With the rollout of its own competing service, the Chinese firm behind the popular TikTok video app is set to rival players such as Apple and Spotify in the music streaming market. ByteDance is in discussions with the biggest record companies around the world for...
Walmart-owned Sam’s Club has appointed Kathryn McLay to serve as president and chief executive officer, replacing John Furner, who this month succeeded the departing Greg Foran as Walmart U.S. CEO, Fox Business reported on Friday (Nov. 15). Get the Full Story Complete the form to...
Cybersecurity experts are warning that the next year, and beyond, will continue to present an elevated threat level to businesses at risk of payments fraud — and governments are taking steps to react accordingly. Get the Full Story Complete the form to unlock this article...
With open banking business models inspiring FinTech innovators to explore other use cases for data integrations, the B2B financial services market has seen a swath of collaboration between traditional financial institutions and FinTech firms — and between FinTech firms themselves. Though not a new technology,...
U.S. Bancorp subsidiary Elavon is acquiring U.K. payments gateway Sage Pay for $300 million, according to reports on Monday (Nov. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Consumers with poor credit and a lack of savings have few good borrowing alternatives when unexpected expenses arise. In the new Faster Payments Tracker, DecisionLogic CEO David Evans says real-time data tools could make a difference (by using cash flow as a proxy for subprime...
It was the gasp heard ‘round the world last week. 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 completing this...
Damon Runyon — the American author who created characters like Sky Masterson, immortalized in “Guys and Dolls,” and enamored with rolling the dice — once wrote: “The race is not always to the swift, nor the battle to the strong, but that’s the way to bet.”...
The infrastructure is in place for real-time payments. Peer-to-peer (P2P) transactions are setting the stage for wider acceptance of paying bills and conducting commerce 24/7. Craig Ramsey, head of real-time payments at ACI Worldwide, lays out how digital overlays and real-time rails will be ready...
