News

Mobile Commerce
Will Snapchat Get Snapped Up Or Snap Back?
October 11, 2018

Snapchat, according to recent reports, is having cash flow troubles. The app that got famous for its disappearing messages is looking like it will either need to raise a some capital by sometime in 2019 or run the risk of going broke, according to a note by MoffettNathanson....

Retail
The Retail Holiday Hiring Headache
October 10, 2018

By some accounts, the 2018 holiday season is going to be a bang-up year for retailers. Unemployment is down and consumer confidence is up. Holiday sales for U.S. retailers are expected to increase 4.8 percent this year, according to the National Retail Federation (NRF) —...

Europe
EU Cracks Down On Passport Sales Due To Money Laundering
October 10, 2018

The European Commission announced Wednesday (October 10) that it plans to provide European Union states with guidelines for handling national schemes to sell passports and residency permits to wealthy foreigners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
HSBC, Standard Chartered Undeterred By China Trade Tensions
October 10, 2018

HSBC and Standard Chartered have vowed to continue supporting Chinese companies amid ongoing trade tensions, according to reports Wednesday (October 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Xerox Connects Scanners, Printers To Salesforce, QuickBooks
October 10, 2018

A new solution from Xerox aims to streamline enterprise digital application adoption and make it easier for employees to use the technologies their organizations use. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
SoftBank, Flush with Hard Cash, Eyes WeWork Stake
October 10, 2018

SoftBank is looking to put its money to work in WeWork. Possibly. 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...

B2B Payments
Mastercard, Regal Help Community Banks Offer Corporate V-Cards
October 10, 2018

Regal Software has announced a collaboration with Mastercard that enables financial institutions to support virtual corporate payments. 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...

B2B Payments
Starling To Open Business Account Services Beyond Sole Traders
October 10, 2018

U.K. challenger bank Starling Bank emerged on the market with a focus on consumers and sole traders, but the company is now planning an expansion of those services, reports in Specialist Banking said Wednesday (October 10). Get the Full Story Complete the form to unlock...

Global Payments
Western Union Unveils UK High-Value Transfers; Gap Taps Adyen For European Payments
October 10, 2018

Welcome to The Axis, your look at payments news from around the world. Coverage includes The Western Union Company’s roll out of high-value digital transfers from the U.K. In addition, Gap Inc. has tapped Adyen for online and in-store payments in Europe, and the Bangalore...