Earlier this year, Italy initiated its largest bank bailout in its history when it committed up to $19 billion to save two failing regional banks, Banca Popoalare di Vicenza SpA and Veneto Banca SpA. Now, reports in Bloomberg said Friday (Oct. 20), the ongoing struggles...
Germany’s ZUGFeRD electronic invoicing (eInvoicing) standard is making ground across Europe. 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...
Today, in a move aimed at bringing newer and younger depositors to the bank, JPMorgan Chase and Co. has announced the launch of Finn — a new smartphone app designed to allow users to open a bank account, make deposits, issue checks, track spending and...
Consider, for a moment, the Class of 2035. What’s wrong with these kids of the future? Nothing, actually. Their future is just showing up all over the place — but differently than expected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Alipay announced news on Friday (Oct. 20) that it is working with JPMorgan Chase on a plan to allow Chinese consumers traveling in North America to pay using their Alipay Mobile Wallet at Chase merchant clients. With 4 million Chinese tourists expected to visit North...
On Friday (Oct. 20), PayPal and Facebook announced news that they are expanding their partnership. Facebook users will now be able to send and receive peer-to-peer money transfers through PayPal from within the social media website’s Messenger app. Get the Full Story Complete the form...
On Friday (Oct. 20), Mastercard announced news that it will be opening up access to its blockchain technology through its developer’s API. Initially, the technology will be made available for B2B transactions, specifically to address the demands of cross-border payments. Get the Full Story Complete the...
More than 50 percent of Chicagoans will do the majority of their holiday shopping online this year, according to a survey from Accenture. The proportion of shoppers who said they plan to shop primarily at brick-and-mortar retailers stands at 35 percent. Get the Full Story Complete...
Fashion from the department store Lord & Taylor is coming to Walmart’s online store, according to news from The Wall Street Journal. The deal is part of Walmart’s new initiative to court wealthier customers. Get the Full Story Complete the form to unlock this article and...