It's a daunting challenge for a country to create its own real-time gross settlement (RTGS) system, much less seamlessly migrate to it. However, third-party infrastructure providers can ease that burden, says SIA’s Mario De Lorenzo. In the latest Faster Payments Tracker, De Lorenzo tells PYMNTS...
Instagram users in India might be able to shop inside the app next year, according to a report from Mint. 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...
The NY AG is looking into how state courts are a weapon against small business owners, who sign documents that allow merchant cash advance firms to do far more than charge exorbitant rates. Through confessions of judgement, these less than scrupulous lenders can drain bank...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes France’s Natixis Payments bringing Apple Pay to users of Apetiz at restaurants and retailers. In addition, UniCredit customers in Italy can now use the Google Pay digital wallet, and cybercriminals...
European Union finance ministers worked out a plan for combating money laundering and also made a deal on major bank reform on Tuesday (Dec. 4), according to reports from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The millennial path of destruction allegedly continues, with those young consumers now taking blame for the decline in the popularity of canned tuna — a product that joins a casualty list that already includes diamonds and restaurants such as Applebee’s. (Pretty soon, one suspects, millennials will...
Several regulatory agencies issued a joint statement Monday (Dec. 3) that urged banks to study and implement “where appropriate” methods that would bring innovate approaches to anti-money laundering efforts and Bank Secrecy Act compliance. Get the Full Story Complete the form to unlock this article...
Walmart announced Tuesday (December 4) a new in-store app that gives Walmart store associates immediate access to Walmart.com, so they can help customers select, order and pay for items right in the store. Get the Full Story Complete the form to unlock this article and...
The Federal Trade Commission announced Tuesday (December 4) it is seeking comment on whether the agency should make changes to rules requiring financial institutions and creditors to take certain steps to detect signs of identity theft affecting their customers. Get the Full Story Complete the...
