News

B2B Payments
Banks’ Biggest Real-Time Liquidity Challenges
January 23, 2020

Faster and real-time payments capabilities continue to proliferate in the global financial services arena, and consumers aren’t the only beneficiaries of the trend. Corporates, too, are beginning to explore opportunities in real-time transactions in areas like payroll and intra-company payments. Get the Full Story Complete...

B2B Payments
Payment Tools Find Middle Ground Between Buyer, Supplier
January 23, 2020

As more accounts receivable (AR) and accounts payable (AP) solution providers consider the other side of a B2B transaction, businesses increasingly discover that payment methods are an important part of finding middle ground between buyers and suppliers. Get the Full Story Complete the form to...

Security & Fraud
OCC Prepares Civil Suit Against Former Wells Fargo Executives
January 23, 2020

A Wells Fargo regulator is planning to slap former company executives with civil charges associated with their position in its retail banking scandals, people familiar with the matter told Bloomberg on Thursday (Jan. 23). Get the Full Story Complete the form to unlock this article...

Delivery
FedEx Officially Launches Sunday Delivery
January 23, 2020

FedEx Ground has expanded home delivery to include Sundays, the company announced Wednesday (Jan. 22).  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,...

Regulation
EU Countries Gain Ability To Exclude ‘High-Risk’ 5G Suppliers
January 23, 2020

New guidelines from the European Union (EU) allow for countries to restrict or exclude “high-risk” 5G providers from important parts of their telecom networks, according to Reuters. The news means that Chinese 5G provider Huawei Technologies could be affected.  Get the Full Story Complete the...

Partnerships / Acquisitions
WeWork Unloads Business Software Company In Pursuit Of Profits
January 23, 2020

WeWork has sold its business management software company Teem and also the minority stake it had in startup The Wing, to focus its business going forward. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Partnerships / Acquisitions
Helbiz eScooter Sharing App Taps Alipay For Mobile Payments Offering
January 23, 2020

Micro-mobility giant Helbiz announced a partnership with mobile payments platform Alipay, which will allow customers a wider breadth of access to Helbiz’s eScooters, eBikes and other devices for easy riding through Italy. Get the Full Story Complete the form to unlock this article and enjoy...

International
PayPal, UnionPay Deal Expands Chinese Cross Border Commerce
January 23, 2020

This week, global luxury brands have seen their stock prices take a sharp hit as reports emerge that a coronavirus with origins in China’s Wuhan region is spreading rapidly and has made its first appearance on U.S. shores. Burberry, LVMH, Richemont and Gucci owner Kering had...

Investments
Canapi VC Firm Commits $545M To Boost FinTech Startups
January 23, 2020

Venture capital firm Canapi Ventures announced $545 million in funding that will serve as its inaugural venture capital funds, gleaned from a sizable investor base. Canapi Ventures, which specializes in early to growth-stage FinTech companies, will be working to provide funds to a new generation of...