News

B2B Payments
Microsoft Integrates Payments For Mobile Workforce On Kaizala
April 04, 2018

Microsoft is enhancing its payments capabilities by integrating peer-to-peer (P2P) payment functionality on its Kaizala solution in India, the technology firm said Tuesday (April 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
NatWest, Vocalink Analytics Go After Invoice Fraud
April 04, 2018

U.K. bank NatWest is teaming up with payments company Vocalink Analytics to tackle B2B invoice fraud, the firms announced in a Tuesday (Apr. 3) press release. The two have reportedly developed, tested and launched a Corporate Fraud Insights solution that integrates artificial intelligence (AI) and...

B2B Payments
BitPay Lands $40M For Crypto Cross-Border B2B Payments
April 04, 2018

BitPay, a company that facilitates bitcoin and blockchain payments for corporates sending and receiving money across borders, secured $40 million in funding, the company said Tuesday (April 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Why Correspondent Banking’s Shrinkage Means Risky Business For FIs
April 04, 2018

Correspondent banking is among the most vital avenues for businesses — from international conglomerates to small firms in emerging markets — to facilitate business across borders. But global financial watchdogs are sounding the alarm of an ongoing decline in correspondent banking relationships (CBRs). Get the...

B2B Payments
Blockchain As Both A Preventer And Perpetrator Of Fraud
April 04, 2018

Of all the purported benefits of blockchain, iron-clad security may be the most lauded, with much of the proliferation of blockchain experimentation being fueled by corporates’ and governments’ efforts to safeguard systems and processes. Get the Full Story Complete the form to unlock this article...

Banking
Goldman Sachs Gearing Up To Enter Commercial Banking Market
April 04, 2018

Goldman Sachs has hired a senior engineer at JPMorgan to develop cash management tools as it eyes an entrance into the commercial banking market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Apple Poaches Google’s AI Chief As It Aims To Beef Up Its Offering
April 04, 2018

Apple, aiming to catch up in the artificial intelligence front, has poached Google’s John Giannandrea, chief of search and AI, in what is seen as a major win for its AI efforts. Get the Full Story Complete the form to unlock this article and enjoy...

Payment Methods
Russian Payments Service Yandex.Checkout Launches Credit Service For Online Shoppers
April 04, 2018

Russia’s largest payments service, Yandex.Checkout, announced that online stores can now subscribe to a new service that allows merchants to sell goods and services on credit or by installments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Mobile Payments
Square’s Cash App Comes To The UK
April 04, 2018

Square announced on Tuesday (April 3) that its peer-to-peer (P2P) Cash app is now available in the U.K. According to news from MarketWatch, the U.K. is the first international market for the Cash app. Like in the U.S., users across the pond can now send and receive...