While Sweden’s Truecaller is not new to the Indian payments ecosystem, it entered the India mobile market over a year ago during the launch of the nation’s Unified Payments Interface (UPI). With the announcement of its wholesale acquisition of Indian payments startup Chillr, it is leveling up...
Tight regulations around the legal marijuana industry are barring non-wealthy entrepreneurs from entering the market, according to reports from Forbes on Wednesday (June 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Corporate travel firm Sabre is introducing virtual payments to its platform. 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 daily newsletter, PYMNTS Today. By completing...
Identity theft is an unfortunately reality for more consumers as data breaches continue to rock the market. Research from Auriemma Consulting Group estimates that identity theft has cost banks at least $6 billion, and cost consumers $58.9 million, in 2016 alone. According to the Internet...
Standard Chartered’s ongoing investigation into various forms of misconduct has uncovered expense account fraud of an eye-popping nature. In the meantime, the AFP finds that 78 percent of organizations were hit by payments fraud last year, and as always, fraudulent schemes abound, as some isolated...
Paper checks have become the ugly (yet popular) duckling of the B2B payments industry. They are slow and cumbersome, require manual data entry and are often blamed for delayed vendor payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The latest data from the monthly Biz2Credit Small Business Lending Index suggests a slump in small business lending among U.S. credit unions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The U.K. financial regulator, the Financial Conduct Authority (FCA), announced its plans to complete its investigation into the Royal Bank of Scotland (RBS) by the end of next month, amid rising criticism over a perceived lack of transparency in the probe and sluggish action from...
N26, the FinTech bank startup, is upgrading its N26 Metal card, with a launch happening Wednesday (June 13). 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 daily...