News

Payment Methods
Have Pillow, Will Trade? How Digital Is Stirring A New Age Of Bartering
November 09, 2019

What’s old, of course, always becomes new again. That holds especially true this month for the prehistoric practice of bartering. Indeed, it never really went away, even as digital payments took over more of daily consumer life and as entrepreneurs continued trying to push cash...

News
Apple Card Growth, Flywire Hire and B2B Changes Top Week’s News
November 08, 2019

Are you ready for the weekend? We sure are. But here at the PYMNTS Weekender, we want to make sure you didn’t miss any important news this week. Flywire made a big hire, and Congress seems to be going after algorithms. Not only that, but...

IPO
China To Update Rules To Lure More Public Tech Listings
November 08, 2019

China has changed some IPO rules to entice more tech companies to list publicly in the country, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Mattress Manufacturer OMI Teams With Fundbox For Business Credit
November 08, 2019

Organic mattress manufacturer OMI has teamed with Fundbox to offer 60-day, interest-free financing on purchases with a maximum of $100,000 in order to offer a new business credit platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Faster Payments
FTC Head: Fed Needs Real-Time Payments Mechanism
November 08, 2019

Federal Trade Commission (FTC) Commissioner Rohit Chopra wrote a letter to the Federal Reserve saying projects like Libra (Facebook’s proposed cryptocurrency) illustrate the need for the bank to develop a real-time payments service, according to reports. Get the Full Story Complete the form to unlock...

News
Top News In Payments: Wells Fargo Appoints Public Affairs Exec; CloudKitchen Gets $400M Investment
November 08, 2019

In today’s top payments news, Wells Fargo has appointed William M. Daley, a former White House official, to the position of vice chairman of public affairs. Also, delivery startup CloudKitchens has notched a $400 million investment from Saudi Arabia’s Public Investment Fund (PIF). And Amazon Ring fixed...

Banking
BoA Corporate Client Completed $1.6B Mobile Payment
November 08, 2019

Bank of America offers its corporate clients a unique perk. They can make payments in the billions of dollars on smartphones using the bank’s CashPro app, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...

Payment Methods
Mastercard Introduces True Name Feature On Cards
November 08, 2019

Mastercard has announced it will start offering a True Name feature, so that transgender and non-binary persons will be able to have their true names on their cards with having to go through a legal name change, according to a release. Get the Full Story...

Banking
Greek Competition Regulators Raid Banks In Collusion Probe
November 08, 2019

An independent competition authority in Greece has raided a number of major Greek banks over an investigation into collaboration between the institutions, according to a report by Reuters.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...