News

B2B Payments
Singapore’s PayNow To Include Corporate Payments Service
June 25, 2018

Singapore’s PayNow is entering into the world of corporate payments. 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 newsletter, PYMNTS Today. By completing this...

B2B Payments
Power2SME Says Demonetization Forced IPO Delay
June 25, 2018

Alternative small business lender Power2SME says small businesses’ loan payment times doubled overnight following India’s demonetization efforts, highlighting the impact of going cashless on the nation’s entrepreneurs and, consequently, the SMB finance market. Reports in The Economic Times of India said that Power2SME Founder and Chief...

B2B Payments
Gusto Diverges From Bi-Weekly Payroll Tradition
June 25, 2018

Payroll and human resources solutions firm Gusto is adding customization capabilities for employers looking for something other than the two-week payroll schedule. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Invu Reports That AP Execs Say A Need For Upgrades Is ‘Urgent’
June 25, 2018

Reactive instead of proactive planning, late payments, a lack of visibility: Accounts payable professionals in the U.K. are making progress in their operations, but according to new data from Invu, they clearly have a long way to go. Get the Full Story Complete the form...

B2B Payments
Banks Lack Consensus On Real-Time Corporate Payments
June 25, 2018

A new report from Aite Group suggests financial service providers aren’t quite sure how real-time payments will play out in the corporate arena. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payments Innovation
Are Retailers Ready For Amazon’s Prime Time?
June 25, 2018

My plan on Friday evening was to write a hard-hitting piece on a services segment with incredible marketplace friction. Then I went to Whole Foods on the North Shore of Boston Saturday morning to do some grocery shopping. Get the Full Story Complete the form...

Bitcoin
Swiss Central Bank Nixes National Crypto
June 25, 2018

Schweizerische Nationalbank Board Director Thomas Moser said he doesn’t think it’s the right time to talk about issuing a national cryptocurrency for the country. During the “Future of Token Economy” panel at the Crypto Valley Conference in Zug, Switzerland last week, Moser said that blockchain is...

International
Trump To Block Chinese Tech Investments
June 25, 2018

The U.S. Treasury Department is reportedly gearing up to announce rules that would prevent companies with 25 percent or more Chinese ownership from purchasing a U.S. company that has “industrially significant technology,” Reuters reported. Get the Full Story Complete the form to unlock this article...

Banking
Startup Holds Equity Crowdsale For Banking License
June 25, 2018

Blockchain-based challenger bank BABB — which stands for Bank Account-Based Blockchain — announced it will be holding an equity crowdsale to cover the costs of obtaining a banking license. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...