There are a lot of things people think when they think Walmart, but it is unlikely that the term “personal shopper” is jumping first to anyone’s mind. Personal shoppers, after all, are more strongly associated with high-end retail experiences than they are with a store...
Five major banks in Russia saw capital outflows from corporate accounts last month, according to data compiled by Reuters from the nation’s central bank. That news comes despite Russian consumers largely holding faith in the banking system after the central bank moved to prop up several...
Pluto Exchange is launching India’s first mobile cryptocurrency exchange solution with an eye on a few use cases for B2B transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
2017 may go down in B2B payments history as the year the space finally saw a bump in attention from innovators. Amid the excitement over faster payment initiatives, blockchain, open banking efforts and collaboration between banks and FinTechs, B2B payments have found the spotlight as...
The GOP-led tax reform in the U.S. has secured a stamp of approval from small and medium-sized business (SMB) advocates at the National Federation of Independent Business (NFIB), and other analysts say the plan could lend a big boost to large corporates, too. Get the...
Analysts are expecting a lucrative year for FinTech companies in 2018. Reports in American Banker this week said new research from Statista estimates FinTechs in the U.S. alone will secure $4.7 billion from investors of all kind in the new year. Many targets for those...
While legal marijuana made inroads in several states this year, federal criminalization of the drug means businesses that operate in the industry cannot access financial services they need like bank accounts and payment services — even when they’re legal. Get the Full Story Complete the form...
China’s banking regulator has issued a draft measure to amend licensing and oversight of the banking activities of foreign-backed financial companies, according to Thursday (Dec. 28) reports from Reuters. The move is intended to lure investments to China’s financial sector, an economic element that is currently...
The central bank in China is clamping down on mobile payments made via a barcode and scanning devices, a move that could negatively impact Ant Financial, the financial services affiliate of Alibaba and Tencent, the Chinese rival. Get the Full Story Complete the form to...
