News

B2B Payments
National Funding Explores AltFin’s Uncertain Growth Trajectory
October 09, 2018

The alternative finance boom post-2008 financial crisis undoubtedly provided more options for small business (SMB) borrowers, but that doesn’t mean the industry is guaranteed to become a staple among entrepreneurs seeking financing. Traditional banks remain the most popular choice for small business owners that need...

B2B Payments
Banks, Businesses Brace For Far-Reaching Accounting Standard Changes
October 09, 2018

Banks and businesses alike are heading toward the 11th hour of changes in accounting standards, which will have a major impact on how companies report financial metrics and performance. The changes, initiated by the Financial Accounting Standards Board (FASB), will affect the way businesses report...

Investments
Siemens Invests In VR Startup Backed By Volkswagon, Audi
October 09, 2018

German company Varjo Technologies has announced a $31 million Series B investment, led by Atomico and Seimens-backed Next47, that will help it launch the world’s first human-eye resolution virtual reality and mixed reality product. Get the Full Story Complete the form to unlock this article and...

Retail
Magento CEO On Why Commerce In The Cloud Makes Every Moment ‘Shoppable’
October 09, 2018

In commerce, the conversion is the Holy Grail. The moment when customer contact becomes a sale, and tips over to meaningful relationships, ideally long-lasting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payment Methods
ToneTag CEO Sounds Off On Payments At The Speed Of Sound
October 09, 2018

Talk about cashless and contactless. How about payments made at the speed of sound — to be specific, using encrypted sound waves to make offline payments? Sound is the ancient method of communication, of commerce, where a promise to sell or buy in days of...

Artificial Intelligence
Google Backs Away From Chatbots
October 08, 2018

A not so very long time ago, chatbots were forecast to be the next big thing in digital ecosystems. Starting with Facebook’s big announcement of its chatbot push at F8 in 2016, all of those forecasts for everything chatbots were going to do starting rolling in. And...

B2B Payments
Aussie Bank Crackdown Takes Its Toll On ANZ Profits
October 08, 2018

Profits for Australia and New Zealand Banking Group (ANZ) have taken a hit as the nation continues its crackdown on bank misconduct, reports in Reuters said Monday (Oct. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
The Anti-Capitalist Prank That Made Some Serious Bank
October 08, 2018

Whether or not we live in the age of irony has been a matter of some debate for the last 20 or so years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Pakistan Moves Toward Digital B2B Payments
October 08, 2018

Pakistan is taking a significant step toward promoting digital B2B payments in the country. 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...