Corporates are gearing up to manage a whole slew of accounting standards changes in the coming years, but one of the more immediate effects involves how leases are recorded on financial statements. Reports in The Wall Street Journal said the changes could “upend” loan agreements, and...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Norway’s Vipps selection of Inside Secure to provide security for contactless payments. In addition, SmartPesa is rolling out an Android point-of-sale (POS) system, and South Africa’s Mugg & Bean (M&B)...
Earthport, a global payments company, announced Thursday it has been named by BNP Paribas to provide Automated Clearing House (ACH) cross-border payment services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Spektral, a computer vision company located in Denmark, was acquired by Apple for more than $30 million. 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...
SWIFT announced Thursday (Oct. 11) that Santander, the retail and commercial bank, has gone live on SWIFT’s global payments innovation (gpi) service in Spain, the U.K., Argentina and Poland. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
American Express is introducing a new solution to accelerate B2B payments to suppliers. 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....
Sears Holdings may be liquidated in the wake of a meeting Wednesday with several of the struggling retailer’s biggest lenders that did not result in concrete plans to ensure the firm continues operations, The Wall Street Journal reported. Get the Full Story Complete the form...
PayPal said Thursday that it is teaming up with Walmart to deliver financial services to joint customers, allowing them to access cash at the retailer’s stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
When Chad Wittman decided to move to the suburbs of Chicago, he was faced with the challenge of finding someone to move the contents of his small apartment. “I ended up saying, ‘I’m going to do this myself,’” Dolly’s co-founder and vice president Chad Wittman told...
