News

B2B Payments
Visa B2B Payments Tap Into Real Estate Market
September 13, 2018

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...

B2B Payments
Mastercard Track And The Streamlined B2B Onboarding Process
September 13, 2018

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...

Security & Fraud
Pre-Data Breach, Equifax Suspected China Of Spying
September 13, 2018

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...

Mobile Payments
SoftBank Builds Blockchain Mobile Payments Proof Of Concept
September 13, 2018

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...

Security & Fraud
Cybercriminals Harass FIs 81M Times In 2018 So Far
September 13, 2018

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...

B2B Payments
Mastercard Track Fast-Tracks Supplier Vetting, Onboarding
September 13, 2018

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...

Risk Management
Why Farmers Now Care About Hedging Currency Risk
September 13, 2018

Farming has always been about risk. Bad weather, infestation, speculation: Such factors can not only mean survival or failure for farmers, but impact food prices and the larger global economy without any effort at hedging or risk management. That’s to say nothing of the risk...

Security & Fraud
RBC Takes An Intelligence-Driven Approach To Bank Security
September 13, 2018

Bank branch visits are expected to decline 36 percent by 2023, as consumers embrace speedier banking on-the-go. But catering to demand for convenience is also creating new opportunities for fraudsters. In the new Omni Security And Authentication Report™, PYMNTS explores the tools FIs are deploying...

News
Five At Five: Amazon Is Making It Big In B2B
September 12, 2018

Welcome to Five at Five, your late look at some of the day’s top payments and commerce news. Coverage includes a look at how Amazon is growing its B2B unit and the reason behind an Overstock stock decline. A U.S. federal judge says that securities...