News

B2B Payments
UK Tightens Accounting Standards As Corporate Collapses Continue
October 01, 2019

More high-profile corporate collapses in the U.K. have led the Financial Reporting Council (FRC) to enact more stringent accounting standards, The Guardian reported on Monday (Sept. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Agriculture In Ant Financial’s Blockchain Sights
October 01, 2019

Tracking agriculture activities via blockchain to digitize activities gains traction through joint Bayer Crop Science and Ant Financial efforts. Elsewhere, Overstock looks toward DLT for government and identity verification services.

B2B Payments
Square Warns Glitch May Prevent Transfers To Biz Bank Accounts
October 01, 2019

Payments technology company Square has acknowledged a technical glitch that prevented one small business in Toronto, Canada, from receiving funds in its bank account — and warns that it might not necessarily be a “one-off” case. Get the Full Story Complete the form to unlock...

B2B Payments
Pressure Mounts For India NBFCs As Reliance Capital Exits Lending Business
October 01, 2019

India-based financial services provider Reliance Capital has announced it will exit the lending market. 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...

B2B Payments
Moody’s Issues Another Supply Chain Finance Warning
October 01, 2019

More than a year after Fitch Ratings raised concerns about a “loophole” allowing corporates to obtain supply chain financing without classifying it as debt, Moody’s has issued its own warning over the financing solution. Get the Full Story Complete the form to unlock this article...

Delivery
Grubhub Fees Eating Into Restaurant Profits, NYC Councilman Says
October 01, 2019

New York City Council Member Mark Gjonaj says the food delivery app Grubhub is hurting restaurant profits by charging fees that are too high, The New York Times reported on Monday (Sept. 30). Get the Full Story Complete the form to unlock this article and...

Payment Methods
Instant Payments Are Here — How To Measure The ROI…
October 01, 2019

There are many ways a firm can measure the value of instant payments, and determine how much of a return on investment (ROI) it can expect to reap. A firm can look at it in terms of how much it will save by stepping away...

Faster Payments
FedNow And ISO 20022 Are Here — What Now For FIs And Faster Payments?
October 01, 2019

There are 54 faster payment schemes globally, with more on the way. Craig Ramsey, head of real-time payments at ACI Worldwide, tells PYMNTS that speed will become the "new normal" for FIs, which will need to embrace APIs and a whole new way of approaching daily...

Security & Fraud
Mastercard’s Threat Scan Helps Banks Detect Vulnerabilities
October 01, 2019

Mastercard has launched Threat Scan, a global solution to help banks spot authorization weaknesses before a breach occurs, the company announced in a press release on Tuesday, Oct. 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...