Even Bank Secrecy Act officials are in the crosshairs of scammers, according to news of recent email “phishing” campaigns. Separately, the saga over the alleged accounting scandals at Wirecard continues, with raids at company offices in Singapore. Elsewhere, taxpayer dollars go missing in Ukraine amid...
The higher education sector is facing rising pressure to manage spend, as operating costs climb and organizations face greater scrutiny over tuition levels. Many entities in this space, however, struggle to gain a clear picture of where the money is going. That not only limits spend...
The U.K. challenger banking market saw a flurry of venture capital (VC) activity this week, as FinTech firms aim to disrupt small business (SMB) financial services (FinServ). The largest round of the week went to OakNorth, but other significant investments landed at supply chain management,...
Electronic invoicing and data capture company CloudTrade is rolling out a new solution designed for the logistics and freight industry, the company revealed this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Barclaycard and SAP are partnering up to accelerate B2B payments, the companies announced today (Friday, Feb. 15). 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...
Payless ShoeSource will close all of its stores when it files for bankruptcy for a second time later this month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Mexican government is hoping FinTechs will make sending cash home for Mexican families living abroad more affordable. 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...
Travis Kalanick, the Uber co-founder, is busy with his next venture, reportedly working behind the scenes to create a network of food delivery kitchens around the world. According to a report in The Financial Times, the new venture is called CloudKitchens. Kalanick is recruiting some of...
There is something of a strange dichotomy when one looks at the types of things bank brands are developing, particularly around mobile and digital banking services, and the kinds of things consumers say they want. Banks’ investments are leaning heavily toward technology upgrades – especially...
