News

B2B Payments
Banks Resigned To Role Of Utility, Not Collaborator, For SMBs
November 09, 2017

Thanks to competitive pressure from FinTechs, traditional banks are often pressured to keep pace with innovation and meet evolving needs of their small business (SMB) customers. Research suggests small businesses are urging their financial institutions (FIs) to play a more collaborative role as business advisor,...

B2B Payments
UK Watchdog Proposes Compensation Plan For Victims Of Push Payment Fraud
November 09, 2017

The U.K. Payments System Regulator (PSR) is taking steps to address the 100 payment scams hitting consumers and businesses every day. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
CFOs Failing Their Boards In Fraud, Risk Management
November 09, 2017

Corporate treasury is now more strategic for the enterprise, meaning chief financial officers and treasurers must be close-knit with their organizations’ boards of directors. But new research from treasury management firm Kyriba suggests treasurers and CFOs are falling short in delivering on some of the...

B2B Payments
India’s SMBs Struggle With ‘Terrible Year’ Since Demonetization
November 09, 2017

India’s small- and medium-sized businesses (SMBs) have had a rough ride since the government’s surprise demonetization initiative went into effect a year ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
Small Banks Vow To Protect Regulations Keeping Retailers And Tech Giants Off Their Turf
November 09, 2017

Small banks do not want to compete with the Amazons and Walmarts of the world when it comes to offering financial services for clients. As of today, they more or less are protected from having to do so by regulations that prevent banks’ holding companies...

B2B Payments
California Eyes State-Backed Bank For Marijuana Businesses
November 09, 2017

California is just weeks away from legal recreational marijuana laws coming into effect. But, as with other states that have legalized recreational and medicinal marijuana use, the jurisdiction’s associated businesses — most often small- and medium-sized businesses (SMBs) — are struggling with financial management. Get the Full...

Mobile Payments
PayPal Challenges Paytm For India Market
November 09, 2017

PayPal announced that it has launched domestic operations in India, which means it will be taking on China’s Alibaba-backed Paytm, the country’s leading digital payments firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Tencent Gives Snap A Capital Boost
November 09, 2017

Despite failing to meet growth projections and seeing a decrease in ad sales, Snapchat disclosed that Tencent has increased its stake in the company by more than 12 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

POS Innovation
NCR, Samsung Launch An All-In-One POS
November 09, 2017

NCR and Samsung Electronics America announced news on Wednesday (Nov. 8) of the launch of NCR Silver Quantum, an all-in-one point-of-sale (POS) station featuring an integrated payment device that comes equipped with mobile wallet acceptance capability, customer display, a loyalty scanner and a Samsung Galaxy...