News

Banking
Why The Time Is Right For Banks To Tap Into Integrated Receivables
October 25, 2019

FinTech firms are delivering technology solutions to banks that can help them maintain their customer relationships — and generate income. As it stands, many larger banks — and even mid-sized banks — tap into treasury management solutions for two reasons. DadeSystems CMO Tom Berdan told PYMNTS...

News
Apple Pay And A Decade Of Innovation Top Payments News This Week
October 25, 2019

What a week it’s been! And the PYMNTS Weekender is here to make sure you didn’t miss anything. We have deep, data-supported dives on Apple Pay, the outlooks for payments innovation in the 2020s, web sales taxes and Amazon’s holiday shopping season news. Get the...

B2B Payments
IRS Questioned Over Corporate Auditing Lag
October 25, 2019

The U.S. Treasury Inspector General for Tax Administration is calling into question the Internal Revenue Service’s corporate auditing performance. 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...

IPO
Beijing’s WeWork Rival Ucommune To Go Public In US
October 25, 2019

Ucommune, a China-based coworking WeWork rival worth about $3 billion, is going to file an initial public offering (IPO) in the United States this year, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article and...

News
Top News In Payments: Citigroup Names Consumer Banking Exec, QuickQuid Expected To Close
October 25, 2019

In today’s payments news, Citigroup veteran Jane Fraser was named to head up the company’s consumer banking division. Also, the U.K.’s largest payday lender, QuickQuid, is expected to close its doors by the end of the year. And Visa posted fiscal Q4 earnings results that surpassed expectations. Get the...

B2B Payments
Big Four Seek Guidance On Trade Finance
October 25, 2019

Top accountancy firms are asking the Financial Accounting Standards Board (FASB) to clarify how corporates should report on supplier finance programs that are in place, according to Compliance Week reports on Friday (Oct. 25). Get the Full Story Complete the form to unlock this article...

Security & Fraud
Johannesburg City Council Hit With Ransomware Attack
October 25, 2019

The city council of Johannesburg, the largest city in South Africa, was hit with a ransomware attack on Friday (Oct. 25) that affected its website, call centers and digital platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Housing Savings Startup StepLadder Raises £1.5M
October 25, 2019

A London-based startup named StepLadder, aimed at helping the millennial generation afford a down payment for a house in the U.K., has raised £1.5 million in seed funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Amex, Nova Offer Global Transfer Of US Credit Reports
October 25, 2019

American Express has partnered with Nova Credit, a credit reporting startup that operates across borders, to give expatriates and immigrants the ability to share their previous credit scores with American Express when applying for a credit card. Get the Full Story Complete the form to...