News

News
SoFi’s CEO To Step Down
September 12, 2017

It seems new leadership will soon be coming to Social Finance, one of Silicon Valley’s more prominent alternative lenders, as founding CEO Mike Cagney has announced his intention to step down by the end of the year. Get the Full Story Complete the form to...

News
In B2B, High Profits Amid New (Tech) Processes
September 12, 2017

B2B payments as fonts of...innovation and profits?  It can be done, says CurrencyCloud CEO Mike Laven.  And in our latest Data Drivers, 55 percent of payments execs agree: The bottom line can benefit with foresight, dedication and not a little bit of technology.  And speaking...

CFPB
Could Equifax Be The Unexpected (And Unwilling) Savior Of The Arbitration Rule?
September 12, 2017

One week ago, the CFPB’s arbitration rule seemed more or less doomed to the scrap heap of financial regulatory history. Although it was approved in final form by the CFPB in July – after a lengthy and contentious rulemaking process – Republican lawmakers vowed to strike down the law within 24 hours...

Retail
Aptos And Billabong Surf The Cloud
September 11, 2017

Billabong is a bigger company than most people might imagine. Apart from its well-known namesake brand, Billabong is also the parent behind a host of surf and beach-lifestyle related firms: RVCA, Element, Kustom, Palmers Surf, Xcel, Honolua Surf Co. and Von Zipper are all Billabong brands...

Retail
Facebook Tracker: Slowdown Strategies
September 11, 2017

Facebook expects a slowdown in its core business in the near future, a prediction that has been cited as a primary driver behind its launch of Facebook Watch. That’s not the only strategy the social media giant plans to deploy, though. It has recently started...

Retail
Missed Amazon Delivery Frustrate Floridians’ Irma Preparations
September 11, 2017

Retailers statewide have been disappointing Floridians in the run up and cool down from Hurricane Irma. 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 daily...

B2B Payments
Corporate Bond Sales Speed Past $1 Trillion
September 11, 2017

Corporate treasuries are continuing to take advantage of low interest rates, leading to a surge in sales of high-grade U.S. corporate bonds, according to reports in the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Correspondent Banking Declines Amid Regulatory Pressures, Says IMF
September 11, 2017

A new report from the International Finance Corporation, a part of the World Bank Group, finds correspondent banking relationships are down, an unintended consequence of regulatory reform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Virtual Cards’ Role In B2B Payments Digitization
September 11, 2017

Even as B2B payments progresses toward digitization, paper checks stick around. Analysts and industry players generally have their bets set on ACH to help guide accounts payable toward electronic payments, and indeed, research suspects ACH payments will finally surpass paper checks in corporate payments (the...