U.K. alternative financial service (FinServ) players promising a small business (SMB) banking revolution — and a challenge to the status quo established by high-street banks — may have spoken too soon. The U.K. market has seen a surge in challenger banks and FinTech firms vowing...
Investors may have focused mainly on the headline numbers, where IBM missed top-line expectations. Management sounded sanguine on the earnings call about the longer-term potential of new tech trends that include blockchain.
Commercial payments company WEX is looking to expand its offering by acquiring one of its partners, Noventis. 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...
Enterprise digitization is beginning to see a troubling trend. While executives may understand the importance of key technologies like data analytics, artificial intelligence (AI) and machine learning (ML) to improve their processes, they don’t always turn that understanding into actionable adoption of those tools. Get...
Oracle is integrating its ERP platform into Citi’s Treasury and Trade Solutions (TTS) with the aim of accelerating corporate transactions, the companies said in an announcement Tuesday (Oct. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Three people have been remanded in India over an alleged plot to blackmail the founder of Paytm for $2.7 million. According to Reuters on Monday (Oct. 22), Paytm’s spokeswoman, “Sonia Dhawan, her husband Rupak Jain and another Paytm employee, Devendra Kumar, were arrested on Monday following...
Uber plans the expansion its on-demand food delivery service Uber Eats so that it covers more than 70 percent of the U.S. by the end of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Office of the Comptroller of the Currency (OCC) announced that it has fined Capital One $100 million due to shortcomings in the company’s Bank Secrecy Act and anti-money laundering programs. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Rules of thumb are useful — until they aren’t. When it comes to deploying corporate resources in the battle against online fraud and account takeovers (ATOs), all too often, guiding principles fail to spot what’s really happening to a business in real time. Get the...
