News

B2B Payments
FBI Probe, Oracle Suit Eye Amazon’s Government Procurement Role
March 07, 2019

The Federal Bureau of Investigation (FBI) has launched a preliminary investigation into Amazon‘s work with the U.S. Department of Defense (DoD), shining a spotlight on the challenges technology companies face as governments procure products and services to digitize their own operations. Get the Full Story...

B2B Payments
Crypto Goes After Intercompany B2B Payments
March 07, 2019

Corporate payments are still not a guaranteed use case for cryptocurrencies. While some analysts say crypto is a viable technology to address the friction of cross-border transactions in particular — pointing to the lack of transparency and speed in the traditional correspondent banking system —...

B2B Payments
Barclays Sells Off Corporate, Payroll Prepaid Portfolio
March 07, 2019

Barclays has divested its portfolio of physical prepaid cards in the U.K., selling the assets to Prepaid Financial Services (PFS), PFS said in a press release Wednesday (March 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Ant Financial Launches Banking As A Service Platform
March 07, 2019

Ant Financial Services Group and Jiangsu-based Hoperun Information Technology announced Wednesday (March 7) a new banking product aimed at financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payments Innovation
What ATMs And Open Source Have To Do With Payments Innovation
March 07, 2019

It might be the case that 2019 takes shape as a watershed year for payments regulation, marked by PSD2 and GDPR. Stakeholders in the financial services and payments arenas are navigating new rules about how data is collected, stored and shared. Get the Full Story Complete...

Retail
Amazon To Shutter US Pop-Up Stores
March 06, 2019

Amazon will shutter all 87 of its pop-up stores in the United states by the end of next month, according to a report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
T.J.Maxx Launches Multi-City Interactive Game
March 06, 2019

Discount retailer T.J.Maxx is partnering with Instagram tastemakers to promote a new term called “Maxximizing,” which the company says means not needing to sacrifice on quality or price to find cherished items, according to a press release by the brand.  Get the Full Story Complete...

Retail
Fitbit Rolls Out Four New Products; Tests Rewards Program
March 06, 2019

Fitbit announced on Wednesday (March 6) the launch of four new products – Fitbit Versa Lite Edition, Fitbit Inspire HR, Fitbit Inspire and Fitbit Ace 2 – all aimed at making health and fitness accessible to more consumers around the world. Get the Full Story Complete...

Cross-border Payments
China Does About-Face On Tech Handover Demands
March 06, 2019

Might one leg of the trade war between China and the United States have fallen away? 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...