News

B2B Payments
Metro’s Accounting Errors Cost Bank Top Clients
May 02, 2019

Some of Metro Bank’s largest customers left the institution following revelations of accounting mistakes, according to Wednesday (May 1) reports in the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
NACHA Names MicroBilt As Preferred Account Verification Partner
May 02, 2019

NACHA has announced that MicroBilt is a preferred partner for bank account verification. 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....

B2B Payments
Bank Of England Mulls Blockchain Amid ‘Fourth Industrial Revolution’
May 02, 2019

The Bank of England seems to be eyeing an embrace of digital, decentralized initiatives, with room for FinTech firms and blockchain. In a series of cross-border payment announcements, the travel industry gets an “instant” boost, while Ripple gains a bit of currency in the Middle East.

B2B Payments
Citi Launches NextGen For AI-Powered Trade Transactions
May 02, 2019

Citi has announced a new initiative aimed at boosting the efficiency and performance of trade transactions with artificial intelligence (AI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Faster Payments
SWIFT Rolls Out Payment Investigation, Resolution Service
May 02, 2019

SWIFT is expanding its network-wide payments validation toolkit, announcing Thursday (May 2) a new “in-flight” cloud-based payment investigation and resolution service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payment Methods
RBS Gets Back Into Payments Ten Years After It Unloaded Worldpay
May 02, 2019

Royal Bank of Scotland is going after the payments market, launching a new unit Thursday (May 2) that will put it in competition with Worldpay, the former unit it was forced to unload. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Microsoft CISO Says Passwords Are Useless
May 02, 2019

Microsoft‘s chief information security officer (CISO), Brett Arsenault, believes that when it comes to protecting companies and individuals from cyberattacks, passwords are typically useless. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Fundbox, Brandwise Execs: How Net 60 Helps B2B — And Why They’re Joining Forces
May 02, 2019

Is it time for B2B to come to terms ... with terms? B2B capital company Fundbox said this week it was selected by sales solution firm Brandwise to offer net payment terms for suppliers, retailers and agencies. Fundbox CBO Sebastian Rymarz and Brandwise CEO Todd Litzman...

International
India’s Times Internet Thrives Despite Aggressive Competition
May 01, 2019

India is one of the last growth tech markets in the world, and Silicon Valley tech companies have been pushing aggressively there for years. The fierce competition has leveled many native tech companies, but not Times Internet, an Indian media conglomerate, according to a report....