The competition for cross-border payments continues apace, with both SWIFT and Ripple making progress — the former in Asia, the latter in Africa. Stripe makes a bid to ease compliance and boost payments security in an age of global eCommerce.
The last several years have seen a surge in efforts among the cryptocurrency community to legitimize the technology. Once seen as a tool for the dark web and black markets, cryptocurrencies like bitcoin now want to be a part of the broader economy. Get the...
The Federal Reserve has released new data on small businesses’ appetite for capital, and it appears that financing demand is on the rise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Flywire, the payment company focused on educational institutions and their students around the world, announced Thursday (April 18) an expanded partnership with TRUE North, the Canadian provider of online systems for information management, tracking, collaboration, and reporting for international student programs. Get the Full Story Complete...
Pinterest priced its initial public offering at $19 a share late Wednesday (April 17) raising $1.43 billion and giving the company a valuation of $10 billion. According to a report in CNBC, the image search company has originally priced shares between $15 and $17 a...
A customer looking to open a new bank account is often in for a somewhat bumpy process. There are a lot of redundant forms and, in some cases, a few venue changes. For example, the process might start online, but then the customer is forced...
“When do you want to get paid?” It’s a basic question that — when posed to anyone, particularly, a small business (SMB) — most always has the same answer, no matter who one asks or within what industry: now. Until recently, “now” was almost never...
An internal investigation at Deutsche Bank has found that it processed at least €175 million (nearly $197 million USD) in dirty money for Russian criminals between 2011 and 2014. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Uber is working on an investment deal that would value its self-driving unit at $7.25 billion. Citing two people familiar with the matter, Financial Times reported that existing Uber shareholders SoftBank, Toyota and Japanese auto parts supplier DENSO will fund $1 billion into Uber’s Advanced Technologies Group (ATG)...
