News

B2B Payments
Australia Outpaces US In FinTech Adoption, OnDeck Says
April 18, 2018

Australia’s adoption of alternative finance and FinTech is outpacing that of the U.S., according to OnDeck Capital Chief Executive Noah Breslow. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
GTreasury Acquires Visual Risk For Corporate Treasury Compliance
April 18, 2018

Treasury management system provider GTreasury announced it reached a deal to acquire risk management and compliance software company Visual Risk, reports in Mondo Visione said Tuesday (April 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Loyalty & Rewards
Amex Pulls The Plug On Plenti
April 18, 2018

The coalition rewards programs have had some success gaining traction in Europe, as American Express’ experiment with launching one stateside seems to have come to an end. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Amazon
Google And Amazon Casualties Of Russia’s Telegram Ban
April 18, 2018

Russia is making good on its threat to ban Telegram by blocking IP addresses owned by Google and Amazon, saying they were being used by the messaging service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross-border Payments
Indian Officials Say Country Has Enough Cash As ATMs Run Dry
April 18, 2018

With India’s banknote shortage spreading across the country, the government said Tuesday (April 17) that there is enough currency available and that there are moves being made to print more currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
French President Calls For EU Banking And Lending Reform
April 18, 2018

Reuters reported Tuesday that French President Emmanuel Macron may seek to change the enforcement of some banking rules across Europe.  The goal of changing the way the rules are carried out, spanning the banking and insurance industries, would be to boost lending activity. Get the...

Banking
Goldman Sachs’ Marcus Has Issued $3B In New Loans Since Inception
April 18, 2018

Marcus, the consumer lending unit of Goldman Sachs, has issued $3 billion in new consumer loans since launching in October of 2016 through the first quarter of 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Risky Business: When FIs Make AI A “Black Box”
April 18, 2018

From giving consumers in the developing world access to mobile and online banking capabilities to pushing banking tech forward in hopes of creating a new world of intelligent applications, digital banking technology is turning the financial industry on its head. Get the Full Story Complete...

Vending Machines
Reis & Irvy’s Finds An Unattended Way To Sell Soft-Serve Treats
April 18, 2018

Selling desserts in grocery stores is a $25 billion business — and it’s one that Nick Yates, chairman of Reis & Irvy’s, describes as broken. Retailers spend thousands to rent and fill freezer space, only to be left hoping and praying those frozen treats actually...