News

B2B Payments
Reverse Factoring Intensifies The B2B Late Payments Debate
October 28, 2019

The Big Four auditing firms — EY, Deloitte, KPMG and PwC — have recently requested that the Financial Accounting Standards Board (FASB) provide clarity in how corporates should classify their reverse factoring or supply chain financing agreements, adding more fuel to a long-standing debate as...

B2B Payments
Coconut Connects With UK SMB Bank Accounts
October 28, 2019

Smart accounting app Coconut aims to automate bookkeeping for self-employed and small businesses (SMBs) around the U.K. 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...

Payments Innovation
Why Super Apps Could Have Superpowers
October 28, 2019

It’s what WeChat and Alipay already are in China, and what LINE is in Japan. Rappi follows suit in Latin America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Jumio’s New AI Tool Verifies Identity In Real Time
October 28, 2019

Jumio has announced the beta release of Jumio Go, the company’s first real-time, fully automated identity verification solution. 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...

Payments Innovation
InstaReM Rebrands To Nium, Launches Open Money Network
October 27, 2019

Digital cross-border payments provider InstaReM has announced that it is rebranding to become part of Nium, the first global payments platform that allows businesses to send, spend and receive money from around the world. Get the Full Story Complete the form to unlock this article...

Mobile Payments
Stripe Open For Business In Mexico
October 27, 2019

Mobile payments startup Stripe announced its official launch in Mexico, the second-largest economy in Latin America. 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...

Partnerships / Acquisitions
Payroc Combines With NXGEN, Payscape, BluePay Canada To Serve 46 Countries
October 27, 2019

Payroc announced that it has merged with Payscape, NXGEN and BluePay Canada to create a combined enterprise with increased capabilities, Payroc said in a press release on Sunday (Oct. 27).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
SoftBank’s Vision Fund 2 Could Back Burger Maker, Pharma Delivery Firm
October 27, 2019

SoftBank Group Corp. is making investment plans for its second Vision Fund, Bloomberg reported. 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...

Regulation
HSBC Says China Should Loosen Regs For Global FIs
October 27, 2019

HSBC executive Peter Wong is calling for China to relax regulations so that foreign banks can have an easier time obtaining licenses and raising deposits in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...