U.S. banking watchdog the Office of the Comptroller of the Currency (OCC) is facing a lawsuit, adding another setback to its struggling effort to provide FinTechs with national banking licenses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Complex supply chains breed complex problems. The list is seemingly endless when it comes to supply chain friction today. A lack of visibility into the movement of goods, the struggle to pay suppliers across border, and the domino effect of financial struggles that Tier 4...
Small business owners are making a grave mistake if they assume their firms are not a prime target for cyberattackers. Not only are small and medium-sized businesses (SMBs) a prime target, but such an attack can be detrimental to a small company without the resources...
Visa‘s next initiative to disrupt B2B payments is focusing on the real estate market. The company is pairing up with Nexus Systems, a provider of accounts payable (AP) solutions for the real estate industry, to streamline supplier payments for joint customers, the companies said in...
Getting suppliers onboarded takes a while – about 16 days, in fact, due in large part to manual processes. 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...
Before it was the victim of a massive data breach that exposed the personal information of 143 million customers, Equifax was worried that sensitive data had been stolen by Chinese spies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Japanese telecom carrier SoftBank has announced a partnership with Synchronoss and TBCASoft on a Proof of Concept (PoC) for a new cross-carrier mobile payments service. The service is based on the Rich Communication Services (RCS) global messaging standard and TBCASoft’s cross-carrier blockchain platform. It will be unveiled...
A new report has revealed that financial institutions (FIs) were hit with 81 million cybercrime attacks in the first half of 2018, with 27 million of those breaches targeting the mobile channel. Get the Full Story Complete the form to unlock this article and enjoy...
It takes an average of 16 friction-filled, often paper-intensive days for a buyer to onboard a supplier. Mastercard and Microsoft have teamed to launch Mastercard Track, a digital platform to fast-track trade between trading partners by streamlining the supplier discovery, vetting and onboarding process. Carlos...
