Australian regulators have made public a report into National Australia Bank (NAB), accusing the FI of charging consumer and small business customers fees for services that were never rendered, reports in The Sydney Morning Herald said Wednesday (Aug. 15). Get the Full Story Complete the...
The U.K. Competition and Markets Authority (CMA) has released its biannual report on the best and worst financial institutions for small businesses, naming Handelsbanken in the U.K. as the best-rated High Street bank for SMBs. Get the Full Story Complete the form to unlock this...
A controversial initiative by Facebook to seek financial information on users from their banks should be closely watched by small business owners, according to reports in Small Business Trends. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Fraud is a threat that business owners often assume comes from outside the enterprise. That’s a misconception, however, and corporate FinTechs are now looking to raise awareness that a company’s expense report and reimbursement processes are prime areas for its own employees to commit fraud....
India gains some traction with SWIFT's gpi service and cross-border payments, while even despite crypto's freefall, Ripple eyes that country -- and China, too -- for transactions across borders.
Financial services firm BBVA Compass is upgrading its mobile business banking app to add new features. 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...
The U.S. Securities and Exchange Commission (SEC) announced, according to Reuters, that it has charged Ameriprise Financial, a registered investment advisor and broker-dealer, $4.5 million due to the company’s failure to safeguard retail investor assets from theft by its representatives. According to the SEC’s order, five...
Stockholm-based Karma has raised $12 million in Series A funding, led by Swedish investment firm Kinnevik. Participants also included U.S. venture capital firm Bessemer Venture Partners, appliance manufacturer Electrolux and previous VC firm backer e.ventures. This latest round brings Karma’s total funding to $18 million....
Uber revealed that its second-quarter revenue increased 63 percent from the prior year to $2.8 billion, while gross bookings jumped 41 percent to about $12 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
