News

B2B Payments
TD Bank Taps Into FinTech For B2B Payments
September 18, 2018

TD Bank is announcing a FinTech collaboration today (Sept. 18) to enhance its corporate payment offerings. 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...

B2B Payments
Thomson Reuters Partners On Trade Finance Marketplace App
September 18, 2018

Thomson Reuters is teaming up with Seabury Capital to guide its trade finance operations into Asia, the companies revealed in a press release Monday (Sept. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
WEF Throws Weight Behind Blockchain For Trade Finance
September 18, 2018

The World Economic Forum (WEF) has thrown its support behind blockchain technology to expand trade finance availability across the globe, touting the technology as a way to address the “paper monster,” tap into data and support governments’ export/import initiatives. Get the Full Story Complete the...

Banking
Salesforce Seeks To Unwind FIs’ ‘Data Spaghetti’ In Unified Services Quest
September 18, 2018

FIs have their work cut out for them when it comes to giving consumers what they want. After all, ours is an age dominated by services on demand, personalization by bots and Alexa and any number of innovations that ease commerce done 24/7. Get the...

Security & Fraud
Government Payment Service Leaks Data On 14M Customers Online
September 18, 2018

Government Payment Service, the company that enables online payments for thousands of U.S. state and local governments, has inadvertently made available information on more than 14 million customers from as long as six years ago. Get the Full Story Complete the form to unlock this...

Mobile Payments
Alipay Has 700M Active Users
September 18, 2018

Eric Jing, Ant Financial’s executive chairman and CEO, revealed that Alipay now has over 700 million annual active users — an increase of more than 200 million year on year. Jing made the comments at Alibaba’s 2018 Investor Day, where he gave a presentation on...

Security & Fraud
Post-Netspend Agreement, FTC Mails Off $10M To Consumers
September 18, 2018

The Federal Trade Commission (FTC) announced that it is sending out more than 430,000 checks totaling more than $10 million to those impacted by Netspend’s prepaid mastercard misleading claims over its reloadable prepaid debit cards. Netspend serves those without a bank, specializing in providing prepaid Visa...

Banking
Massachusetts Credit Union Gets Into Cannabis Banking
September 18, 2018

A credit union (CU) is now the first financial institution (FI) in Massachusetts to offer banking services to recreational marijuana companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

News
Five At Five: Amazon’s Data Scandal
September 17, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Coverage includes the latest on Amazon’s brewing data scandal, along with news about same-day ACH. UnionPay ups its game against Alipay and WeChat Pay, Uber faces defeat in Africa and...