Barclays is ready to offer U.S. consumers a low-cost, digital-only bank that will directly compete with Goldman Sachs‘s Marcus brand. Barry Rodrigues, CEO of cards and payments at Barclaycard International, told Financial Times that the new offering would “leverage Barclays’ U.K. knowledge and expertise” to create a checking...
The digitization of the economy has been actively underway for the last two or so decades. In many regards, though, the digital age of restaurants has caught many restaurateurs off guard. Food is, by nature, a physical experience — so it’s been hard for restaurants to mentally...
In B2B payments, buyers want to hold onto cash. Suppliers want to get paid ASAP. The appetite for eliminating friction in that push and pull is increasing as firms do more business across borders. The key to finding a sweet spot in B2B payments is process automation...
As fraudsters continue to chip away at profits and threaten firms’ financial stability, security providers and banks alike are investing in solutions compliant with 3D Secure 2.0 protocols, designed protect both consumers and the companies serving them.
Venmo, the digital payment unit of PayPal, has raised the fee for instant transfers when moving money from their account to a traditional bank account, according to reports. Reports citing an email Venmo sent to users late last week said the fee is going up to...
U.S. Senators John Cornyn and Mark Warner, co-chairs of the Senate India caucus, sent a letter to India’s Prime Minister Narendra Modi urging him to soften his stance on rules that require customer data to be stored locally. Get the Full Story Complete the form...
Bitcoin was hit with an $18 billion market loss in just three days. 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....
When English mountaineer George Mallory was asked in 1923 by The New York Times why he wanted to attempt to climb Mount Everest again (after having failed in 1921 and 1922), he gave what is likely the most famous three-word answer in history. Get the Full...
Walmart has announced its acquisition of online intimate apparel seller Bare Necessities. 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...
