek battery-operated heated jacket to fight Jack Frost. But, as with any cutting-edge technology, consumers may...
Payment fraud is always evolving. What is considered a fraudulent attack today might not have even been possible 5 or 10 years ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The pandemic has accelerated the growth of real-time payments (RTP), with banks, merchants and consumers seeking ways to send and receive funds domestically as well as across borders quickly and easily. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In today’s top Europe, Middle East and Africa news, U.K. digital bank Monzo has snagged $500 million at a $4.5 billion valuation, and Amazon plans its appeal against a $1.3 billion Italy antitrust case. Plus, Danish unicorn Pleo targets EU expansion after nearly tripling valuation,...
Headless commerce platform fabric announced Thursday (Dec. 9) it has launched a business-to-business (B2B) platform for distributors, manufacturers and wholesalers selling to small, mid-market and enterprise-scale businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Business services startup Pleo, which offers expense management tools and smart company cards for small to medium-sized businesses (SMBs), has secured $200 million in a Series C round at a $4.7 billion valuation, nearly triple its previous value. Get the Full Story Complete the form...
In today’s top retail news: CVS told investors that it expects its increased focus on healthcare to be a boon for sales, while RH executives believe the pandemic has permanently changed the way people think about their homes. Also, Klarna has unveiled a new browser...
Paraguay might be the first country after El Salvador to make bitcoin a legal tender, per a Thursday (Dec. 9) report from The Cryptonomist. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
