Capital One Financial Corporation announced Friday (June 21) that it has reached an agreement to acquire purchase-to-payment and credit management company BlueTarp. In a press release, Capital One pointed to augmented B2B finance capabilities as a result of the takeover, particularly for small and medium-sized...
With the Strong Customer Authentication (SCA) compliance deadline less than four months away, banks are still underprepared. 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...
The European Banking Authority (EBA) published an opinion on strong customer authentication (SCA) under the revised Payment Services Directive (PSD2), acknowledging that implementing the new standards might be difficult for some merchants. Get the Full Story Complete the form to unlock this article and enjoy...
In an online food delivery service market that is becoming more crowded, some of the largest operators of restaurants are renegotiating with the firms that bring takeout to consumers. While restaurants were once fast to sign up for delivery services, they are now seeking lower...
As tech firms such as Facebook move into the world of finance, the Bank for International Settlements (BIS) said on Sunday (June 23) that politicians need to coordinate regulatory responses to risks provided by these companies coming into the space. BIS said that the social...
The Bank of England may open its doors to tech companies and payment firms, and the move could potentially boost the U.K.’s $9 billion FinTech sector in the face of Brexit, Reuters reported. Get the Full Story Complete the form to unlock this article and...
Banks are increasingly looking for ways to monetize the large troves of data they hold on customers, be it with credit card sales or offering discounts on a customers’ special interest, like food or fashion, Reuters reported. Get the Full Story Complete the form to...
Chinese P2P lending company Dianrong, which offers lending solutions and investment products, has completed its latest funding round, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Bitcoin, move over. There’s a new digital coin of the realm. Or maybe not. 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...
