News

B2B Payments
SAP, R3 Back Blockchain For Real-Time Gross Settlement
October 25, 2019

Enterprise software firm SAP is teaming up with professional services firm Accenture and blockchain company R3 to develop a distributed ledger technology (DLT) solution that aims to accelerate the settlement of payments between banks and customers. Get the Full Story Complete the form to unlock...

B2B Payments
What eInvoicing Standardization Could Mean For AP Automation
October 25, 2019

As the U.S. Federal Reserve continues to make headway in promoting faster and real-time payments innovation and adoption, the body is simultaneously exploring a less flashy, but perhaps no less important, initiative that could similarly impact the B2B payments landscape. Get the Full Story Complete...

Cross-border Payments
UK Payday Lender QuickQuid Expected To Shutter By Year-End
October 25, 2019

The U.K.’s largest payday lender QuickQuid is expected to close its doors by the end of the year, The Financial Times (FT) reported on Thursday (Oct. 24).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Citigroup Taps Jane Fraser To Lead Consumer Banking Division
October 25, 2019

Citigroup veteran Jane Fraser was named to lead the company’s consumer banking division following an upheaval in the ranks that puts her next in line to become the chief executive officer (CEO), The Financial Times reported on Thursday (Oct. 24). Get the Full Story Complete...

Investments
Neo-Bank Current Lands $20M In Funding, Surpasses Half-Million Accounts
October 25, 2019

Current announced that it has closed a $20 million Series B round, bringing its fundraising total to $45 million. 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...

Banking
What The World Can Learn From New Zealand FinTech
October 25, 2019

New Zealand is a country that can be easy to overlook when it comes to FinTech. But the story of how payments are evolving there can offer lessons for the rest of the globe, along with glimpses of how the relevant technology might play out...

Retail
Survey: US Retailers Face Fraud, Currency Barriers In Global Online Sales
October 25, 2019

A new survey has found that the biggest obstacles hindering online retailers from doing business abroad is fraud prevention, and currency and payment processing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Barclays Will Allow Customers To Continue PO Cash Withdrawals
October 24, 2019

Barclays revealed that it will not withdraw from a partnership that allowed customers to withdraw cash at branches of the U.K. Post Office. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
Gojek’s New Co-CEOs Plan For Dual Listing, Expanded Market Share
October 24, 2019

Gojek, an Indonesia-based ride-hailing and payments company, has said it’s getting ready for a dual listing, and it’s looking for a larger share of the regional market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...