News

B2B Payments
For Cyber Insurance Companies, Attacks Can Be Riskier Than A Hurricane
May 21, 2018

When PricewaterhouseCoopers released a report in 2015 that predicted the cyber insurance industry would see premiums triple in five years and reach at least $7.5 billion by 2020, the rising threat of cyberattacks meant they would likely become more extreme. Get the Full Story Complete...

Payments Innovation
The Gig Economy’s $1.2T Digital Payments Potential
May 21, 2018

A smart entrepreneur dropped out of college, identified an unmet market need and created an entirely new market segment. 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...

Mobile Payments
New AT&T Tool Lets Developers Make Amazon Dash-Like Buttons
May 21, 2018

AT&T has launched a new product, the LTE-M button, that allows users to place orders online in one click. 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...

IPO
Ant Financial Says No To Those Who Invest In Competitors
May 21, 2018

Jack Ma’s Ant Financial Services Group is set to close a $10 billion private fundraising round that would value the company at $150 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
Former China Official Says Social Credit System Must Make People Bankrupt
May 21, 2018

A former deputy director of China’s development research center of the State Council, Hou Yunchun, said the country’s social credit system has to punish defaulters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross-border Payments
China Urged To Move Cautiously In Opening Financial Markets
May 21, 2018

Huang Yiping, a member of a member of the People’s Bank of China’s monetary policy committee, said over the weekend that while China’s financial services market should be open to more foreign competition, China should take a cautious approach to doing that. Get the Full...

Cross-border Payments
Flywire CEO On The Global Receivables Tipping Point
May 21, 2018

International invoicing, Flywire’s Mike Massaro told Karen Webster in a recent conversation, is not easy work – though from the outset, it isn’t obvious just how complicated it is. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Unifund: Financial Wellness Begins With An ‘L’
May 21, 2018

Steve Ashbacher’s college-aged daughter doesn’t like charging things to her credit card, especially when the balance gets high — she’d rather pay cash or debit. She’s learning, though, the importance of paying down her balance regularly, and the value of the spend/repay cycle for building...

B2B Payments
KWIPPED: How One B2B Marketplace Changed The Industrial Leasing Game
May 21, 2018

Sometimes, the job — and the revenue stream — depends on an autorefractor, or cosmetic lasers. Labs need freezers, warehouses need forklifts and oilfields need mud buckets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...