Virginia’s Chesapeake Bank has joined The Clearing House’s Real-Time Payments (RTP) network, showing that smaller community banks have joined the new trend of enabling instantaneous payments and receipts for customers, a press release said. The move will also allow the bank to access advanced messaging capabilities....
We’ve all heard the phrase “sing for your supper” — an allusion to days of yore where minstrels traveled the land. The best way for them to get the local nobleman to offer up a meal and a place to stay for the night was to butter...
Universality is, well, universally, desired in business — particularly when it comes to technology and especially when it comes to person-to-person (P2P) payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In an effort to provide complete management of foreign exchange risk, financial solutions provider Profile Software rolled out its Acumennet eFX offering. The technology was created to help bank agents, digital channels, branches and customers handle their foreign exchange risk in an effectual as well as...
Norway celebrated this week as it reopened its borders to the rest of the Nordic region. 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 our daily...
In today’s top news, Congress is considering passing another round of PPP loans for certain small and medium-sized businesses (SMBs), and Alibaba and JD.com recorded record sales figures in their annual 618 shopping event. Plus, DoorDash is raising $400 million, valuing the company at $16...
While questions linger over the 2020 sports season, that hasn’t stopped DraftKings from upping its previously announced initial public offering (IPO) to 40 million shares of stock. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In what is said to be one of the final investments prior to the trading of its shares publicly, Palantir Technologies Inc. notched $500 million in funding from Sompo Japan Nipponkoa Holdings Inc. The infusion reduces the need for the data firm, which Peter Thiel...
The world of payments and commerce continues to be a very busy place as the world reopens for business and consumers emerge with new preferences. How to meet those preferences profitably has become the focus for both commerce and financial services. Yann Ranchere, partner at Anthemis...
