News

B2B Payments
RedCloud Launches OCR-Driven Payment Solution
November 04, 2019

RedCloud Technologies has announced the launch of its optical character recognition (OCR) driven digital collections and reconciliation payment solution. 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...

B2B Payments
SMB Lending In Australia After Lending Standards Are Waived
November 03, 2019

Australia is making small business lending easier by waiving responsible lending standards for small firms. 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,...

B2B Payments
CYBG Officially Renamed As Virgin Money UK
November 01, 2019

British financial institution CYBG was bought by Virgin over a year ago, and on Thursday (Oct. 31), it was renamed Virgin Money UK. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Moody’s Predicts Difficult Retail Landscape, Lowers Profit Forecast
November 01, 2019

A new report by Moody’s Investors Service predicts that growth for retailers will slow due to the costs of integrating eCommerce with brick-and-mortar operations as well as increasing price wars between companies, according to a report by CNBC. Get the Full Story Complete the form...

Retail
Walmart Amazon Whole Paycheck Tracker: Payments, Perks And Omnichannel Expansion
November 01, 2019

The pumpkins are gone, the Christmas lights are starting to appear and Black Friday sales have started despite the fact that according to the calendar Black Friday won’t be happening for another 28 days. But November has officially arrived and with it the unofficial start...

Payment Methods
A Day In The Life Of The Bridge Millennial
November 01, 2019

After three years of intensive research into the connected shopping habits of more than 5,000 U.S. consumers, PYMNTS published its third annual How We Will Pay Study in September, in collaboration with Visa. We tracked how consumer shopping habits have evolved with the release of...

News
Top News In Payments: Paidy Notches $143M In Funding; UK Legislators Want First-Time Payments Delay
November 01, 2019

In today’s top payments news, Japan’s instant credit startup Paidy notched $143 million in a Series C extension funding round. Also, legislators in the United Kingdom want a mandatory 24-hour waiting period on all first-time payments between bank accounts as a way to reduce fraud....

Retail
Adobe: Online Sales To Soar 14 Pct. In 2019 Holiday Season
November 01, 2019

In releasing predictions for the holiday online shopping season, Adobe said total online spending will increase by 14.1 percent, which is a total of $143.7 billion, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
South Korea Starts Pilot-Launch Of Open Banking System
November 01, 2019

South Korea has started a pilot-testing program for open banking, according to a release. The company started testing on Wednesday (Oct. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...