The U.K.’s Open Banking market initiative is seeping into the U.S., and into the business banking segment, as financial institutions (FIs) explore ways to improve their B2B services and compete with more agile FinTech firms. Banks’ willingness to embrace Open Banking signals an understanding that...
Financial management platform Sage Intacct is integrating data from cash management tool Trovata.io to provide real-time visibility into cash positions for corporate users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Lawmakers in Australia are pushing for legal assistance for small businesses that find themselves in dispute with banks, reports in The Sydney Morning Herald said Wednesday (April 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Recent news from Walmart in Mexico put the spotlight on the retail giant’s rivalry with Amazon earlier this month, when Reuters reported that Walmart is demanding discounts from its food suppliers that also supply products to Amazon. The story emphasized the intense competition mega-retail endures...
JPMorgan announced this week it’s launching SEPA Instant in Europe as part of its efforts to advance its real-time payments offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
After the June 2007 announcement of Apple’s first-ever iPhone and the ensuing buzz around iOS apps, financial institutions (FIs) began developing offerings to ease digital banking. Though narrow in feature and scale, those initial apps put personal finance management at users’ fingertips. Twelve years later,...
A new report by investment firm UBS warns that an estimated 75,000 stores are likely to shut down by 2026. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
U.S. lawmakers have proposed a bill that would make tech companies detect and remove any discriminatory biases found in their technologies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Three years after fraudsters made off with $101 million from a Bangladesh bank, cyber threats have evolved, according to a new report by SWIFT. The bad guys wait quietly for weeks and months and then strike. They're also trying to sneak under the radar with...
