News

B2B Payments
How Accountants-Turned-Advisors Can Manage The FinTech Deluge
December 18, 2018

Technology may be enabling automation in small business (SMB) accounting and financial management, but rather than cutting out the need for human accountants in the field, this tech disruption is supporting a change in the profession. Instead of number-crunching, accountants — like other financial services...

B2B Payments
Australia Budgets For SMB Cybersecurity, Five-Day Supplier Payments
December 18, 2018

The Australian government has announced plans to set aside millions of dollars to support small business (SMB) cybersecurity, digitization efforts and accelerated supplier payment times, according to The Sydney Morning Herald on Monday (Dec. 17). The release of its mid-year financial outlook sees the Australian government...

Faster Payments
SWIFT gpi Used For More Than Half Of Cross-Border Traffic
December 18, 2018

SWIFT said Tuesday (December 18) that its SWIFT gpi payment service is being used for more than half of SWIFT’s cross-border traffic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Europe
France To Move Ahead With Tech Tax In January
December 18, 2018

France, which had vowed to start taxing Google, Apple, Facebook, and Amazon in December if the European Union failed to agree on a digital tax, now says the tax will be implemented on January 1. Get the Full Story Complete the form to unlock this...

Faster Payments
Big Tech Companies Throw Support Behind Fed Creating Real-Time Payments Network
December 18, 2018

Amazon, Apple and Google are among the large tech companies that are throwing their support behind the creation of a real-time payments network in the U.S. led by the Federal Reserve. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
Motus On Mapping Mileage Reimbursement
December 18, 2018

Tax season looms. Firms would do well to examine the latest standard mileage rates published by the IRS — and more. Motus’ Chief Legal Officer steers PYMNTS to the questions that must be asked and answered along a journey toward compliance (and corporate strategies) tied to...

Security & Fraud
Hackers Unlock Phones Via 3D Printing
December 17, 2018

There’s a new method hackers can use to break into someone’s smartphone: create a 3D-print life-size replica of the owner’s head. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Wearables
Wearables To Reach 125.3M Units By Year End
December 17, 2018

New data is predicting that global shipments of wearable devices will reach 125.3 million units in 2018, a 8.5 percent increase from the previous year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
EBA To Banks: Prepare For Brexit
December 17, 2018

The European Banking Authority (EBA) told European banks on Monday (Dec. 17) to prepare for Brexit and the possible sudden withdrawal of Britain from the European Union, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and...