News

B2B Payments
Invu Reports That AP Execs Say A Need For Upgrades Is ‘Urgent’
June 25, 2018

Reactive instead of proactive planning, late payments, a lack of visibility: Accounts payable professionals in the U.K. are making progress in their operations, but according to new data from Invu, they clearly have a long way to go. Get the Full Story Complete the form...

B2B Payments
Banks Lack Consensus On Real-Time Corporate Payments
June 25, 2018

A new report from Aite Group suggests financial service providers aren’t quite sure how real-time payments will play out in the corporate arena. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payments Innovation
Are Retailers Ready For Amazon’s Prime Time?
June 25, 2018

My plan on Friday evening was to write a hard-hitting piece on a services segment with incredible marketplace friction. Then I went to Whole Foods on the North Shore of Boston Saturday morning to do some grocery shopping. Get the Full Story Complete the form...

Banking
Startup Holds Equity Crowdsale For Banking License
June 25, 2018

Blockchain-based challenger bank BABB — which stands for Bank Account-Based Blockchain — announced it will be holding an equity crowdsale to cover the costs of obtaining a banking license. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cross-border Payments
Trump To Block Chinese Tech Investments
June 25, 2018

The U.S. Treasury Department is reportedly gearing up to announce rules that would prevent companies with 25 percent or more Chinese ownership from purchasing a U.S. company that has “industrially significant technology,” Reuters reported. Get the Full Story Complete the form to unlock this article...

Cross-border Payments
‘Robin Hood’ Money Transfer Tax Threatens Kenyan Financial Services
June 25, 2018

Kenyan bankers and fund managers have warned a proposed “Robin Hood” tax on many transactions will threaten the future of the country’s economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payment Methods
WhatsApp Payment Customers In India To Have 24-Hour Support
June 25, 2018

WhatsApp, the Facebook-owned messenger app, is gearing up to roll out 24-hour customer support for customers who use its upcoming payment services in India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cross-border Payments
AliPay, GCash Launch Blockchain Cross-Border Remittance Service
June 25, 2018

AlipayHK and GCash announced Monday (June 25) the launch of a cross-border remittance service via their e-wallet platforms that is powered by blockchain technology developed by Alipay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cross-border Payments
Hyperwallet CEO: PayPal Acquisition Will Help Hyperwallet ‘Pay The Planet’
June 25, 2018

From music royalties to airline vouchers, there are many reasons organizations may need to push payments to individuals in various amounts, currencies, forms and frequencies, including real time. For instance, say that a flight has been delayed and all its passengers will need accommodations for...