News

B2B Payments
Treasurers Remain Calm Amid Trade Tensions, Rate Hikes
November 14, 2018

Corporate treasurers say they remain fairly unconcerned about global trade tensions and incoming interest rate hikes, and have not changed their payments practices as a result of these issues, according to a new survey from Dun & Bradstreet. Get the Full Story Complete the form...

Fintech Investments
Ant Financial Fancies Itself As A Technology Services Company
November 14, 2018

Ant Financial, the Alibaba affiliate, expects its core business will be technology services down the road as it expands beyond only payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
Snap Subpoenaed By DOJ, SEC Over IPO Disclosures
November 14, 2018

Snap, the maker of the disappearing SnapChat app, has been subpoenaed by the U.S. Justice Department and the Securities and Exchange Commission. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Danske Scandal Could Involve US Banks
November 14, 2018

A lawyer for the whistleblower in the Danske Bank money laundering scandal warns that investigators should look into whether major Western banks were involved. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
Malaysian PM: Goldman Bankers ‘Cheated’ The Country
November 14, 2018

Malaysian Prime Minister Mahathir Mohamad has alleged that Goldman Sachs “cheated” the country regarding a state fund for 1Malaysia Development Bhd (1MDB), and that U.S. authorities will help return the fees the bank earned from the fund. Get the Full Story Complete the form to...

Investments
Alexa Fund Invests $5M In Parking Startup
November 13, 2018

ParkWhiz announced it has received an additional $5 million in equity to its recently-announced Series D financing, bringing the total funding round led by NewSpring Capital to $25 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Payment Methods
Connecting The Dots On Paying With Connected Devices
November 13, 2018

Black Friday looms. The holidays loom. 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. By completing this form, you agree to receive...

Global Payments
Western Union Teams With HKT Payment Limited, Maybank Brings QR Payments To KFC Malyasia
November 13, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes The Western Union Company’s tie-up with Hong Kong’s HKT Payment Limited for money transfers. In addition, MAYBANK is working with KFC Malaysia to bring QR code payments to restaurants in...

Retail
Chinese Consumers Favor Biometric Payments On Singles’ Day
November 13, 2018

Alibaba’s Singles’ Day shopping event on Nov. 11 was a huge success; with $30.8 billion in transactions, it surpassed Cyber Monday and Black Friday combined. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...