PSD2 launched in January 2018 and has been active in the European Union for a little over a year now, meaning that banks, merchants and customers are becoming used to it and its accompanying data privacy law, GDPR. Because of these new regulations, however, businesses...
Invoice fraud is on the rise in the UK, with half of all businesses exposed, according to a Santander study. Separately, a US college campus takes note of phishing scams and Cisco may have been bilked out of more than $9 million amid wire and...
Alternative small business lending firm Funding Circle has announced plans to launch in Canada. 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...
Bank-FinTech collaborations have emerged as a viable, lucrative growth path for both sides of these partnerships. For traditional financial institutions (FIs), working with a would-be competitor means integrating technologies for customers without having to build solutions from scratch. For FinTechs, the deals mean access to...
U.K. challenger Starling Bank is moving forward with plans to introduce business lending services, reports in Specialist Banking said this week, with the bank revealing new details about its strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
HSBC has unveiled its application program interfaces (APIs) and developer portal to comply with the EU’s Second Payment Services Directive (PSD2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Insurance firm Zurich is introducing a new supply chain risk management service in conjunction with riskmethods, reports in Global Banking and Finance Review said Thursday (March 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Consumer Financial Protection Bureau came under fire from the House Financial Services Committee, which is now controlled by Democrats, during a hearing Thursday (March 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Twitter announced an update to its abuse reporting functions that will allow its users to specify personal information issues. 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...