News

Digital Banking
Why The Future Of Payments Is Interoperable (Not Integrated)
December 18, 2017

When one person is thinking about sending an email to another, there are all kinds of things to think about: how long or short to make it; whether or not to include pictures; whether an emoji is cute or will make them look immature. Get...

B2B Payments
Developers Enter The World Of Banking
December 18, 2017

Following the global financial crisis and a pullback among banks from small business (SMB) lending, some jurisdictions have recently begun introducing new initiatives to entice competition in the space. That may come in the form of regulations that ease access to banking licenses or legislation...

B2B Payments
Australia SMB Ombudsman Wants Data On Businesses’ B2B Payments Times
December 18, 2017

As Australian regulators inquire about the speed with which businesses pay their small- and medium-sized business (SMB) suppliers, the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) is reportedly taking steps to create a national register for such data. Get the Full Story Complete the...

B2B Payments
Citi Begins Using Distributed Ledger Tech In Its Own Back Office
December 18, 2017

Citi has implemented what it calls a “blockchain-inspired” distributed ledger technology in its back-office to manage collateral in its ledger and send cash or securities, the financial institution (FI) announced Friday (Dec. 15) in a press release. Get the Full Story Complete the form to unlock this...

B2B Payments
US Judge Sentences Man For $25M Supplier Invoice Scam
December 18, 2017

A U.S. judge has sentenced a Nigerian man to three years and five months in prison for his role in a business email compromise scam. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Regulatory Concerns Ease For The World’s CFOs
December 18, 2017

Chief Financial Officers (CFOs) have more on their plates than ever before. Financial management and strategy is now only part of the job description, which has come to include guiding their organizations’ tech adoption, cybersecurity efforts and growth strategy as well. Get the Full Story...

Partnerships / Acquisitions
Thales Buys Gemalto For $5.6B
December 18, 2017

Thales and Gemalto announced over the weekend that Gemalto agreed to the 4.8 billion euros ($5.6 billion) deal to sell itself. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Sluggish Fitbit Ionic Sales Put Company’s Future At Risk
December 18, 2017

The new Fitbit Ionic smartwatch, the latest iteration in the fitness technology company’s arsenal of wearable fitness trackers, has not delivered the business-saving boost Fitbit hoped it would. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Credit Unions
Legislation Would Let More Credit Unions Serve The Underserved
December 18, 2017

A bill introduced in Congress last week would allow credit unions – regardless of charter – to boost their membership efforts and rosters to include underserved communities across the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited...