U.K. bank ClearBank has reportedly agreed to open up an account for a cryptocurrency exchange, according to unnamed sources, as reported by Reuters on Friday (June 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The restaurant industry today is a study in contradictions. Census data tells us that roughly 44 percent of what consumers spend on food comes from restaurants, rather than groceries for home. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The bankers at Goldman Sachs have been moonlighting as venture capitalists, investing in many startups that eventually became household names and overseeing a portfolio worth several hundred million dollars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Hedge funds investing in cryptocurrencies are seeing returns fall, with digital coins down by 35 percent so far this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Email marketers are facing roadblocks due to a new regulation that requires consumers to opt in before additional emails can be sent to them. According to a report in CNBC, the rules are hurting the email marketing companies because consumers don’t even open the emails,...
The Bank for International Settlements (BIS), a forum for the world’s central banks, wants specific regulations that were introduced after the 2008 financial crisis to also be extended to shadow banks and FinTech firms. Get the Full Story Complete the form to unlock this article...
Venmo, the peer-to-peer payment app owned by PayPal, is gearing up to discontinue web support for its payment service. TechCrunch, citing an email to users, reported that the Venmo.com website will phase out support for payments, and eventually there will be even less functionality on...
It stands as one of the top pain points in B2B payments, a place of uncertainty and anxiety, a spot where a late or ignored payment can fatally wound a business: the collection of money owed on outstanding invoices. But every source of pain is...
Data collection is vital. So are mobile and fraud alerts. However, for banks and credit unions still trying to do more to meet the demands of customers in this digital world (and as those customers continue to become more demanding), service can never slip. Get...
