News

Global Payments
PPRO: US Merchants Behind In X-Border eCommerce
October 16, 2018

PPRO Group, the global cross-border ePayment company, along with Edgar, Dunn & Company, announced on Tuesday (Oct. 16) that new data shows U.S. merchants are lagging behind other countries when it comes to cross-border eCommerce. Get the Full Story Complete the form to unlock this...

Payments Innovation
Boost Launches Dynamic Interchange Rates To Push B2B Card Acceptance
October 16, 2018

Card acceptance is relatively low in B2B as suppliers balk at interchange fees. Boost Payment Solutions is rolling out Dynamic Boost, to make interchange fees flexible, based on speedy invoice payments. AP spend management via credit cards becomes economically attractive for both buyers and sellers,...

International
Mastercard, Visa, Amex Face Penalties For Violating India Data Law
October 16, 2018

Major U.S. payments companies are facing fines for violating a data law in India. 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...

Regulation
Airbnb Faces Regulation In Washington, DC
October 16, 2018

The district council in Washington D.C. will vote this week on legislation that will decide if short-term rental travel accommodations companies such as Airbnb and HomeAway can do business in the nation’s capital. According to Reuters, the regulation would prohibit people from offering short-term rentals...

Regulation
Post-Wonga Collapse, FCA Scrutinizes Payday Lenders
October 16, 2018

Britain’s financial regulator has sent a warning to payday lenders after rising complaints following the collapse of Wonga. 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...

Retail
NEW DATA: Why Two-Thirds Of Small Merchants Struggle To Innovate
October 16, 2018

Small and medium-sized businesses (SMBs) must possess a long list of attributes if they want to stay competitive in today’s day and age. To maintain their competitive edge, they must offer omnichannel features and innovative payment methods, among a host of other factors. That said,...

News
Five At Five: Apple Slumps In China
October 15, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes a new smartphone forecast and Alexa’s ambition to become a nurse. American Express has a new dispute partnership, retail sales are sluggish and the curtain is closing...

B2B Payments
Virgin Money Buyout By CYBG Receives All-Clear
October 15, 2018

A court hearing late last week gave the all-clear for CYBG to complete its acquisition of Virgin Money for $2.24 billion, finalizing one of the largest bank mergers since the financial crisis, according to reports in Independent.ie on Monday (Oct. 15). Get the Full Story...

B2B Payments
Mastercard Rounds Out SMB Services In India With Zoho
October 15, 2018

Small business (SMB) cloud solutions provider Zoho is reportedly teaming up with Mastercard in India to provide holistic accounts receivable solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...