Migrating to the cloud is an imperative part of traditional financial institutions’ (FIs’) ability to compete with digital-native FinTechs. The technology lays the foundation for modern, agile products and services, with enough flexibility to evolve as market conditions and customer demands change. Get the Full...
Despite some positive key performance indicators delivered this week, the U.S. retail and economic recovery is still facing serious headwinds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
One of the unnamed jailed executives in the Wirecard scandal has reportedly admitted guilt to the multi-billion-dollar fraud and money laundering case, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
German market watchdog Federal Financial Supervisory Authority, or BaFin, has come under fire for its actions in the Wirecard scandal, as the regulator reportedly failed to investigate warnings about the payments firm and instead cast more scrutiny on accusers, The Wall Street Journal (WSJ) reported....
ACI Worldwide, which provides electronic payment and banking solutions, has added new digital overlay services that it says will help to speed up real-time payments, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
United Nations Federal Credit Union (UNFCU) has partnered with cross-border payment network Thunes in order to bring mobile wallet money transfers in local currencies to members, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
New York Gov. Andrew Cuomo is threatening to close down restaurants that are not following social distancing rules to stem the coronavirus, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
To let financial institutions (FIs) and issuers provide an automated accounts payable (AP) solution with their own branding to their corporate customers, Regal Software has rolled out its RegalPay B2B payments software, according to an announcement. Get the Full Story Complete the form to unlock...
As merchants on Amazon are encountering a high burden because of COVID-19, InstaPay is rolling out a new offering that provides payments to those selling on the platform each day. Amazon, for its part, reportedly provides payments to merchants roughly bi-weekly and holds back a...
