News

Cross-border Payments
InstaReM Eyes Singapore Digital Banking License
July 01, 2019

While it gears up to apply for a digital banking license in Singapore, cross-border payments firm InstaReM is reportedly seeking lending business partners. The Monetary Authority of Singapore (MAS) recently noted that it will grant as many as three digital wholesale bank licenses and up to two...

Retail
Sprouting An Online Plant Startup From An Idea
July 01, 2019

Eliza Blank was extremely keen on the benefits of plant ownership as a city dweller. Houseplants made the spaces she lived in friendlier, they clean the air — and looking at plants “makes people happy.” Get the Full Story Complete the form to unlock this...

Retail
How Marketplaces Aim To Help Idle Motorcycles Hit The Open Road
July 01, 2019

Entrepreneurs often start companies because of an unsolved need in their own lives. Twisted Road Founder and CEO Austin Rothbard, for instance, wanted his bike everywhere he traveled. He kept saying the same six words over and over again: “I wish I had my bike.” At the...

Retail
Careem Concludes Operations In Sudan
July 01, 2019

Less than a year after the ride-hailing company rolled out in Sudan, Careem has concluded its operations in the country, with a planned takeover by Uber on the horizon. The firm started its Sudan operations in September 2018 following the lifting of economic sanctions by...

Retail
Walmart To Boost Logistics In China With $1.2B Investment
July 01, 2019

To help upgrade its logistics, Walmart plans to invest $1.2 billion or 8 billion yuan in China over the next 10 years, per the retailer’s social media account. Walmart also plans to renovate or set up over 10 logistics centers, Reuters reported. Get the Full...

Banking
Deep Dive: How Biometrics And AI Are Improving Banks’ Customer Experiences
July 01, 2019

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 this form, you agree to receive marketing communications from PYMNTS and...

B2B Payments
PCI SSC Launches New Validation Programs
July 01, 2019

The Payments Card Industry Security Standards Council (PCI SSC) has announced the launch of two new validation programs for payment software vendors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Private Sector Not Immune To Late Payments Struggle
July 01, 2019

Late payments know no boundaries, and can impact companies of all sizes, industries and geographies — whether in the private or public sector. This week, the late B2B payments struggle wages on in Scotland, Australia and the U.S. Get the Full Story Complete the form...

B2B Payments
Fleet Payments Explore The Connected Car Opportunity
July 01, 2019

As financial service conglomerates and innovators move deeper into the B2B payments field, they’re finding a field of opportunity to disrupt clunky manual and legacy processes far beyond the accounts payable (AP) department. One of the biggest opportunities is in fleet payments, where cash and...