News

B2B Payments
Lack Of Customer Trust May Thwart Open Banking’s $1.4B GDP Bump
February 27, 2018

The U.K.’s gross domestic product (GDP) is headed for a significant boost thanks to recent Open Banking legislation, according to analysis from the Centre for Economics & Business Research. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Sales Of Small Businesses To Spike, Driven By Tax Reform
February 27, 2018

New analysis from the International Business Brokers Association (IBBA) suggests small business (SMB) sales will surge in the U.S. this year, driven largely by tax reform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Borrowing By UK Corporates At Three-Year Low
February 27, 2018

Reports in Bloomberg on Monday (Feb. 26) said that, according to new data, businesses in the U.K. are borrowing at their lowest rate since 2015, citing data from lobby group U.K. Finance. Lending to non-financial businesses declined 1.4 percent year over year in January, the...

B2B Payments
Checks, Data Sharing Limits Force B2B FinTechs To Find A Workaround
February 27, 2018

Analytics technologies like machine learning, artificial intelligence (AI) and robotics process automation (RPA) turned cash flow forecasting into more of a science than it’s ever been. Of course, at the heart of this advancement is increased access to detailed financial data, but it’s not easy...

Payments Innovation
Google Pay Smart Tap Hits The POS  
February 27, 2018

To help shoppers use gift cards, coupons and loyalty rewards when paying with their mobile phones, Ingenico Group has made Google Pay Smart Tap available on its point of sale (POS) systems in the U.K. Ingenico made the announcement at the Mobile World Congress, the company said in...

Payment Methods
Paying City Hall, At The Kiosk And Beyond
February 27, 2018

You can’t fight city hall, goes the saying, but there are new ways to pay city hall. News came earlier this month that Chicago’s finance department is enhancing its payment services in a multi-part initiative rolling out this year. Get the Full Story Complete the...

Banking
BoA To Open 500 New Retail Branches
February 27, 2018

Bank of America (BoA) announced news on Monday (Feb. 26) that it’s opening more than 500 new branches across the U.S. over the course of the next four years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
EU Threatens To Tax Big Tech, Big Time
February 27, 2018

The European Commission is looking to tax digital firms’ revenues, eyeing where their users are based – not where the firms themselves base their headquarters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Bitcoin
Coinbase Tells Overcharged Customers To Talk To The Bank
February 27, 2018

Many Coinbase customers who were mistakenly overcharged by the cryptocurrency exchange are still waiting for their refunds. 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...