News

B2B Payments
Demica Opens Trade Finance Platform To Banks
June 27, 2019

Trade and receivables financing company Demica is launching a new platform for banks to bolster their own financing operations, reports in Global Trade Review said on Wednesday (June 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
CardFlight Eyes Level 2 Data For Lower Biz Card Fees
June 27, 2019

Payment Software-as-a-Service firm CardFlight is introducing Level 2 card processing data into its software SwipeSimple, aimed at lowering transactions fees for B2B vendors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Weighing Faster Payments Opportunity And Risk For Corporates
June 27, 2019

New faster payment initiatives are popping up around the world, from Saudi Arabia to Brazil to Australia. In the U.S., accelerated transaction is gaining speed, too. According to the latest PYMNTS Faster Payments Tracker, Same Day ACH volume has seen a 24 percent increase year...

Regulation
Trump Says America Should Be Suing Tech Companies, Not EU
June 27, 2019

U.S. President Donald Trump lashed out at the EU on Wednesday (June 26) for its aggressive pursuit of U.S. tech companies and singled out EU antitrust commissioner Margrethe Vestager, saying she “hates America.” Get the Full Story Complete the form to unlock this article and...

Investments
Funding Round Pushes Resale Site StockX To Unicorn Status
June 27, 2019

StockX, the world’s first “stock market of things,” announced that it has closed on a $110 million Series C funding round, leading it past a $1 billion annual GMV run rate in less than three years. Get the Full Story Complete the form to unlock...

Security & Fraud
Florida City Pays Hundreds Of Thousands To Hackers
June 27, 2019

One small Florida city has had to pay cybercriminals thousands of dollars in ransomware. 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...

Retail
Tesco Plans For Cashierless Stores
June 27, 2019

Tesco is teaming up with an Israeli startup to become the next food retailer to go cashierless. Anonymous sources have revealed to Bloomberg that Tesco, the U.K.’s largest grocery chain, has partnered with Trigo Vision, the creator of a system of cameras and software, enabling...

Digital Banking
Delivering a Generation-Bridging Banking Experience
June 27, 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...

International
Chinese Consumers’ Pullback Seen As A Global Economic Red Flag
June 26, 2019

One of the problems with trade wars is that they act more as bludgeon than scalpel. 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...