China payment card issuer UnionPay is stepping into the market with prepaid cards for corporates and consumers, the company announced this week. Banking Tech reported on Wednesday (Jan. 9) that payment service provider Moorwand, a principal member of UnionPay, will launch the first UnionPay prepaid cards in...
Blockchain grabbed some headlines this past week as DLT helped foster new cross border payment initiatives, notably from Alipay and Ripple. Elsewhere, Faster Payments gains some new adherents in the UK, while Paya sets sights on serving government and utility payment needs.
U.K. challenger bank Countingup is adding invoicing services to its suite of offerings for small and medium-sized businesses (SMBs), the company announced Wednesday (Jan. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In the world of payments, rife with friction, there is no such thing as a silver bullet. Even when technologies come close to addressing multiple challenges that exist today when sending, receiving and reconciling B2B payments, those benefits typically come with a cost — whether...
Russian cybersecurity company Kaspersky Lab announced plans to grow its enterprise cybersecurity position in Asia through a partnership with MSI-ECS Philippines, according to BusinessWorld reports this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Retailers in the U.K. had a poor showing during the holiday shopping season; The Financial Times reported that despite steep price cuts, retail sales had their worst performance since December of 2008. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
N26, the European mobile bank operator, announced Thursday (January 10) that it has raised $300 million in venture funding, led by Insight Venture Partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
“Easier said than done” is a saying that can apply to many things: running a marathon, losing those last five pounds, eating dinner every night before 7:00 p.m. Creating an omnichannel experience? Get the Full Story Complete the form to unlock this article and enjoy...
Eight months can seem like an eternity – all the time in the world to get things done, to plan, to implement, to do the heavy lifting for preparing for new tech initiatives – but not when it comes to the European Union’s PSD2. Get...
