News

B2B Payments
Esker’s New B2B Payments Platform Aims to Improve Cash Flow Mgmt
October 10, 2021

Esker has rolled out a new set of integrated payment capabilities and strategic FinTech partnerships to help businesses unlock cash flow, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
JPMC, BoA, Other Big Banks Squeezed by Soaring Tech Costs
October 10, 2021

The biggest U.S. banks are feeling the crunch of higher technology costs as they try to compete with rising FinTechs, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
ClearBank Expands Into Multi-Currency Offerings for FIs, FinTechs
October 10, 2021

Cloud-based clearing bank ClearBank has rolled out a new multi-currency solution intended to cut down on friction for FinTechs and financial institutions (FIs) working with cross-border payments, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
FCC Takes on SIM Swapping With More Stringent ID Security Recommendations
October 10, 2021

The Federal Communications Commission (FCC) is taking action to put a stop to SIM swapping, a form of fraud in which bad actors can take control of peoples’ cellphone accounts by convincing a wireless carrier to transfer the victim’s service from their own phone to...

B2B Payments
Archa FinTech to Debut Smart Business Credit Card in Australia
October 10, 2021

Archa, the FinTech and ex-consumer neo bank, has now announced plans to roll out a smart business credit card and spend management platform that will be the first of its kind in Australia. Get the Full Story Complete the form to unlock this article and...

Regulation
Australian Government Considers Holding Social Media Firms Responsible for User-Posted Content
October 10, 2021

Social media companies such as Facebook and Twitter may be made more responsible for defamatory material published on their platforms if measures being considered by the Australian government are implemented, Reuters reported Sunday (Oct. 10).  Get the Full Story Complete the form to unlock this...

International
EMEA Daily: NatWest Acquires FinTech RoosterMoney; African FinTech Finclusion Raises $20M for Enterprise Development
October 10, 2021

In today’s top EMEA news, NatWest acquires youth-oriented FinTech RoosterMoney and African FinTech Finclusion raises $20M for enterprise development. Plus, the U.K. brick-and-mortar retail scene is equipped to handle Amazon entry, one-third of U.K. SMBs are ‘highly indebted,’ according to Bank of England, and Kenyan...

Investments
ConsenSys Crypto Investors Include JPMorgan, Mastercard, With $3B Valuation
October 10, 2021

Ethereum blockchain software company ConsenSys could be on the brink of closing a funding deal that would give the company a valuation of $3 billion, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Bitcoin
Bitcoin Daily: PepsiCo CFO Comes out Against Bitcoin; China Restricts Investments on Crypto Mining; Several...
October 10, 2021

Bitcoin has been enjoying high prices, although it isn’t in favor with Hugh Johnson, chief financial officer of PepsiCo, NewsBTC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...