Whether it was helping small businesses get their PPP payments or convert to eCommerce, getting cash in the hands of workers delivering food, or accommodating digitized mortgage closing and escrow activity, the coronavirus has foisted a lot of change on the financial services industry in...
The U.S. is doing away with a program to levy tariffs on $1.3 billion of French goods as retaliation for that country’s revenue tax on Big Tech companies, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In today’s top payments news around the world, China’s Ant Group is mulling the creation of a new consumer loan unit, while the British financial watchdog Financial Conduct Authority (FCA) warned that the pandemic could flatline financial services companies. Plus, Indian B2B eCommerce platform Udaan...
South Korea will begin taxing crypto benefits 20 percent, from both buying and selling, beginning in 2023, according to a report from Asia Today. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
ActiveWorx, Inc. has rolled out B2B payments optimization offerings on its platform. The launch of the company’s payment functions will address ongoing corporate payment processing hurdles with process automation software and payment services that harness artificial intelligence (AI) and advanced machine learning (ML), according to an...
U.K. debt collectors want the government to give them a bigger role in recovering the debts from the 44-billion-pound (about $60 billion) business rescue program, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Fides Treasury Services, which works in multibank connectivity and communications, has rolled out new details about its plans to extend its shop for corporate treasury and finance solutions, according to a press release. Get the Full Story Complete the form to unlock this article and...
Russian hacker Andrei Tyurin, who helped carry out an attack on J.P. Morgan Chase, among other companies, has been sentenced to 12 years in prison, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Customers of Simple Bank are receiving emails telling them the bank is closing and that the intent is to transfer them to BBVA, a report from Talk Android says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
