News

International
Non-Banks In Singapore To Get Access To Real-Time Payment Rails
November 30, 2020

Non-bank lenders in Singapore will soon be granted access to the country’s digital payments platforms PayNow and FAST, according to a statement from the Monetary Authority of Singapore (MAS), the country’s central bank, on Monday (Nov. 30). Get the Full Story Complete the form to...

Retail
Former Saks CEO Sadove Says Physical Retail Will Transform To Survive
November 30, 2020

The 2020 holiday shopping season will be an unusual one in many respects. That’s a reality observable on Black Friday, where in-store sales were nearly literally cut in half — down 52.1 percent, according to preliminary data from Sensormatic Solutions. However, online sales bounced up...

B2B Payments
FinTechs Prove Their Value During Pandemic
November 30, 2020

At a time when surging coronavirus counts are once again muddying the outlook for consumers and business owners, MerchantE Chief Financial Officer Shim Steinmetz says the crisis has also provided a silver lining of sorts to nimble FinTechs that can solve merchants’ cash crunch problems....

Retail
NEW DATA: Black Friday 2020: COVID-19 Steepens Physical Retail’s Long Slide
November 30, 2020

The divide between digital and brick-and-mortar commerce hit a tipping point this holiday season, with more consumers than ever going online to kick off their holiday shopping sprees. Three out of every four consumers who shopped for their holiday purchases on Black Friday this year...

B2B Payments
Emirates NBD Debuts Omnichannel Corporate Banking Program
November 30, 2020

Digital banking firm Emirates National Bank Dubai (Emirates NBD) has rolled out its new businessONLINE platform, a new omnichannel platform for small businesses, a report from NSBanking.com says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Hack Of C-Suite Email Addresses Portends Surge In BEC Fraud
November 30, 2020

A hacker is reportedly selling information from hundreds of C-suite executives’ Microsoft-based email accounts, according to a report from Engadget. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Wearable, Hearable, Attachable, Trackable: Omni-Connected Tech Gadgets Are Booming
November 30, 2020

Whether you want to track your run times, monitor your sleep or try to avoid a sunburn, the market for wearable technology is growing and evolving as companies large and small try to cash in on one of the holiday season’s hottest segments. Get the...

B2B Payments
Australia Could Debut Compulsory eInvoicing
November 29, 2020

In Australia, the government could be looking at mandatory eInvoicing for companies, according to a report by Accountants Daily. 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...

B2B Payments
Yoba Smart Money, Nets Partner On SMB Payments
November 29, 2020

Tech company Yoba Smart Money is working with Nets, a European payments services provider, to debut a new payment service for small- to medium-sized businesses (SMBs), according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...