News

Retail
Instagram Expands Shoppable Posts To Eight More Countries
March 20, 2018

After testing shoppable photo tags in 2016 and bringing the Shopping on Instagram feature to U.S. users last year, Instagram is now rolling out the feature for business accounts to eight more countries: Canada, Brazil, the United Kingdom, Germany, France, Italy, Spain and Australia, TechCrunch...

Latin America
Alipay Partners With Openpay In Mexico
March 20, 2018

Pushing its footprint even deeper into the Americas, Ant Financial’s Alipay — China’s leading payment provider and the primary means of online and mobile payment for Chinese consumers — announced news today (March 20) that it will be growing its presence in Mexico via a partnership with Openpay....

B2B Payments
Digitization Could Halt Corporate Banks’ Shrinking Profits, Analysts Say
March 20, 2018

The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
FinTechs To Surpass Banks As Aussie SMBs’ Top Finance Choice
March 20, 2018

FinTechs and non-bank financial service providers are set to take over traditional banks as the preferred choice for small business (SMB) customers in Australia, a new report by Scottish Pacific found. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Eximchain Secures $20M For Blockchain Platform
March 20, 2018

Eximchain, a blockchain-based platform developed in the Massachusetts Institute of Technology’s media lab, has raised $20 million for its supply chain financing solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
When Artificial Intelligence Meets Human Intelligence In SMB Accounting
March 20, 2018

The rise in automated solutions – especially in various finance functions – initially led to concern among financial professionals that their positions might be replaced by robots. With automation becoming more commonplace, however, it’s clear that humans are undoubtedly still needed in the enterprise. Get...

B2B Payments
Australia Central Bank Acknowledges Faster Payments’ Risk Challenge
March 20, 2018

Australia has just rolled out the New Payments Platform (NPP), a system to facilitate faster payments in the country, but a recent speech by Michele Bullock, assistant financial system governor of the Reserve Bank of Australia (RBA), suggests there is more to be done to address...

Payment Methods
Flutterwave Taps Flywire For Cross-Border Payments In Africa
March 20, 2018

Flywire, a provider of global payment and receivables solutions for education, healthcare, and business, announced Tuesday (March 20) that it has inked a new deal with Flutterwave, a payments API that makes it easier for banks and businesses to process payments across Africa. Get the...

Retail
Walmart Gets Handy With Installation Service
March 20, 2018

Walmart has announced that it is partnering with Handy to offer customers at more than 2,000 of its stores installation and assembly services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...