News

B2B Payments
FinServ Providers Lift Some Of B2B’s Fraud Burden
December 02, 2019

As B2B fraud threats like the business email compromise (BEC) scam or internal employee theft continue to grow for businesses large and small, experts are urging business owners and executives to take the lead in combatting fraudsters. Get the Full Story Complete the form to...

B2B Payments
How Faster Payments And Faster Data Drive Payroll Innovation
December 02, 2019

Shifting employee landscapes, changes in workers’ demands over how and when they get paid, and technological innovation have combined to open the floodgates for payroll FinTech. However, a rise in new service providers has added opportunity for industry consolidation, with payroll companies finding acquisitions a...

B2B Payments
Data Silos’ Prolific Impact, From Inventory To AP
December 02, 2019

Inventory management and procurement processes can be tricky enough for a retailer selling on a single platform. But once their operations expand to include a multichannel sales model, a lack of transparency and efficiency can cause bottlenecks at processes from warehousing up through accounts payable....

Security & Fraud
Deutsche Money Laundering Probe Accelerated
December 02, 2019

The U.S. Department of Justice (DoJ) has accelerated its probe into Deutsche Bank’s participation in a $220 billion Danske Bank money laundering scheme, Reuters reported on Monday (Dec. 2), citing four sources. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Goldman’s Investor Day To Divert Focus From Consumer Banking
December 02, 2019

The first-ever Goldman Sachs Investor Day planned Jan. 29 won’t include rigid profit goals but instead will focus on growth strategy and transparency across its business sectors, The Financial Times reported on Sunday (Dec. 1), citing sources. Get the Full Story Complete the form to...

Biometrics
Leaked Documents Show UN Facial ID Tenets Framed By China
December 02, 2019

Technology firms in China are framing facial recognition policies at the United Nations (UN), The Financial Times (FT) reported on Sunday (Dec. 1), citing leaked documents.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Cyber Monday Sales Expected To Rise 19 Pct YOY
December 02, 2019

Cyber Monday is tracking to break eCommerce records and possibly go down in history as the biggest day ever for online sales in the U.S., The Financial Times (FT) reported on Sunday (Dec. 1).  Get the Full Story Complete the form to unlock this article...

Investments
The Venture Investing Road Less Traveled: Funding Enablers, Not Challengers
December 02, 2019

High-flying tech unicorns have been brought to earth. Venture capital dollars chase Neobanks and alternative credit companies.  Commerce Ventures Founder Dan Rosen tells Karen Webster that the key to venture capital success lies not with disruptors, but with smaller tech enablers. These are smaller platforms and...

Retail
The Latest Retail Upsell: Insurance At The Point Of Sale
December 02, 2019

Every merchant is looking for an edge – a way not only to make more money, but also to hit on fresh methods for building customer loyalty and trust. As we look to a new decade and as payments technology advances, eyes are turning toward...