News

B2B Payments
Avidia Entices FinTechs With Real-Time Payments
July 15, 2019

Avidia Bank is embracing real-time payments as part of its push to promote collaboration with FinTechs, the financial institution announced Friday (July 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
For Mastercard/OpenText and the Automotive Industry: Have Trust, Will Trade
July 15, 2019

Mastercard and OpenText have partnered to streamline supply chains and help boost spot trade credit that in turn breaks a funding logjam in the trillions of dollars.  Claire Thompson, executive vice president, Enterprise Partnerships, Mastercard and Joel Kremke, vice president, global sales, OpenText, explain why...

Mobile Commerce
Can A Line Of Code Fix Customer Onboarding?
July 15, 2019

Few activities in the digital economy are as filled with friction, and as frustrating and risky for merchants, banks and other businesses, than the customer onboarding process. Every step presents a chance for the consumer to drop out before completing a transaction or task, and...

Payments Innovation
Facebook Slapped With $5B FTC Fine, But Still Has Lots Of Friends
July 15, 2019

The most interesting story about Facebook since the Cambridge Analytica scandal broke is one that hasn’t really been written. 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...

Investments
WeSwap P2P Currency Exchange Seeks $2.89M In Crowdfunding
July 14, 2019

After hitting the 500,000 user mark, currency exchange service WeSwap has rolled out a Seedrs crowdfunding round. The company is seeking a £2.3 million ($2.89 million) raise, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
France’s ‘Digital Tax’ On Tech Firms Passes
July 14, 2019

Even with the United States announcing it would look into a proposed “digital tax” in France, the country is moving forward with the measure. The country’s Senate has approved the tax despite the threat of an investigation from the United States, according to 9 to...

International
New China Guidelines Increase Foreign Business Opportunities
July 14, 2019

The world’s second-largest economy wants to make business transactions easier, from nurturing private enterprises to widening market access. 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...

Partnerships / Acquisitions
Samsung Pay Offers Payments, Credit To Indian Marketplaces
July 14, 2019

Samsung has reached an agreement with an online marketplace for financial products in India that will allow consumers to apply for credit cards and loans through the Samsung Pay app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
Lawmakers Propose Bill To ‘Keep Big Tech Out Of Finance’
July 14, 2019

Just days before the Facebook Libra hearings, a draft bill to limit “Big Tech’s” entry into finance and crypto has surfaced online. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...