News

B2B Payments
VCs Back Supply Chain, Corporate Banking Disruptors
July 07, 2017

The U.S. has taken the week to celebrate its Independence Day, but the rest of the global FinTech scene was busy funneling cash into B2B startups. Across India, Australia, France and the U.K., investors placed nearly $50 million into B2B FinTechs, with particular attention on...

B2B Payments
RBC Now Offering VersaPay AR Solutions To Corporates
July 07, 2017

Invoicing and accounts receivables company VersaPay has inked a partnership with Royal Bank of Canada. 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 newsletter,...

Investments
Samsung 2Q Results Leap On Memory Chip Demand
July 07, 2017

Samsung Electronics recently announced that operating profits saw record highs in the second quarter, buoyed by surging prices for memory chips. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Goldman Sachs To Launch Mobile App For Consumers
July 07, 2017

Goldman Sachs, the Wall Street bank that has been offering more services to retail consumers in the last few years, is working on a mobile app for the iPhone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

The IRS May Limit The Records Requested In Coinbase Fight
July 07, 2017

The Internal Revenue Service could pull back its inquiry into around 1 million Coinbase customers accounts, requiring less information on the users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payment Methods
Monzo Disables Card Payments Due To Supplier Issue
July 07, 2017

Monzo, the U.K. challenger to traditional banks, has reportedly disabled card payments after having an issue with a supplier. 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...

Partnerships / Acquisitions
Symantec Beefs Up Its Security Offerings With Fireglass Buy
July 07, 2017

Symantec, the cybersecurity company, made news on Thursday (July 6) with its acquisition of Fireglass, the Israeli agentless isolation solution startup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payment Methods
SWIFT Adds 22 Banks To Its Blockchain Proof Of Concept
July 07, 2017

Secure financial messaging services provider SWIFT announced Thursday that 22 additional global banks had joined its blockchain proof of concept (PoC). The PoC is designed to validate whether the technology can help banks reconcile international nostro accounts in real time. Get the Full Story Complete...

Security & Fraud
Reckitt Benckiser Says Petya Attack Will Cost It
July 07, 2017

Reckitt Benckiser Group Plc, the consumer goods company, said Thursday (July 6) the Petya cyberattack in June is likely to cost it 2 percent of sales in the second quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...