Payments messaging firm SWIFT announced Thursday (April 4) the establishment of an ISO 20022 working group to promote adoption of the payments messaging standard. But as the financial services industry embraces ISO 20022, the market is also shifting toward an open banking model and API...
Enterprise software company Hyland is targeting data integration between accounts payable and enterprise resource planning solutions, launching enhancements to AP automation and connection capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
This week’s B2B venture capital funding rounds were particularly focused on the enterprise cybersecurity space, though B2B payments caught the attention of investors, too, with another industry unicorn making its debut. But just as noteworthy in this week’s roundup are the investors themselves, which include...
Deutsche Bank is collaborating with financial software company Serrala to roll out an API interface aimed at linking corporate treasurers across Europe with real-time payments access. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In the UK, might the fraudsters be getting ahead of the firms they are bilking? A recent study from Vocalink points to that sentiment, while SAS finds significant instances of procurement fraud – 31 percent of firms have suffered as employees and vendors have conspired...
GrubHub Chief Executive Matt Maloney plans to continue investing money in the company in an effort to stand out from the crowded food delivery market. In an interview with CNBC’s Jim Cramer on “Mad Money,” Maloney said the company will continue to be aggressive with...
Samsung Electronics warned that first quarter profits declined nearly 60 percent compared to last year, brought on by weakness in displays and its memory chip unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Denmark has decided to ban 500-euro notes in an attempt to fight money laundering in the country. 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...
Telecom firm Reliance Jio announced that it has acquired a majority stake in startup Haptik, which develops “conversational” platforms and virtual assistants for corporations. The transaction, worth $100 million, gives Jio an 87 percent stake in the company, with the remaining shares going to Haptik’s...
