FinTech competitive forces are often considered the largest source of pressure on traditional financial institutions (FIs) to innovate, particularly when it comes to small business (SMB) banking. Once SMB-servicing FinTechs emerge with enhanced products and services, entrepreneurs are going to want to see the same,...
Corporate payment firm WEX is enhancing its fleet management and spend analytics offering, the company announced on Tuesday (April 24). 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...
The ongoing outage of TSB (Trustee Savings Bank) services in the U.K. isn’t just impacting consumers: The technical glitches that occurred as a result of the challenger bank migrating customer data to a new IT system is causing disruption among entrepreneurs and small businesses too....
The Governance Framework Formation Team (GFFT) said Tuesday that it has completed a draft framework to create a new U.S. Faster Payments Council (FPC), eight months in the making. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau, urged executives in the banking industry to put pressure on lawmakers if they want to see their agendas realized, even saying as a lawmaker he would meet only with lobbyists that had contributed to...
Billtrust announced it has acquired Credit2B, expanding its Quantum solution suite with the addition of business credit reports, online credit applications, machine learning credit scores and credit analytics capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Instacart, the startup that will do your shopping for you and deliver it to your doorstep, announced news on Tuesday (April 24) that it has made tipping easier and simplified its service fee. Get the Full Story Complete the form to unlock this article and...
There is a world of amazing things that ATMs could do in the world of financial services around the globe - but that they largely don’t do. It’s not that the tech is lacking - or even that the interest isn’t there - but the...
Knotel co-founder and CEO Amol Sarva has had a full life in tech. Apart from his current venture, Sarva is also the co-founder of Halo Neuroscience, Peek and Virgin Mobile USA – and those are just his better-known ventures. He founded his first firm when he was still a...
