News

Payments Innovation
Pandemic-Proof Finance Operations Are Cloud-First And Global
July 27, 2020

“Once a business solves its digital transaction processing issues, they need to start considering how to efficiently and effectively go global. The world economy won’t wait for the U.S. to recover.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Target Takes Big Step To Close On Thanksgiving Holiday
July 27, 2020

Target said in a press release on Monday (July 27) that, as part of its holiday shopping and COVID-19 plans, it will close on Thanksgiving. The chain’s move follows Walmart’s announcement that it will also close stores on that same holiday. Get the Full Story...

B2B Payments
Democratizing FinTech Development Without Compromising Compliance
July 27, 2020

Though applications of the U.K.’s open banking framework have grown more diverse since its launch in 2018, the initial excitement behind the regulatory initiative was its opportunity to lower barriers to market entry for new FinTechs, and to augment competition in the financial services world....

B2B Payments
The Invoice Lands In The Corporate Cyber Fraud Spotlight
July 27, 2020

Although there are countless ways a cybercriminal can swindle funds from a company — either from the outside or within — it’s often the invoice at the center of the crime. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Mobile Commerce
Movile CEO On Building Latin America’s Mobile-Commerce Ecosystem
July 27, 2020

That a market is massive and emerging as a target for digitization, does not necessary mean it will be an easy target to pursue — a lesson learned the hard way by Facebook in June when regulators hit the pause button on its adding payment...

Retail
Shellfish Industry Turns To DTC To Boost Profits
July 27, 2020

As the U.S. shellfish industry was headed into 2020, the big concern was climate change. People who made their living in the business were worried that higher ocean temperatures would increase algae blooms and therefore be a destructive factor in the care, farming and feeding...

Security & Fraud
German Central Bank Seeks Tighter Change Post-Wirecard ‘Scandal’
July 27, 2020

For the second time in four days, a high-ranking German regulator has called for major changes in response to the Wirecard scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Europe
EU Banks Prep For $26B In Q2 Loan Losses
July 26, 2020

European banks are preparing to take huge losses on their loans as COVID-19 keeps taking its toll on financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Avanti Plans Real-Time Settlement Solution For Corporate Treasurers
July 26, 2020

Avanti Financial Group said in a press release that it could begin operating as a bank as early as October and plans to offer a real-time settlement solution for corporate treasurers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...