News

B2B Payments
FIS President: B2B Payments Transformation Needs Strong Value Proposition
October 30, 2020

With the worst of the COVID crisis hopefully behind it, financial services giant FIS is now on the lookout for something that will utilize its now fire-tested ability to respond quickly to customers’ changing needs. Get the Full Story Complete the form to unlock this...

Payments Innovation
Visa And YellowPepper Come Together To Fight Payments Fragmentation In LATAM
October 30, 2020

The world of payments products and behavior has advanced tremendously over the past 15 years, but that wave of innovation has had an unfortunate side effect — the incredible amount of fragmentation and oddly isolated behaviors. Ruben Salazar, head of innovation and products for Visa...

B2B Payments
EAF: New B2B Payment Tech Expedites Disaster Relief
October 30, 2020

Companies that have not digitized their B2B or other payment processes are still adjusting to the ways that the ongoing pandemic has changed routine operations. Manual or paper-based processes can add more time to payments that many companies can no longer afford. Get the Full...

Investments
Stablecoins: Bitcoin’s Cousin Fights For Respect
October 30, 2020

At a time when hundreds of cryptocurrencies are battling alongside bitcoin to earn the trust and mass embrace of consumers, business and banks, their digital cousins in the stablecoin market remain comparatively scarce. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Report: Accounting Firms Turn Down Greensill Auditing Role
October 29, 2020

A number of large accounting groups have turned down requests to audit Greensill Capital as the SoftBank-backed firm mulls a stock market listing, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Partnerships / Acquisitions
Indonesian Wireless Network Telkomsel Eyes Investing $150M In Gojek
October 29, 2020

Indonesia’s biggest wireless carrier, state-owned Telekomunikasi Selular, is considering buying $150 million of convertible bonds issued by ride-hailing startup Gojek, Bloomberg reported, citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Global Payments
World Bank Sees Remittance Flows Shrink Amid Pandemic
October 29, 2020

The pandemic is affecting the amount of money migrant workers can send home, with remittances projected to drop 7 percent this year to $508 billion and forecasted to drop a further 7.5 percent by 2021, according to a statement  from the World Bank Thursday (Oct....

B2B Payments
Pleo Launches Expense Management Tool Pleo Pocket
October 29, 2020

Pleo is offering new services bundled under the brand Pleo Pocket that will make it easier for businesses to centralize financial information, according to a blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Walmart Chile Sued By Association Of Suppliers
October 29, 2020

The Chilean unit of Walmart Inc. has been sued in Chile by suppliers alleging anti-competitive practices, Reuters reported. 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...