News

B2B Payments
Solving Supplier Onboarding By Turning AP Digital
July 26, 2018

More discounts. Better cash flow. No faxes, far fewer ink stains and a severe reduction in paper cuts. An increase of time. Better relations with suppliers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Europe
UK Card Services Get A Closer Look From Regulators
July 25, 2018

The Payments Systems Regulator (PSR), Britain’s official payment watchdog group, has announced it will be reviewing banks that process card transactions on merchants’ behalf to evaluate whether customers are getting the best deal. Get the Full Story Complete the form to unlock this article and...

Banking
Cabot Square Capital Sells 321 Crédito
July 25, 2018

Cabot Square Capital, a U.K. financial services firm, on Wednesday (July 25) sold its entire stake in 321 Crédito, a Portuguese consumer finance lender, to Banco CTT, the bank run by Portugal’s privatized national postal service. Get the Full Story Complete the form to unlock...

Banking
SWIFT To Start Testing Enhanced Multi-Bank Standard For Cross-Border Payments
July 25, 2018

Financial messaging company SWIFT, along with a number of corporates and banks, announced Wednesday (July 25) plans to begin testing a multi-bank standard to further improve the cross-border payments experience for multi-banked corporates. Get the Full Story Complete the form to unlock this article and...

Investments
ClassPass Raises $85M In Venture Funding
July 25, 2018

ClassPass, the fitness membership service, announced on Wednesday (July 25) it raised $85 million in 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 to our...

Cross-border Payments
Santander Offsets Emerging Market Currency To Beat Wall Street Views
July 25, 2018

Banco Santander was able to offset emerging market currency volatility and a slowdown in U.K. during its second quarter, reporting net income that surpassed Wall Street views. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Global Payments
TransferTo Teams Up With Stellar; Bunq Unveils Payment Link Service
July 25, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes TransferTo‘s tie-up with Stellar Development Foundation for cross-border facilitation services. In addition, the Netherlands’ bunq has unveiled a payment link service, and the Philippines Securities and Exchange Commission (SEC) is warning the public about a...

Retail
Ivanka Trump Shuts Down Fashion Brand To Focus On Politics
July 25, 2018

Ivanka Trump is shutting down her namesake fashion brand to focus on her role in her father’s administration. 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...

Retail
Poshmark Redesigns Shopping Navigation
July 25, 2018

It’s going to get easier for customers to shop Poshmark and come quickly to the items they most want. 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...