Ripple, the blockchain payments technology company, announced Wednesday (Feb. 14) that it has inked a deal with the Saudi Arabian Monetary Authority (SAMA), enabling banks in the Kingdom of Saudi Arabia to work with its cross-border payments technology. Get the Full Story Complete the form...
Citi Ventures, the venture capital arm of Citi, has reportedly made an investment in B2B payments and receivables management company HighRadius, reports said Wednesday (Feb 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Think small, goes the saying, to effect big change. For community banks serving small- to mid-sized businesses (SMBs), training an eye on credit cards can translate into additional revenue streams and tap into an unmet need for those SMBs. Get the Full Story Complete the...
Streamlined money transfer applications dominated regulatory news this past week as seven states took the initiative to make it easier for traditional FIs and fintechs to broaden their reach across the nation. PYMNTS spoke with Charles Clark, acting director of the Washington State Department of...
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Investors worldwide got quite a scare from India’s Punjab National Bank (PNB) with the announced discovery of $1.8 billion in fraudulent activity at one of its branches, according to Reuters reports. The bank said in a statement that “a few select account holders” appear to have...
Roses are red, violets are blue and consumers are buying gifts other than flowers on Valentine’s Day, too? Apparently, yes. Florists, as it turns out, made up less than 10 percent of total spend among top Valentine’s categories in 2017. Luxury brands, jewelry stores and women’s...
Chocolate chips cookies are possibly the world’s most perfect dessert, particularly when eaten pulled fresh from an oven. 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...
Retail sales in the U.S. recorded their largest drop in almost a year, as households seem to be tightening their belts when it comes to major purchases like new cars and building materials, according to CNBC reports. Get the Full Story Complete the form to...