U.K. challenger banks Tide and ClearBank are teaming up to apply for a portion of the $1 billion made available by Royal Bank of Scotland (RBS) to promote banking competition, Tide announced Monday (Jan. 14). Together, Tide, which targets small and medium-sized businesses (SMB) with its financial...
It’s now been a year since Open Banking officially came into the U.K. financial services market, but the regulatory initiative seems more of a natural progression for the sector rather than a sudden disruption. FinTech adoption is surging among consumers, particularly in areas like money...
Citi‘s latest report on how the corporate finance world plans to navigate volatility in 2019 suggests chief financial officers (CFOs) have a role model toward which to look: the so-called “tech titans.” Get the Full Story Complete the form to unlock this article and enjoy...
Netherlands-based factoring company Factris has announced the completion of its takeover of Lithuanian firm DEBIFO, the companies said Monday (Jan. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
U.S. investors have placed new funds with U.K.-based corporate payments and treasury technology company AccessPay, reports in The Telegraph said on Sunday (Jan. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Technology executives appear to back the U.S. trade war with China, with CNBC reporting some tech executives have expressed support for the fight with CNBC’s Jim Cramer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
HSBC is increasingly relying on blockchain technology to facilitate its foreign exchange trading services, reports in Financial Times said Monday (Jan. 14), with more than three million FX transactions having already been processed by the bank in the past year via blockchain. Now, the bank...
USA Technologies issued an open letter on Monday (January 14) to shareholders, admitting that the company “had prematurely or inappropriately recognized revenue” in 2017 and 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
New restrictions in India are poised to have an impact on Amazon and Flipkart, affecting how each can do business on their online marketplaces. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
