News

B2B Payments
CYBG Rebrands To Virgin Money Name In SMB Pursuit
June 20, 2019

The Clydesdale and Yorkshire Banking Group (CYBG) brand is going into retirement after its merger with Virgin Money, which will have its name lead the revamped U.K. financial institution (FI), reports in the BBC said on Wednesday (June 19). Get the Full Story Complete the...

Cross-Border Efforts Ripple (Literally) Through Cryptos And Payments
June 20, 2019

Libra topped headlines, spurring debate over crypto’s role in eCommerce. However, beyond Facebook’s announcement were several other initiatives, also designed to speed digital transactions across borders, from Ripple’s new wave with MoneyGram to mobile account top-offs in India.

B2B Payments
The Competitive Advantage Of Commercial Card Acceptance
June 20, 2019

Commercial cards account for only a portion of corporates’ overall spend, as checks stick around and ACH gains ground. However, their market share is on the rise as card issuers develop more robust rewards programs, and the ability to integrate card spend into back-office spend...

B2B Payments
How False-Positives Complicate The B2B Payments Fraud Fight
June 20, 2019

Retailers focused on combating fraud have credit cards in the cross-hairs of their efforts. Between data breaches exposing customer details and card information and the rise of card-not-present fraud as operations move online, digital businesses are challenged to stay abreast of payment security trends —...

B2B Payments
FlexWage Taps Fiserv For Real-Time Access To Wages
June 20, 2019

On-demand wage service provider FlexWage has announced it is working with Fiserv to power disbursements to employees using its service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Deutsche Bank AML Probes Now Reach The US
June 20, 2019

Deutsche Bank has been implicated in a criminal probe for failing to follow money laundering laws, according to a report by The Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Huawei CEO: Banks Were Aware Of Firm’s Activities
June 20, 2019

The head of Huawei claims the banks involved in the U.S. case against his company knew about all of its business activities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Delivery
Walmart Eyes Robo-Vans For Warehouses
June 20, 2019

Walmart is planning to use self-driving cars to transport products between warehouses in the hopes of slashing costs and boosting efficiency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
AML/KYC’s Data Confidence Crisis
June 20, 2019

The last thing anyone wants to hear from a financial organization is that the people tasked with risk management are feeling less than confident about their ability to do the job — because they aren’t sure if their data is good. If the risk experts...