The jury is still out on the future of opening banking in the U.S. Without a regulatory mandate, many in the financial services and FinTech space believe that competition will — and already has — nudged the industry toward embracing data integrations across platforms and...
The Bank of Lithuania has suspended the majority of activities of payments company SatchelPay, reports said Tuesday, barring the Lithuanian company from issuing electronic money or providing part of its payment services. Get the Full Story Complete the form to unlock this article and enjoy...
China’s economic slowdown and the increasing severity of its trade war with the U.S. has small businesses struggling to pay bills on time, The New York Times reported Tuesday (Aug. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Business payments technology firm Bottomline Technologies has rolled out a suite of services for banks to elevate their customer engagement with corporate services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Hong Kong Monetary Authority is set to launch the second phase of its Open API project. Separately, digital banking in Europe eyes corporate clients, and cloud banking gets an FI adherent.
The former chairman of the Australian Securities and Investments Commission has warned of Enron-style corporate collapses thanks to failings of the nation’s auditing industry, according to ABC.net news reports this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
About two years since launching its small business bank account service, challenger bank Penta announced new funding. 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...
The intensifying U.S. trade war with China has triggered an economic slowdown and cash shortage, with Chinese businesses forced to accept IOUs, The New York Times reported on Wednesday (Aug. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Snap, the money-losing parent company of Snapchat, is issuing $1 billion in convertible debt for working capital and future acquisitions, CNBC reported Tuesday (Aug. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...