Corporate profits are at all-time highs and the markets are mad bullish. So why are companies “borrowing” $1.6 billion a month from employees, in the form of business expenses being paid with personal monies and reimbursed later? It’s an excellent question, and one that virtual...
Chinese banks are easing loan requirements in an attempt to stimulate a stalled economy and fulfill the government’s goal to increase small business lending by 30 percent, the Financial Times reported on Sunday (Dec. 29). Get the Full Story Complete the form to unlock this article and...
Digital banking and payments firm i2c is partnering with borderless digital payments platform Wirex to introduce a multicurrency travelcard for customers in the Asia-Pacific (APAC) region, Wirex announced on Sunday (Dec. 29). The hybrid personal banking alternative enables people to use crypto, as well as...
The Open Banking business model has derived mixed reactions from the financial services market, and without a regulatory mandate in the U.S., it’s not entirely clear how deeply the data sharing strategy will proliferate. Get the Full Story Complete the form to unlock this article...
This year, B2B payments technology made strides toward speed, transparency and efficiency as service providers took advantage of a massive market opportunity: corporates’ payment demands are growing more sophisticated, yet they continue to rely on checks and legacy tools. Get the Full Story Complete the...
Today (Dec. 30), PayPal President and CEO Dan Schulman announces a tie-up with Latin American eCommerce conglomerate Mercado Libre, which sees PayPal and Mercado Libre’s ePayments offering, Mercado Pago, adding support for each others’ online payment acceptance capabilities. Their collaboration reflects the rising importance of...
Digital payments firm PayPal is turning to Latin America to strengthen its position in the eCommerce payments and remittance arenas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Japanese business to business (B2B) payments firm JCB is partnering with Singapore blockchain technology provider Keychain to capitalize on using blockchain in the payments space, JCB announced in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Gift returns have become a holiday tradition in the U.S., with consumers anticipated to send back a record $100 billion worth of unwanted goods bought this year between Thanksgiving and Christmas, The Financial Times reported. Get the Full Story Complete the form to unlock this...
