Government initiatives can serve as a tailwind under bank/FinTech partnerships, as shown in Hong Kong and beyond. And APIs gain ground with Citi in that region, while Armenia sees some additional forays into digital banking
Allegations that American Express secretly hiked foreign exchange rates for small business customers is thrusting the challenges and points of friction that entrepreneurs face with cross-border payments back into the spotlight. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Payroll cards are an important vehicle to ensure that employees — particularly those who are underbanked and unbanked — are able to efficiently receive their wages. Yet, the tool has also earned a controversial reputation, thanks to legal disputes and regulatory concerns over high fees...
Visa has announced a strategic global partnership with Sabre that will allow the technology provider for the travel industry to utilize CyberSource, Visa’s payment management platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
C88 Financial Technologies (C88) announced that it has received an over-subscribed $28 million in a Series C investment from Experian. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Starbucks and Alibaba are teaming up on coffee delivery in China. According to Reuters, Starbucks is trying to regain its footing after a sales slump in the country; Starbucks quarterly sales in China declined 2 percent in the period ended on July 1, down from...
For eCommerce, the Magic Button (Almost) In Sight 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 form, you...
Across the U.S., financial players are still exploring the best practices to offer faster payments to corporate clients. A recent survey of 20 of the nation’s top-60 banks found that there’s a lack of consensus among banks when it comes to managing and charging businesses...
The team at Facebook is not having a great week, as it seems all of its recent data scandal chickens have come home to roost. Last Wednesday, its market cap took a $120 billion beating in the aftermath of earnings that fell short of revenue and earnings targets. Analysts say this is the...
