News

B2B Payments
Lack Of RBS Fines Lands UK Watchdog In Hot Water
June 14, 2019

U.K. MPs are criticizing the Financial Conduct Authority (FCA) after it decided not to take action against RBS despite finding that the bank mistreated small business customers, Reuters reported on Thursday (June 13). Get the Full Story Complete the form to unlock this article and...

B2B Payments
InventoryBase Adds B2B Payments Tool For Property Management
June 14, 2019

InventoryBase, a platform providing property inspection services to property management companies and letting agencies, is adding a B2B payments feature that lets property managers pay third parties that conduct property visits. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Corporates’ Role In Helping Banks Tackle The Trade Finance Gap
June 14, 2019

There are a lot of factors that have converged to create a whopping $1.5 trillion in trade finance availability in the global economy today. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Brex Propels B2B FinTech Into Investors’ Spotlights
June 14, 2019

Commercial card startup Brex captured headlines this week when it confirmed a significant funding round that propelled the two-year-old startup’s valuation to $2.6 billion. The investment is a massive show of support for the digitization of corporate payments. Other rounds this week showed investors’ appetites...

B2B Payments
Chase, IBM CEOs Speak Out Against Trade Tariffs
June 14, 2019

Chief executive officers are continuing to raise concerns about rising global trade tensions and market volatility, reports from Yahoo Finance said Thursday (June 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Ario Connects B2B Vendors To Customer Financing
June 14, 2019

Ario Platform, a Canada-based business financing company, has rolled out its Working Capital solution, a way to provide companies with a cash advance solution to provide their own corporate customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
Visa’s McSherry On Responsible AI
June 14, 2019

An AI-driven model offers users great power when it comes to handling data, making sense of seemingly far-flung information.  But there also is great responsibility on the part of those who build and use those models.  Visa's Melissa McSherry, global head of credit and data...

Security & Fraud
Fraudsters Find New Bank Stomping Grounds
June 14, 2019

The good news in the world of fighting fraud and cybercrime is that, by the numbers, the battle against the thieves has been shown to be tipping toward the white hats. As GIACT EVP David Barnhardt noted in a recent conversation with Karen Webster, overall...

Ridesharing
Ola Ride-Hailing Startup To Build Silicon Valley Tech Center
June 13, 2019

Indian ride-hailing startup Ola, which is backed by SoftBank Group, is planning to build a technology center in Silicon Valley — right near rival Uber. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...