U.K. challenger bank Metro Bank has joined the Pay.UK-operated Bacs and partnered with Boston payments firm Bottomline Technologies to enable direct debits for small to medium-sized businesses (SMBs), Metro announced on Wednesday (Feb. 5). Get the Full Story Complete the form to unlock this article...
Australian regulators are considering whether it is necessary to stop banks from automatically routing “tap and go” card payments through Visa and Mastercard, when retailers could be using EFTPOS, which is a local payment network that is cheaper, according to a report by Reuters. Get...
In today’s top payments news, former Bank of France Governor Christian Noyer said a centralized, global eCurrency is still at least a decade away, the U.S. economy could lose $10.3 billion to the Chinese travel ban and Visa plans the biggest interchange fee revamp in...
There’s the lure, the deal – and then, perhaps, the “what now?” 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. By...
FinTech unicorn Airwallex is partnering with Visa to introduce a borderless card for businesses, the companies announced on Wednesday (Feb. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Australian logistics company Toll has been forced to disable its systems and use non-digital processes after a ransomware attack on Friday (Jan 31) caused delays throughout the country, according to a report by ZDNet. Get the Full Story Complete the form to unlock this article...
When you’re competing with Amazon it helps to have strength in numbers. That’s the thinking behind this week’s merger between two eCommerce site search players, Searchspring and Nextopia. As the new venture goes to market, it will focus on bringing differentiated brand experiences to its...
With the infrequent closing of one of its stores, IKEA is expected to shutter a British location as the retailer says the store had a “substantially lower” number of shoppers than first forecast. The Coventry location had regularly notched losses as of its 2007 opening, with customers...
With digital sales rocketing by 78.3 percent and accounting for 19.6 percent of sales, Chipotle Mexican Grill reported a comparable restaurant sales increase of 13.4 percent for the fourth quarter. The quick-service restaurant (QSR) company opened 80 new restaurants, with the inclusion of one relocation, and closed...
