News

News
Apple Pay And A Decade Of Innovation Top Payments News This Week
October 25, 2019

What a week it’s been! And the PYMNTS Weekender is here to make sure you didn’t miss anything. We have deep, data-supported dives on Apple Pay, the outlooks for payments innovation in the 2020s, web sales taxes and Amazon’s holiday shopping season news. Get the...

B2B Payments
IRS Questioned Over Corporate Auditing Lag
October 25, 2019

The U.S. Treasury Inspector General for Tax Administration is calling into question the Internal Revenue Service’s corporate auditing performance. 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...

IPO
Beijing’s WeWork Rival Ucommune To Go Public In US
October 25, 2019

Ucommune, a China-based coworking WeWork rival worth about $3 billion, is going to file an initial public offering (IPO) in the United States this year, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article and...

News
Top News In Payments: Citigroup Names Consumer Banking Exec, QuickQuid Expected To Close
October 25, 2019

In today’s payments news, Citigroup veteran Jane Fraser was named to head up the company’s consumer banking division. Also, the U.K.’s largest payday lender, QuickQuid, is expected to close its doors by the end of the year. And Visa posted fiscal Q4 earnings results that surpassed expectations. Get the...

B2B Payments
Big Four Seek Guidance On Trade Finance
October 25, 2019

Top accountancy firms are asking the Financial Accounting Standards Board (FASB) to clarify how corporates should report on supplier finance programs that are in place, according to Compliance Week reports on Friday (Oct. 25). Get the Full Story Complete the form to unlock this article...

Investments
Housing Savings Startup StepLadder Raises £1.5M
October 25, 2019

A London-based startup named StepLadder, aimed at helping the millennial generation afford a down payment for a house in the U.K., has raised £1.5 million in seed funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross-border Payments
Amex, Nova Offer Global Transfer Of US Credit Reports
October 25, 2019

American Express has partnered with Nova Credit, a credit reporting startup that operates across borders, to give expatriates and immigrants the ability to share their previous credit scores with American Express when applying for a credit card. Get the Full Story Complete the form to...

Retail
How FinTechs Enable Split-Tender Transactions With Loyalty Points
October 25, 2019

FinTech firms are keeping a pulse on how merchants retain their customers — and how they can help them with those strategies through technology. One of the ways organizations such as airlines keep customers returning, Modo CPO Ryan Lee told PYMNTS in an interview, is through a...

Retail
Retail Pulse: Sobeys Tests Intelligent Shopping Cart; Amazon Expands Counter Service
October 25, 2019

Brick-and-mortar retailers are testing intelligent shopping carts that are billed as a way to improve the in-store experience. Canadian food retailer Sobeys, for instance, is bringing the technology to grocery stores with the rollout of the Sobeys Smart Cart, which will offer shoppers a “highly engaging,...