The implementation of PSD2 represents an opportunity for countries to overhaul their financial infrastructures, forcing them to upgrade older systems so businesses and FIs can remain compliant and move money faster. While plenty of countries are seeing this as an opportunity to grow, some markets...
Shipping and logistics conglomerate UPS has partnered with eCommerce technology company Inxeption to allow businesses to market and distribute products on multiple online channels from one secure place. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Across all manner of verticals, efficient supply chains can boost margins, but in order to capture those efficiencies, supply chain management processes need a technological overhaul. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A new report has revealed that invoice fraud cost U.K. businesses £93 million ($122.8M USD) last year. But despite the losses, more than four in 10 businesses in the country are unaware of the risks associated with the crime. Get the Full Story Complete the...
Late payments continue to negatively impact small enterprises in the U.K., and the Chancellor of the Exchequer has stated that larger firms should have a director in place to help reduce delays. Elsewhere, late payments impact contractors focused on emergency repairs in the U.S. Virgin Islands...
PSD2’s open banking initiatives often rely on APIs, which allow banks, merchants and third-party providers to access more data and process more transactions than they could in the siloed banking age. Thanks to these benefits, many countries outside the EU are also considering making changes...
Pinterest, the image-search company gearing up to go public via an initial public offering, filed its paperwork with the Securities and Exchange Commission late last week, setting the stage for it to become a publicly traded company by the middle of April. Get the Full...
Lyft has sold all of its planned IPO shares, leading analysts to raise their target price for the ridesharing company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Only 1 percent of proceeds from financial crimes are intercepted, which means the bad guys are getting away with hundreds of billions of dollars, even trillions. Trulioo General Manager Zac Cohen tells Karen Webster that AML and KYC efforts can be enhanced if FIs think...