Allegations that American Express secretly hiked foreign exchange rates for small business customers is thrusting the challenges and points of friction that entrepreneurs face with cross-border payments back into the spotlight. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Payroll cards are an important vehicle to ensure that employees — particularly those who are underbanked and unbanked — are able to efficiently receive their wages. Yet, the tool has also earned a controversial reputation, thanks to legal disputes and regulatory concerns over high fees...
C88 Financial Technologies (C88) announced that it has received an over-subscribed $28 million in a Series C investment from Experian. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes Facebook getting hit by the General Data Protection Regulation (GDPR), First Data beats Street, Kroger unit says goodbye for now to Visa, T-Mobile enters a big...
U.K. financial institution Lloyds was criticized by lawmakers Monday (July 30) over its program to compensate small business victims of fraud related to the bank’s HBOS unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Toshiba Global Commerce Solutions, the global retail electronic point of sale (EPOS) technology company, announced on Monday (July 30) that it has grown its worldwide self-checkout (SCO) market share by 46 percent, according to research and consulting company RBR. Get the Full Story Complete the form...
Shuttl, the bus sharing app startup based in India, raised $11 million in a series B round of venture funding. 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...
Blue Apron has long enjoyed the distinction of being among the early innovators in the meal kit category. With millennials working multiple gigs, very few have enough time left to make a proper meal — if they aren’t eating out at a local restaurant. Get...
Foods Co, a subsidiary of grocery giant Kroger, has announced that 21 of its grocery stores and five of its gas stations in Central and Northern California are officially through with Visa branded credit cards as a form of payment, effective August 14, 2018. Get the...
