Australian regulators on Tuesday (Sept. 25) criticized top banks in the country for what authorities called inadequate reporting of breaches of financial law. Reports in Reuters said the Australian Securities and Investments Commission (ASIC) announced the completion of its review into Australia’s top four banks and...
Visa is expanding the testing of its B2B payments technology, B2B Connect, into Thailand, according to reports. The Nation reported that B2B Connect is now being piloted by Thailand’s largest bank Kasikornbank. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The latest corporate banking offering by Citi aims to virtualize treasurer accounts for more personalized, streamlined services. The bank said in an announcement Tuesday (Sept. 25) that it is rolling out Citi Virtual Accounts for institutional clients. The tool lets corporate customers segregate balances within...
A three-judge panel has ruled in favor of the company in the Uber lawsuit focused on Uber jobs and whether the ridesharing company’s drivers should be considered Uber employees or freelancers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
A new report revealed that Homeland Security’s face scanning airport security program is facing “technical and operational challenges” and might not be ready to launch nationwide by its estimated completion in 2021. Get the Full Story Complete the form to unlock this article and enjoy...
Four months after General Data Protection Regulation (GDPR) came into effect, France is seeing a rise in data privacy complaints. 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...
Maybe Isaac Newton — the hopelessly hopeful alchemist who came up with some solid rules of physics — was a genius of business and even B2B payments, too. After all, one of his main rules concerns the tendency for objects (by which he means everything...
The graveyard of payments innovation is littered with would be all-In-one cards. Batteries? Plastic? Failed startups? Curve's CEO Shachar Bialick tells Karen Webster that the secret to consolidated card success lies with letting consumers decide on payment methods — long after the transaction is done. Call it...
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