To speed up start-to-finish trade finance process automation, Kofax has rolled out its new Trade Finance Solution with a “low-code” and modifiable structure. The technology automates the handling of hard copy and electronic trade transaction paperwork, which enables banks and other financial institutions (FIs) to...
Hours after Wirecard AG’s former CEO was arrested, German Finance Minister Olaf Scholz said lawmakers must tighten regulations because the payment services company has embarrassed the nation’s financial watchdog, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In today’s top news, former Wirecard CEO Markus Braun was arrested Monday night over the firm’s recent accounting fraud scandal, and Airbnb’s CEO is again mulling a potential initial public offering (IPO). Plus, Amazon’s Big Style Sale runs this week. Get the Full Story Complete...
Instagram has taken what could be a big step toward expanding access to its shopping platform at a time when rivals of the Facebook subsidiary are moving broaden and diversify their own revenue streams. Get the Full Story Complete the form to unlock this article...
Amid Wall Street’s gyrations and the search for the next great tech unicorn: 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 newsletter, PYMNTS Today....
Two of the largest mall owners in the United States are teaming up on a bid to buy one of their key anchor tenants, bankrupt JCPenney. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Texas-based 7-Eleven is hoping that combining contactless payment options, its 7Rewards loyalty program and added “Fuel Loyalty” savings at the pump will help drive a boost in sales as the summer vacation season heats up. Get the Full Story Complete the form to unlock...
Some of the largest online and brick-and-mortar retailers in the United States have spent more than $7 billion for everything from Plexiglas partitions and face masks to extra pay since the coronavirus crisis hit in March. Get the Full Story Complete the form to unlock...
The outbreak of an unprecedented global health pandemic hit the world of retail like a meteor, flattening everything in its immediate path, and more gradually choking out the rest with the cloud of dust kicked up by its impact – in this case, a cloud...