News

Banking
Citi Opens Immersive Bank Branch at NYC Headquarters
November 08, 2021

Citi has rolled out a flagship branch at its global headquarters in New York City with new features to customize transactions and offer more specialized service, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Today in Retail: Walmart Manages Fully Driverless Deliveries; Lowe’s to Launch Room-Scanning Tool
November 08, 2021

In today’s top retail news, Walmart’s partnership with autonomous trucking company Gatik has achieved daily deliveries without a safety driver, while Amazon is promoting the use of its payment service on other merchants’ websites ahead of the holidays. Also, Lowe’s is adding a new tool...

Bitcoin
Bitcoin Daily: Bakkt, AGM Get More Into Crypto; Crypterium Eyes US Expansion; BlockFi, Neuberger Berman...
November 08, 2021

More businesses are accepting cryptocurrencies, including Bakkt Holdings as of last week, according to a press release. Bakkt said it will allow for the buying, selling and holding of ether. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Only 14% of CFOs Are Using Technology for Working Capital Management
November 08, 2021

The uncertainty generated by the COVID-19 pandemic weighs especially heavy on treasurers and chief financial officers (CFOs), because they are responsible for ensuring that companies have the liquidity to meet daily obligations and the working capital to respond to business challenges and opportunities. Get the...

Security & Fraud
US Charges Suspect in Kaseya Cyberattack, Promises Action Against Others
November 08, 2021

In a breakthrough for the President Joe Biden administration’s pursuit of cybercriminals, law enforcement officials seized $6.1 million in ransom payments, and federal prosecutors charged a suspect over a July ransomware attack on American company Kaseya, according to a Department of Justice (DOJ) press release....

International
Equity Group Debuts $4.5B Pandemic Business Recovery Initiative
November 08, 2021

Kenya-based Equity Group Holdings announced Monday (Nov. 8) the debut of a 500-billion shilling ($4.5 billion) loan effort aimed at pulling small- to medium-sized businesses (SMBs) out of the economic doldrums triggered by the pandemic, Reuters reported. Get the Full Story Complete the form to...

Banking
Santander to Axe Overdraft Fees for One-Third of Customers
November 08, 2021

Santander Bank has launched a new program that it says will eliminate overdraft fees for nearly a third of its customers who have recently overdrawn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Delivery
Amid Industrywide Labor Crunch, Walmart Rolls out First-Ever Driverless Truck Route
November 08, 2021

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 this form, you agree to receive marketing communications from PYMNTS and...

Faster Payments
Egypt’s Central Bank Approves Instant Payment Regulations
November 08, 2021

Egypt residents can now make instant electronic payments between bank accounts using their mobile phones, thanks to newly approved regulations by Egypt’s central bank, according to a statement Monday (Nov. 8).  Get the Full Story Complete the form to unlock this article and enjoy unlimited...