News

Digital Banking
Singtel, Grab Team Up To Launch Digital Bank In Singapore
December 30, 2019

Singtel and Grab are looking to consolidate their powers to create a new digital bank for the people of Singapore, they announced in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Faster Payments
A Faster Payments Fix For School Invoice Woes
December 30, 2019

Despite the demonstrated benefits, the adoption of real-time payments has not been, well, particularly speedy. Many businesses cite the lack of ubiquity and high upfront costs for their halting shift to digital payment solutions. Still, the need for speed, convenience and safety is universal and...

B2B Payments
For SMBs, Using Spend Management Tech To Plug Costly Expense Leaks
December 30, 2019

To keep the bottom line buoyant, healthy and in the black: 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...

Retail
Reinventing Retail’s ‘Anchor Store’ For The Omnicommerce Age
December 30, 2019

That Amazon is a widely lionized yet simultaneously imitated force in retail is not surprising. Ever since Amazon introduced a one-click checkout, a loyalty program that people willingly paid for, two-day shipping that has compressed to same-day delivery, attempts at reinventing retail by everyone in...

B2B Payments
Closing The Bank/Middle Market Commercial Card Gap
December 30, 2019

The middle market can be an ideal corporate customer for a financial institution (FI). 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...

Artificial Intelligence
Samsung To Launch ‘Artificial Human’ Called Neon
December 30, 2019

Samsung disclosed that it will introduce an “artificial human” called Neon at CES 2020 on Jan. 7 that is totally different than its artificial intelligence (AI) assistant Bixby, Digital Trends reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Russian Central Bank Developing Business Debt-Risk Prevention Strategy
December 30, 2019

The Russian central bank is in the process of introducing debt guidelines to help companies stave off widespread risk as early as possible, Elizaveta Danilova, head of the bank’s financial stability department, told Reuters. Get the Full Story Complete the form to unlock this article...

Digital Banking
Monzo’s Cash Burn Sets Stage For Big Capital Raise In 2020
December 29, 2019

As online banking continues rapidly evolving, ahead of another anticipated round of funding next year, digital challenger bank Monzo remains in discussions to secure as much as £100m in upcoming weeks. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Wyze Smart Device Co Leaks 2.4M Customers’ Data
December 29, 2019

Internet of Things (IoT) vendor Wyze announced a server leak that exposed the data of 2.4 million customers from Dec. 4 to Dec. 24. The leak was the result of an internal database — the Elasticsearch system — being unwittingly exposed online, Wyze Co-founder Dongsheng...