News

B2B Payments
Identitii Joins Australian Banking Group BIAN To Boost Digitization
February 28, 2019

Australian digital identity management technology firm Identitii is joining a group of the nation’s largest banks to boost efficiency of digitizing data exchange for its financial institution customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Why Smarter Freight Payments Begin With The Invoice
February 28, 2019

Money drives any business, but in the freight and logistics market, business cannot occur until funds are moved. Considering how crucial seamless payments are in the market, it’s concerning that issues like payment delays, errors and fraud remain so prevalent. Get the Full Story Complete...

B2B Payments
Asia, Emerging Markets See Digital, Blockchain Payment Initiatives
February 28, 2019

Payment infrastructure announcements this week saw memorandums of understanding between Mastercard and Angaza, meant to bring digital payments to emerging markets. Elsewhere, digital payments gain traction in Asia through partnerships with Singtel, and the Ripple joust with SWIFT over cross-border payments continues.

Cross-border Payments
Zimbabwe Central Bank Sells $20M For Forex Interbank Market
February 28, 2019

After selling up to $20 million in U.S. cash to banks to trade on a new forex interbank market, Zimbabwe’s central bank is now running out of dollars because of the high demand. Get the Full Story Complete the form to unlock this article and...

Payments Innovation
How Airbnb Uses Payments To Stay Competitive
February 28, 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...

Retail
How Handset Makers Are Trying To Keep Customers
February 27, 2019

In the span of about a decade, the smartphone has gone from revolutionary technology to an everyday tool that everyone on Earth carries in their pocket. Okay, not everyone – but that’s not much of an exaggeration. According to estimates, nearly 80 percent of the U.S. adult...

Investments
eBay Cedes Board Seats To Activist Shareholders
February 27, 2019

eBay is nearing a settlement with shareholders Elliott Management and Starboard Value LP that would give each of the activist investors a board seat, with the possibility of another one in the future, according to a report from The Wall Street Journal. Get the Full...

Retail
JCPenney To End Clothing Subscription Partnership
February 27, 2019

Retailer JCPenney has decided to end a clothing subscription service as it continues to struggle financially, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Mobile Payments
How FinTech Companies Inspire Africa With Mobile Technology
February 27, 2019

With the potential for rapid growth and job creation, FinTech firms in Africa have caught the attention of global investors. According to the London Stock Exchange Group’s 2019 “Companies to Inspire Africa” report, which highlights these firms, the FinTech sector has the second highest growth rate...