News

Partnerships / Acquisitions
Revolut To Extend Open Banking APIs To QuickBooks Users
October 30, 2019

Revolut for Business will now allow businesses registered in the U.K. to make a direct and secure connection into the Intuit QuickBooks Online accounting platform via Open Banking application programming interfaces (APIs). The collaboration — which marks the first time that Revolut has partnered with...

Faster Payments
Why Slow Payments Aren’t Necessarily Safer Payments
October 30, 2019

As of late 2019, there are few people left who need to be talked into the “why” of instant payments — that case has already been well made. Ingo Money EVP and CPO Lisa McFarland told Karen Webster for the latest edition of the PYMNTS...

B2B Payments
Citi Explores The Real-Time User Experience
October 30, 2019

The payments industry has been riding the wave of shifting consumer habits and demands, placing the end-user experience at the forefront of new products, services and infrastructure. Those users, both consumers and businesses, aren’t just demanding choice, however. Get the Full Story Complete the form...

Retail
Walmart’s Daniel Eckert On Why TailFin Is Retail’s Next Big Thing
October 30, 2019

Worlds are colliding when it comes to payments and commerce. One of the most recent examples of that movement comes from Walmart, the venerable retail chain locked in mortal combat with Amazon, and Green Dot, the 20-year-old payment services provider that has managed to not...

Investments
Fountain Lands $23M To Grow Job Platform For Gig Workers
October 30, 2019

Fountain, a recruiting platform for gig and hourly workers, announced that it has closed a $23 million Series B funding round led by DCM. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Small Business Lawsuit Against RBS’s Restructuring Unit Begins
October 29, 2019

A trial has begun against the financial institution Royal Bank of Scotland (RBS) brought by a small business owner and former RBS client suing the bank for damages related to RBS’s disgraced Global Restructuring Group (GRG). Get the Full Story Complete the form to unlock...

Banking
Marqeta Reserve Gives Issuers Options To Prefund Digital Card Programs
October 29, 2019

Marqeta, a card issuing platform, has introduced a new service called Marqeta Reserve Financing, which is designed to help businesses incorporate a reserve financing option into their workflow, according to a release. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
Jack Henry’s Payments Hub Connects 15 FIs To RTP Network
October 29, 2019

The Clearing House (TCH) reported that 15 Jack Henry & Associates financial institutions (FIs) will use JHA PayCenter to connect to the RTP network, TCH said in a press release on Tuesday (Oct. 29). Get the Full Story Complete the form to unlock this article...

Partnerships / Acquisitions
Walmart, Green Dot To Develop FinTech Accelerator With Omnichannel Focus
October 29, 2019

Walmart and Green Dot have announced that they are going to develop a FinTech accelerator together and call it “TailFin Labs, LLC,” the companies said in a release. The accelerator will create new products, technologies and services that exist in the meeting place of retail...