News

Retail
Mail.ru And Sberbank To Back Joint eCommerce Platform
July 25, 2019

As eCommerce sales in Russia gather pace, internet firm Mail.ru and Sberbank plan to invest up to $1 billion or 64 billion rubles in a new taxi services and food delivery joint platform. The joint venture is said to compete with Uber and Yandex.Taxi, Reuters...

B2B Payments
Amex Refunds $1.6M To SMBs Hit By Forex Fee Hikes
July 25, 2019

American Express is refunding some of its small business foreign exchange (forex) clients following an investigation into claims that the company misrepresented foreign currency conversion rates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
India’s Jana Bank Left KYC Customer Data Exposed
July 25, 2019

A so-called “small finance” bank in India has reportedly left sensitive data on 2.6 million of its customers exposed without password protection, according to Security Discovery reports this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
The Employer’s View Of Early Wage Access
July 25, 2019

There is a new normal in the workforce: a younger generation of professionals that prioritize flexibility and technology. Giving rise to the gig economy and a new face of freelancing, these professionals are changing the way employers work, too, including how they pay these workers....

B2B Payments
Source Intelligence Eyes AI For Supply Chain Compliance
July 25, 2019

When it comes to regulatory compliance, no corporate is an island. 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...

B2B Payments
Starling Bank Launches Multi-owner Accounts For Larger SMBs
July 25, 2019

U.K. challenger bank Starling Bank has introduced a new feature to let multiple business owners access a single account. 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...

B2B Payments
Sweep Swoops Into Startup Expense Management Market
July 25, 2019

A new corporate expense management company, Sweep, officially launched Wednesday (July 24), targeting startups and small businesses with automated spend tracking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
How BBVA Is Using AI To Fight Against AI-Armed Fraudsters
July 25, 2019

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News
PayPal’s Q2 Rattles Investors
July 25, 2019

Product integration delays sent PayPal shares into a slump with growth forecasts below estimates — a top line hiccup, according to management — not lost sales.  Underneath the hood, other cylinders are firing for the long term as 24 percent payments volume growth and 17...