News

B2B Payments
Keeping A Forward-Looking View In FinTech Adoption
January 08, 2021

For many businesses, the sudden shift to a work-from-home model created chaos. Organizations large and small were forced to migrate to online and cloud-based solutions to keep operations moving, often with significant friction. Get the Full Story Complete the form to unlock this article and...

B2B Payments
SMBs (And Their Lenders) Rethink Their Financing Strategy
January 08, 2021

There’s no doubt that the small business community is facing a period of immense tribulation. In addition to navigating forced shutdowns and supply chain disruptions, business owners are now tasked with making some difficult decisions about how to keep their business alive, or whether to...

International
China’s Cyberspace Watchdog Mulls Stricter Online Oversight 
January 08, 2021

The Cyberspace Administration of China is considering a revamping of internet oversight regulations, rules that have not been updated in more than 20 years, according to a Reuters report on Friday (Jan. 8). Get the Full Story Complete the form to unlock this article and...

Retail
‘Ubiquity Of Access’ Drives Growth At Rent-A-Center’s Preferred Lease Unit
January 08, 2021

At a time of huge digital transformation when consumers have quicker access to more products and services than ever, why be clunky if you can be seamless? So goes the thinking of Jason Hogg, the recently hired executive vice president of the Preferred Lease unit...

Payment Methods
New Year’s Resolution: The Clearing House Urges Banks To Become 24/7 Operations
January 08, 2021

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...

International
US Trade Representative’s Office Suspends Tariffs On French Goods
January 07, 2021

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...

International
Today In Payments Around The World: Ant Eyes Credit Unit Overhaul; FCA Releases Pandemic Resiliency...
January 07, 2021

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...

Bitcoin
Bitcoin Daily: South Korea’s 20 Pct Crypto Tax To Start In 2023; Bitcoin Shoots Above...
January 07, 2021

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 —...

B2B Payments
ActiveWorx Introduces B2B Payments Offering On AP Platform
January 07, 2021

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...