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,...
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...
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...
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...
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...
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...
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...
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...
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...