Banking customers have made it evident in a PYMNTS study that convenience and ease of use provided by technology-based services are of utmost value to their experience, which is a deciding factor in making a banking choice. This preference is driving the digital-only bank to...
Panic, agony, torture, stress – those are some of the words users around the world had to describe last week’s six-hour global outage, from 4 p.m. GMT (11 a.m. ET) until around 10 p.m. GMT on Monday (Oct. 4), during which social media services Facebook,...
Today in B2B payments, research shows 15 percent of B2B receivables arrive late, and ClearBank expands its offerings for financial institutions and FinTechs that operate in multiple currencies. Plus, Archa rolls out a smart business credit card and spend management platform, and Esker rolls out...
Indian digital wallet and payments startup MobiKwik now has the blessing of markets regulator Securities and Exchange Board of India (Sebi) for an initial public offering. The company plans to raise up to Rs 1,900 crore ($252,000) through the effort, according to a Business Standard...
China’s Central Bank has penalized 1,436 banks and payment companies and levied fines totaling 1.13 billion yuan — or $176 million — since 2016, the bank’s deputy governor said at the recent China Payment and Clearing Forum. Get the Full Story Complete the form to...
Standard Chartered has teamed up with working capital FinTech Demica on a new online portal to streamline access to the bank’s supplier finance program, according to a company announcement Monday (Oct. 11). Get the Full Story Complete the form to unlock this article and enjoy...
Merchant commerce platform Pine Labs is eyeing an initial public offering (IPO) on Nasdaq and is looking to raise as much as $1 billion with primary and secondary stake sales, Mint reported on Monday (Oct. 11), citing unnamed sources. Get the Full Story Complete the...
eCommerce leasing company Katapult has become an Accelerate partner in the Adobe Exchange Program, according to a Monday (Oct. 11) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Digital payments across Thailand are four times as frequent as they were before the COVID-19 pandemic, as the country’s infection rate is increasing the need for online services, the central bank told Reuters in report on Monday (Oct. 11). Get the Full Story Complete the...
